Submitted by oilgasafrica on Sun, 2017-10-22 23:00
The assets of Hess Corporation (NYSE: HES) (www.Hess.com) in Equatorial Guinea will be acquired by Kosmos Energy (NYSE: KOS) (www.KosmosEnergy.com), the Ministry of Mines and Hydrocarbons has announced. The landmark sale transfers majority ownership and operatorship of two legacy oil producing areas in the Rio Muni basin, Ceiba and Okume, to Kosmos.
Submitted by oilgasafrica on Sun, 2017-09-17 23:00
The Ministry of Mines and Hydrocarbons (http://MMIE.Gob.gq/en/), representing the Government of Equatorial Guinea, has signed a memorandum of understanding with the Government of Burkina Faso to supply the West African country with LNG and build critical infrastructure to import, store and transport gas. The initial three-year agreement compels both sides to negotiate and sign an LNG sales and purchase agreement (SPA) and a terminal use agreement (TUA) that will be the basis for their first LNG exchange. The MoU also calls for Equatorial Guinea to explore and produce oil and gas in Burkina Faso.
Submitted by oilgasafrica on Wed, 2017-02-01 08:14
The Ministry of Mines and Hydrocarbons of Equatorial Guinea (http://MMIE.gob.gq) announces that it has submitted its interest to join the Organization of Petroleum Exporting Countries (OPEC) in 2017. H.E.
Submitted by oilgasafrica on Sun, 2016-02-14 13:55
The Ministry of Mines, Industry and Energy of Equatorial Guinea (http://MMIE.gob.gq) is pleased to announce that Riaba Fertilizers Limited has awarded the EPC contract for a new petrochemicals complex to a Chinese consortium led by East China Engineering Science and Technology Co. Ltd (ECEC).
Submitted by oilgasafrica on Fri, 2015-11-27 23:33
The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced that national gas company SONAGAS (http://SONAGAS-ge.com) will begin marketing the State’s share of liquefied petroleum gas (LPG) produced at the Alba Plant, on Bioko Island. SONAGAS has now opened negotiations with offtakers and will begin marketing its LPG production stake to international buyers from January 1, 2016.
Submitted by oilgasafrica on Tue, 2015-11-10 06:28
South African oil and gas company SacOil will join the consortium of Taleveras Group, Gunvor Group and the Strategic Fuel Fund in developing the Bioko Oil Terminal tank farm in Equatorial Guinea.
Submitted by oilgasafrica on Fri, 2015-10-30 17:11
The Ministry of Mines, Industry and Energy, representing the Government of Equatorial Guinea, announced today that it has signed a Memorandum of Understanding with three companies to build a crude oil and petroleum products storage tank farm on Bioko Island, Equatorial Guinea.
Submitted by oilgasafrica on Thu, 2015-10-29 19:25
Following the success of its 2012 and 2014 bidding rounds, the Ministry of Mines, Industry and Energy of Equatorial Guinea has announced it will launch a new bidding round for all remaining deep and ultra-deepwater blocks in 2016.
Submitted by oilgasafrica on Sun, 2015-06-21 23:00
MALABO, Equatorial Guinea, June 29, 2015/ -- The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced new government appointments and mergers of key internal departments that will streamline its operations and contribute to an overall improvement of governance in Equatorial G
Submitted by oilgasafrica on Tue, 2015-05-05 20:50
Golar LNG ("Golar") announced today that it has signed a binding Heads of Terms with Ophir Energy Plc ("Ophir") for the provision of the GoFLNG vessel Gimi. The Heads of Terms has been approved by Ophir's Equatorial Guinea, Block-R upstream partner GEPetrol, and will be formally ratified by GEPetrol next week. The agreement will be structured as a 20-year tolling contract, commencing commercial operations in the first half of 2019. Block R's 2.5 tcf of high purity 2P gas resources, situated in an area of benign sea states, are ideally suited for the application of Golar's GoFLNG technology.
Submitted by oilgasafrica on Wed, 2015-04-01 23:00
The Ministry of Mines, Industry and Energy of Equatorial Guinea (http://www.equatorialoil.com) is pleased to announce the Ratification of Production Sharing Contract for Block EG-06 by the government of Equatorial Guinea.
Submitted by oilgasafrica on Wed, 2015-01-07 22:42
The government of Equatorial Guinea has signed an agreement with Nigerian energy firm, Taleveras Group, to build an oil storage hub in the West African country.
Submitted by oilgasafrica on Sat, 2014-11-01 08:22
The government of Equatorial Guinea has heavily invested the country's oil revenues in its infrastructure to enhance its growth potential.
Submitted by oilgasafrica on Sun, 2014-09-21 23:00
Equatorial Guinea's Minister of Mines, Industry and Energy, Gabriel Obiang Mbaga, recently announced the discovery of a new gas well off the coast of the Island of Bioko. The new gas well will allow the ministry to expand the Floating Installation of Liquefied Natural Gas (FLNG) project in the country.
Submitted by oilgasafrica on Sat, 2014-06-14 13:50
Equatorial Guinea participated in the U.S.-Africa Energy Ministerial (AEM) hosted by the governments of Ethiopia and the United States to provide a forum for major announcements and commitments that support ene