{"id":15080,"date":"2025-06-09T06:30:18","date_gmt":"2025-06-09T06:30:18","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=15080"},"modified":"2025-06-09T06:30:19","modified_gmt":"2025-06-09T06:30:19","slug":"equatorial-guinea-sbm-offshore-signs-spa-with-gepetrol","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-sbm-offshore-signs-spa-with-gepetrol\/","title":{"rendered":"EQUATORIAL GUINEA: SBM Offshore Signs SPA with GEPetrol"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">SBM Offshore announces it has signed a Share Purchase Agreement for the full divestment of SBM Offshore\u2019s equity interest in the lease and operating entities of the FPSO&nbsp;<em>Aseng<\/em>&nbsp;to GEPetrol. The Company\u2019s exit from Equatorial Guinea will take place following an operational transition phase lasting up to 12 months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SBM Offshore\u2019s sale of its participation in the unit in Equatorial Guinea is in line with its strategy to rationalize its Lease &amp; Operate portfolio, as per other recent transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The agreement remains subject to several conditions precedent and approvals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBM Offshore announces it has signed a Share Purchase Agreement for the full divestment of SBM Offshore\u2019s equity interest in the lease and operating entities of the FPSO&nbsp;Aseng&nbsp;to GEPetrol. The &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-sbm-offshore-signs-spa-with-gepetrol\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":15081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[789,12028,5980,12027],"class_list":["post-15080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-equatorial-guinea","tag-fpso-aseng","tag-gepetrol","tag-sbm-offshore","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/06\/FPSO-Aseng-.jpg?fit=665%2C475&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Ve","jetpack-related-posts":[{"id":15611,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-chevron-sign-aseng-agreement-strengthening-gepetrol-participation\/","url_meta":{"origin":15080,"position":0},"title":"EQUATORIAL GUINEA: Chevron Sign Aseng Agreement, Strengthening GEPetrol Participation","author":"","date":"February 3, 2026","format":false,"excerpt":"The Ministry of Hydrocarbons and Mining Development of the Republic of Equatorial Guinea, in partnership with energy major Chevron, has officially signed the Heads of Agreement (HoA) for the financing of GEPetrol\u2019s participation in the Aseng Gas Project in Block I. Demonstrating the partners\u2019 commitment to unlocking innovative financing solutions\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/02\/Equatorial-Guinea-AEC-1536x960-1.jpg?fit=1200%2C750&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/02\/Equatorial-Guinea-AEC-1536x960-1.jpg?fit=1200%2C750&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/02\/Equatorial-Guinea-AEC-1536x960-1.jpg?fit=1200%2C750&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/02\/Equatorial-Guinea-AEC-1536x960-1.jpg?fit=1200%2C750&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/02\/Equatorial-Guinea-AEC-1536x960-1.jpg?fit=1200%2C750&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11365,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-chevron-signs-production-sharing-contract-for-block-eg09\/","url_meta":{"origin":15080,"position":1},"title":"EQUATORIAL GUINEA: Chevron Signs Production Sharing Contract for Block EG09","author":"","date":"December 10, 2021","format":false,"excerpt":"American multinational energy corporation Chevron has signed an agreement with the government of Equatorial Guinea for Block EG09 \u2013 located in the Douala Basin on the border of Cameroon. Representing a notable achievement for both Chevron as it moves to increase its penetration in the Equatorial Guinean market, and the\u2026","rel":"","context":"In \"Aseng 6P well\"","block_context":{"text":"Aseng 6P well","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/aseng-6p-well\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Equatorial-Guinea-Chevron.png?fit=1200%2C647&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Equatorial-Guinea-Chevron.png?fit=1200%2C647&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Equatorial-Guinea-Chevron.png?fit=1200%2C647&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Equatorial-Guinea-Chevron.png?fit=1200%2C647&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Equatorial-Guinea-Chevron.png?fit=1200%2C647&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":14723,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-set-to-boost-exploration-by-attracting-new-investors-in-2025\/","url_meta":{"origin":15080,"position":2},"title":"Equatorial Guinea Set to Boost Exploration by Attracting New Investors in 2025","author":"","date":"February 17, 2025","format":false,"excerpt":"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 energy landscape evolving and production from mature fields declining, the promotion of new acreage is essential to ensuring long-term energy\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14429,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-gepetrol-assumes-operatorship-of-block-b-targets-multi-phase-development-at-zafiro\/","url_meta":{"origin":15080,"position":3},"title":"EQUATORIAL GUINEA: GEPetrol Assumes Operatorship of Block B, Targets Multi-Phase Development at Zafiro","author":"","date":"July 24, 2024","format":false,"excerpt":"Equatorial Guinea\u2019s national oil company (NOC) GEPetrol has outlined a multi-phase development plan for the Zafiro Field, located in Block B. The company will work towards increasing the flow of production at the field, leveraging its newfound position as operator of the block to bolster production and support economic growth.\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/GePetrol.jpg?fit=800%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/GePetrol.jpg?fit=800%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/GePetrol.jpg?fit=800%2C600&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/GePetrol.jpg?fit=800%2C600&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14558,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-petrofac-supporting-marathon-oil-with-master-service-agreement\/","url_meta":{"origin":15080,"position":4},"title":"EQUATORIAL GUINEA: Petrofac Signs Master Service Agreement with Marathon Oil","author":"","date":"October 8, 2024","format":false,"excerpt":"Petrofac confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea.\u00a0\u00a0 Under the agreement Petrofac will provide technical authority and discipline engineering support, ensuring operational excellence, integrity and safety. It will support key onshore and offshore assets: including five offshore steel\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":14587,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-signs-psc-for-block-eg-23\/","url_meta":{"origin":15080,"position":5},"title":"EQUATORIAL GUINEA: Panoro Energy Signs PSC for Block EG-23","author":"","date":"November 14, 2024","format":false,"excerpt":"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 per cent participating interest and operatorship of Block EG-23. It is partnered by GEPetrol, which holds a 20 per cent\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/11\/Equatorial-Guinea-EG-23.png?fit=800%2C500&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/11\/Equatorial-Guinea-EG-23.png?fit=800%2C500&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/11\/Equatorial-Guinea-EG-23.png?fit=800%2C500&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/11\/Equatorial-Guinea-EG-23.png?fit=800%2C500&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=15080"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15080\/revisions"}],"predecessor-version":[{"id":15082,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15080\/revisions\/15082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/15081"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=15080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=15080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=15080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}