Equatorial Guinea has awarded Nexant the feasibility study on a new formaldehyde plant at Punta Europa and work to develop a Gas Master Plan to Gas Strategies.
Vaalco Energy posted a net loss of $52.8 million for the first quarter of the year, driven by a non-cash charge of $59.1mn as a result of lower oil prices.
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 recorded 30 cases of coronavirus at ExxonMobil's Serpentina floating production, storage and offloading (FPSO) facility over the weekend.
Equatorial Guinea has awarded a feasibility study on a proposed modular refinery, in Punta Europa, to VFuels Oil & Gas Engineering.
Equatorial Guinea intends to make its petroleum sector more attractive by modifying regulations.
Coronavirus has begun to spread in Africa, triggering governments to impose lockdowns and take steps to tackle the pandemic.
Equatorial Guinea has taken the decision to postpone its Africa Oil & Investment Forum (AOIF) and exhibition, which had been due to take place on June 1, in light of the coronavirus outbreak.
Kosmos Energy has reported a net loss of $36 million for the fourth quarter of 2019, although free cash flow reached $139mn for the period.
Trident Energy has begun a 4D seismic survey offshore Equatorial Guinea on Block G.
Marathon Oil has stepped up its plans for Equatorial Guinea, targeting the delivery of first gas from the Alen backfill project by the end of 2020.
Texas-based Vaalco Energy’s production in Gabon is more than 6,000 barrels per day of oil, up 73% from its 2019 average.
Equatorial Guinea has expressed interest in emulating Nigeria’s modular refinery initiative, led by Waltersmith Petroleum.
Vessel operator Swire Pacific Offshore (SPO) has confirmed its workers have been released after a month-long abduction ordeal.
Equatorial Guinea expects $1.4 billion to be invested in the country in the 2020 fiscal year, with a mix of exploration and appraisal drilling.
The Gas Exporting Countries Forum (GECF) has wrapped up in Malabo, bringing to a close a global discussion on the use and development of gas.
Bowleven has taken an impairment charge of $62 million on its Etinde asset in Cameroon as plans have slipped.
Vitol has signed up to a strategic partnership and co-operation agreement with Equatorial Guinea’s Ministry of Mines and Hydrocarbons, focused on the proposed gas megahub plan.
Equatorial Guinea has preliminarily awarded nine blocks in its EGRonda 2019 licence round, announcing the results at the Gas Exporting Countries Forum (GECF) under way this week in Malabo.
Vessel operator Swire Pacific Offshore (SPO) has confirmed that a supply ship operating in Equatorial Guinea has been attacked, with seven of the vessels staff now "missing".
Equatorial Guinea has approved a $90-100 million gas pipeline contract with Saipem.
Kosmos Energy notched up $16 million in net income for the third quarter, while also celebrating a discovery offshore Equatorial Guinea.
Glencore’s oil production has risen 8% during the first three quarters of the year over the same period in 2018.
A number of African states are in the process of visiting Sochi, largely in the hope of signing deals for new investment.
Equatorial Guinea is pioneering developments in gas trading around West Africa with plans for a first regasification facility and political initiatives.