Equatorial Guinea expects foreign direct investment in 2021 could reach $1.11 billion, according to the energy ministry, while production is expected to increase.
The Host Communities of Nigeria (Hoscon) has called for the government to do more to help out the people in oil and gas producing areas, warning that it has stopped supporting a ceasefire agreement.
Waltersmith Petroman’s modular refinery has been completed and will begin operations on October 14, the Nigerian Content Development and Monitoring Board (NCDMB) has said.
Equatorial Guinea has awarded a feasibility study on a proposed modular refinery, in Punta Europa, to VFuels Oil & Gas Engineering.
Equatorial Guinea has expressed interest in emulating Nigeria’s modular refinery initiative, led by Waltersmith Petroleum.