Russia’s state-owned Rosgeo has completed its first phase of work in Equatorial Guinea’s Rio Muni region.
African Energy Chamber
Companies working in Nigeria’s energy sector have called for a faster rate of change from the government.
Equatorial Guinea has granted oil and gas companies a two-year extension for exploration work, the Ministry of Mines and Hydrocarbons has said.
Equatorial Guinea intends to make its petroleum sector more attractive by modifying regulations.
African states need to take urgent action to protect local oil and gas businesses, providing a three-month tax holiday, the African Energy Chamber has said.