Europa Oil & Gas Announces EG-08 PSC Phase 1 Extension
Europa Oil & Gas has announced that, in accordance with the exploration periods and their extensions set out in Article 2 of the EG-08 production sharing contract, as well as … Read More
Tag: Equatorial Guinea
EQUATORIAL GUINEA: SBM Offshore Signs SPA with GEPetrol
SBM Offshore announces it has signed a Share Purchase Agreement for the full divestment of SBM Offshore’s equity interest in the lease and operating entities of the FPSO Aseng to GEPetrol. The … Read More
Africa Oil Rebrands to Meren Energy
Africa Oil Corp. has unveiled its new brand identity with a change of name to Meren Energy. The Company’s rebranding follows the recent completion of the transformative Prime consolidation, doubling … Read More
Equatorial Guinea, Suzepet Sign MoU to build Domestic Refinery
Equatorial Guinea through its Vice President Teddy Nguema has inked an MoU with Suzepet for the contruction of a domestic refinery in a ceremony in Shanghai which saw Zhang Jinhong, … Read More
Africa Energy Bank Gains Momentum with Capital Contributions from Nigeria, Angola and Ghana
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the … Read More
Equatorial Guinea Set to Boost Exploration by Attracting New Investors in 2025
Equatorial Guinea is taking decisive steps to revitalize its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing exploration and production. With the global … Read More
NAMIBIA: Chevron Farms Into PEL 82 Signaling Growing IOCs Interest in African Energy
Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed … Read More
EQUATORIAL GUINEA: Panoro Energy Signs PSC for Block EG-23
Panoro Energy announces that it has finalised terms and signed a Production Sharing Contract (PSC) with the Government of Equatorial Guinea for offshore Block EG-23. Panoro now holds an 80 … Read More
EQUATORIAL GUINEA: Petrofac Signs Master Service Agreement with Marathon Oil
Petrofac confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea. Under the agreement Petrofac will provide technical authority and discipline … Read More
Equatorial Guinea, Nigeria Sign Gulf of Guinea Gas Pipeline Agreement, Signaling New Era of Bilateral Cooperation
In a move set to strengthen bilateral cooperation in West Africa, Equatorial Guinea and Nigeria have signed an agreement for the construction of the Gulf of Guinea Gas Pipeline Project. … Read More
