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The country takes action to support its services industry and engages on an industry-wide dialogue to study other measures for upstream operators and ongoing midstream projects The Ministry of Mines and Hydrocarbons (MMH) of the Republic of Equatorial Guinea decided on the waiving of its fees for services companies in the country. This is the […]
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Equatorial Guinea has kicked off a year-long investment campaign aimed at driving capital investment into the country’s bankable projects. Major U.S. firms have pledged to increase their investment in Equatorial Guinea in 2020, along with Nigerian banking and financial institutions. Notable investment-ready projects include the construction of two modular oil refineries, an ammonia plant, a […]
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Travel & Tourism This tiny Central African nation, roughly the size of Maryland, is sub-Saharan Africa’s third-largest oil producer. Though this oil wealth has made it one of the most prosperous countries in the region, political upheaval and wealth inequality are problems that weigh on the country’s conscience. That said, the country boasts a varied […]
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Equatorial Guinea’s government has announced its plans to construct a natural gas megahub project. This will consist of interlinked production, aggregation and processing facilities offshore and onshore, and will tie in to existing facilities. The project is led by the Ministry of Mines and Hydrocarbons(MMH) in collaboration with oil and gas companies. The first phase […]
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When Kosmos Energy acquired Hess Corporation’s assets offshore Equatorial Guinea last year, the deal pointed to a trend for 2017’s mergers and acquisitions: an effort to focus regionally and reap as much value and efficiency as possible from assets, according to Deloitte’s Oil & Gas Mergers and Acquisitions Report for 2017. “Oil and gas companies seem […]
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