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Equatorial Guinea Signs MoU with Shell for Enhanced Cooperation on Energy Projects
The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea signed an historic memorandum of understanding with Shell Group on July 4, 2016. The MoU will enable greater collaboration between the two parties on numerous oil and gas-related projects. This new agreement testifies to the Equatoguinean Government’s continued drive to extract the maximum value from…
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Kosmos Energy Enters Equatorial Guinea with Three New Oil and Gas Contracts
Dallas-based Kosmos Energy will enter Equatorial Guinea via three new oil and gas licences following the EG Ronda 2016 licensing round. Block EG-21, Block S and Block W are located offshore Equatorial Guinea. Kosmos Energy is an established oil and gas explorer in West Africa. The Ministry of Mines and Hydrocarbons of Equatorial Guinea, Kosmos…
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EG Ronda 2016 Moves to Singapore for 3rd Stage of Oil and Gas Licensing Round Promotion
The Equatorial Guinea Oil and Gas Licensing Round announces the next stage of its world tour. On September 20-23, Ministry of Mines and Hydrocarbons officials will visit Singapore to promote exploration opportunities to Asian and Australian investors. The Equatorial Guinea oil and gas licensing round, EG Ronda 2016, will come to Singapore in September as…
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EG Ronda 2016 Moves to London
The Equatorial Guinea oil and gas licensing round lands in London on June 21, 2016 for the Africa Assembly, hosted by the Oil & Gas Council. Key officials of the Ministry of Mines, Industry and Energy (MMIE), including H.E. the Minister Gabriel Mbaga Obiang Lima, Minister of Mines Industry, will be present at the two-day…
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September 20-23, 2016: Singapore
Focus on natural gas The MMH lands in Singapore alongside the world’s gas leaders for the World LNG & Gas Series, and invites companies to submit interest in bidding round. A dedicated data room will be made available. About the World LNG & Gas SeriesThe CWC World LNG & Gas Series brings together the world’s major gas…
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Ophir Energy Signs EG-24 PSC
London-listed Ophir Energy enters its second oil and gas block in Equatorial Guinea in partnership with GEPetrol. Block EG-24 is situated offshore Rio Muni to the west of legacy producing fields Ceiba and Okume.Ophir Energy is developing Africa’s first deepwater floating LNG plant utilizing gas from Block R offshore Bioko Island.The Ministry of Mines and…
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June 6, 2016: Cape Town
The official opening of EG Ronda 2016 His Excellency the Minister announces at the Africa Oil & Power conference that the Ministry of Mines and Hydrocarbons is officially accepting bids. All delegates at Africa Oil & Power are able to attend the bid round launch, which will also feature a panel discussion among Equatorial Guinea…
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Hess Corporation Reaches Amicable Tax Settlement With Equatorial Guinea
A tax settlement between the Ministry of Mines and Hydrocarbons and the partners of the Ceiba and Okume fields has been reached, the Ministry announces. Minister of Mines and Hydrocarbons: “Equatorial Guinea has a stellar record in honoring the sanctity of contracts.” Hess Corp. has an 85 percent interest in the Ceiba and Okume fields…
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Bidding period Extended, Winners to be Announced at Africa Oil & Power in June 2017
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has extended the official closing date of the EG Ronda Licensing Round to April 28, 2017. Responding to a wave of new exploration interest, the Equatorial Guinea Government wants to give companies more time to participate. “We can see that the industry as a whole is…
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Kosmos Energy Acquires Hess Corp. Assets in Equatorial Guinea
US oil company Hess Corporation will give up its 85-percent stake in the producing Ceiba and Okume oilfields offshore Rio Muni, Equatorial Guinea. Kosmos Energy will acquire the assets from Hess; existing investors Tullow Oil and GEPetrol will enter partnership with the new operator.With the purchase of Ceiba and Okume and its entry as an…
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