Spearheading Clean Energy in West Africa
2 Dec 2019
Elite Construcciones is pioneering gas development and trade in West Africa through the construction of an liquified natural gas (LNG) storage and regasification plant at the Port of Akonikien, Equatorial Giunea, under the LNG2AFRICA initiative – the first of its kind in the region. LNG2Africa was launched by Equatorial Guinea’s Minister of Mines and Hydrocarbons […]
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5TH GECF Heads of State Summit Launches Declaration of Malabo
29 Nov 2019
Find the Spanish version here. The Declaration of Malabo was published as the outcome of the Gas Exporting Countries Forum (GECF) 5th Heads of State Summit on Friday. The declaration was presented by H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, and H.E. Yury Senturyin, Secretary-General of the GECF. The Declaration […]
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2nd International Gas Seminar | 5th GECF Summit | Connected to Consumers Panel Discussion
29 Nov 2019
2nd International Gas Seminar | 5th GECF Summit | Connected to Consumers Panel Discussion Moderated by Rob Veersma Director Training 7 Development Gazprom International Training Panelist: Juan Antionio Ndong Ondo. Panelist: Chaher Boulahkras CEO, Sonelgaz. Panelist: Mounir Bouaziz, Former Vice President, South America and Africa, Shell. Panelist: Dmitry Sokolov, Head of Energy Economics & Forecasting […]
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Equatorial Guinea Launches First Ever Corporate Social Responsibility Book
28 Nov 2019
Find the digital CSR Equatorial Guinea Book here. The publication highlights key achievements in corporate social responsibility projects within Equatorial Guinea’s oil and gas sector. Notable projects include the Bioko Island Malaria Elimination Project, Bioko Biodiversity Protection Program and former Program for Education Development of Equatorial Guinea. The book was distributed during the 2nd Gas […]
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2nd International Gas Seminar Presentations
27 Nov 2019
The 2nd International Gas Seminar was held on November 27, 2019, as part of the Gas Exporting Countries Forum 5th Gas Summit this week in Malabo, Equatorial Guinea. The Seminar was organized by Africa Oil & Power and is part of the Equatorial Guinea Year of Energy. Download all presentations below: Download the GECF Secretary […]
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Africa to Double Natural Gas Production by 2040, Global Consumption to Double by 2050
27 Nov 2019
Natural gas growth prospects were outlined during the 2nd International Gas Seminar on Wednesday. Opening addresses were delivered by H.E. Yury Sentyurin, Secretary General of the GECF; H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea; and H.E. María Coloma Edjang Mbengono, Mayor of Malabo; followed by a ministerial panel discussion. […]
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Equatorial Guinea Announces Winners of EG Ronda 2019 Bidding Round
27 Nov 2019
The Ministry of Mines and Hydrocarbons announced the winners of Equatorial Guinea’s oil, gas and mining concessions on Tuesday. Block E G-27 was awarded to Lukoil and GEPetrol and Block EG-09 was awarded to Noble Energy and Gepetrol. The announcement took place during the Gas Exporting Countries Forum 5th Heads of State Summit currently being […]
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Noble Energy to Restore Egypt’s Pipeline
25 Nov 2019
The U.S. International Development Finance Corporation will provide $430 million in insurance to advance energy security in Egypt by restoring a natural gas pipeline and transporting natural gas from fields offshore Israel. Adam Boehler, Chief Executive Officer of the U.S. International Development Finance Corporation said that the insurance will enable Noble Energy to restore the EMG Pipeline […]
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Algeria passes new Hydrocarbons Law
20 Nov 2019
Algeria has approved a new Hydrocarbon Law aimed at attracting foreign investment into its oil and gas sector. The Hydrocarbon Law was drafted in collaboration with five major international oil companies operating in Algeria. Algeria relies on hydrocarbons, which represent 40% of government revenues and 95.6% of its exports. Backed by state-owned Sonatrach, the new […]
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Egypt Strengthens Partnership with U.S.
19 Nov 2019
Egyptian Minister of Petroleum, H.E. Tarek El-Molla, has announced that his ministry recently managed to attract major U.S. companies to operate in the country’s petroleum and gas exploration sectors, including Chevron Corporation and ExxonMobil. The minister applauded ExxonMobil for diversifying its operations and investments in Egypt after winning an exploration bid of a Mediterranean concession. […]
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Africa, a Field for Gas Players
11 Nov 2019
This article was first published on the Africa Oil and Power website The African LNG market currently holds 7.1% of proven global gas reserves and is expected to contribute nearly 10% of global production growth through to 2024. African countries are increasing their efforts to secure stable gas supply and enhance power generation capacity through […]
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Kosmos Strikes Oil in Offshore Rio Muni, Equatorial Guinea
5 Nov 2019
This article appeared on the Africa Oil and Power website The Government of Equatorial Guinea, represented by the Ministry of Mines and Hydrocarbons, has announced that Kosmos Energy has made an oil discovery in offshore Equatorial Guinea. The S-5 well was drilled at a total depth of 4,400 meters and encountered 39 meters of net […]
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LUKOIL signs MoU with Equatorial Guinea
24 Oct 2019
Russian energy multinational LUKOIL and the government of Equatorial Guinea signed a Memorandum of Understanding on Wednesday at the Russia-Africa Summit and Economic Forum, establishing a framework for joint cooperation in oil and gas exploration. The agreement was signed by Equatorial Guinea’s Minister of Mines and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima and President of […]
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Rosgeo to Start Operations in Equatorial Guinea
23 Oct 2019
The Ministry of Mines and Hydrocarbons signed a Memorandum of Understanding with the Russian company on Wednesday. Russian geological research company, Rosgeo and the Ministry of Mines and Hydrocarbons of Equatorial Guinea signed a Memorandum of Understanding during the Russia-Africa Summit and Economic Forum on Wednesday, to cooperate on exploration activities. Sergey Gorkov, Director-General and […]
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