Equitorial Guinea

Equatorial Guinea slats Oil & Gas Projects for 2020


Published: Sunday May 17, 2020
By: Oilfield Africa Review

Gabriel Mbega Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial

The Board of Directors of the Ministr y of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and published the shortlisted key companies for the execution of their reference projects in the framework of the current Investment Year. The decision was made during a meeting held on March 19, 2020. Projects in Equatorial Guinea In Punta Europa, where most of Equatorial Guinea’s gas and energy activities are currently carried out, the country is building a modular refinery, storage tanks and a methanol-based derivatives generation plant. Companies interested in the modular refinery include the US oil company Marathon Oil , the Spanish-Russian consortium Selquimica International specializing in engineering and energy, and the British company Rosslyn Energy. The latter is also interested in the development of the storage tanks, together with the Briti sh co m pany O range Resources Worldwide and the company China Communications Construction Company. In addition, the derivatives methanol project has attracted the interest of South African company Pan African Energy, Nigerian company Bugabi Group and Danish catalysis company Haldor Topsoe.

Second modular refinery project In Kogo, south of the country’s economic capital, Bata, the second Modular Refinery project has attracted the interest of the Egyptian company Petrojet, the British company Rosslyn Energy, the Spanish-Russian consortium Selquimica International, and SDLE International DMCC based in UAE. Meanwhile, South African company Grindstone Resources and Omani company MSS LLC are shortlisted for the gold refinery project and the Minerals Industrial Zone. “Equatorial Guinea has postponed most investment conferences under its 2020 Investment Year due to the coronavirus pandemic, but we continue to work with our team and partners to get all of these projects started as soon as possible. These are benchmark infrastructure development projects that will guarantee the sustainable growth of our hydrocarbon and mineral industry, create jobs and generate income for the State and citizens in the coming decades, ”Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons said. T he M ini s tr y of M ines and Hydrocarbons (MMH) is still expecting other expressions of interest from additional companies, including Chinese companies as potential investors for these projects as mentioned above.

Sponsored Partners

Discover our premium partners and explore their innovative solutions in the industry
Rig Count
Valaris Adds Drillship Valaris DS-12 to Fleet in Africa
Wednesday October 15, 2025
Nigeria
Nigeria, Shell Sign FID on HI Gas Project Offshore Nigeria
Tuesday October 14, 2025
Nigeria
Eni Nigeria Records 20% Production Increase in Abo Field
Tuesday October 14, 2025

Sponsored Partners

Discover our premium partners and explore their innovative solutions in the industry

Acquisition And Merger
Serica Energy to Acquire UK North Sea Assets from BP
Monday October 13, 2025
Company News
Tamrose Completes Repayment of $10m NCIF Loan, Grows Fleet by 200%
Sunday October 12, 2025
Finance
NEXIM Bank Urges Women in Energy to Access NCIF Loan
Saturday October 11, 2025
Downstream
Ethiopia to Build First Oil Refinery of 3.5Mtpa Capacity
Friday October 10, 2025
Gas & Power
U.S. Reiterates Investment Focus on Africa Oil & Gas Sector
Friday October 10, 2025
Technology
NCDMB Unveils Digitisation Initiative to Transform the Energy Sector
Thursday October 9, 2025