Africa’s Most Interesting Untapped Oil Play
When writing the article on this year’s Top Oil Wildcats , one of the hottest candidates had to be dropped out of the list. Not because the prospect turned out Continue Reading
Exxon Considers Sale of Oil Assets in Equatorial Guinea
Exxon Mobil Corp. XOM -0.89% is in talks to sell its oil assets in Equatorial Guinea, the country’s oil minister said, and might be replaced there by a Russian company—among other options—as U.S. companies Continue Reading
Interview: Equatorial Guinea warns of African asset grab by oil majors
The return of oil majors to African exploration projects as upstream spending recovers threatens to slow down, rather than accelerate, the pace of new finds in the region, Equatorial Guinea’s Continue Reading
Equatorial Guinea LNG project stumbles as Schlumberger quits
A pioneering liquefied natural gas project in Equatorial Guinea bogged down by delayed financing, ran into further trouble after U.S. oil services company Schlumberger pulled out of the venture, two Continue Reading
OPEC’s Newest Member Looks To Raise Oil Production
OPEC’s newest member country, Equatorial Guinea, is seeking to lift its crude production after smaller oil companies acquired stakes in offshore oil fields operated by U.S. Hess Corporation, Equatorial Guinea’s Continue Reading
French supermajor Total places bet on offshore Guinea
French energy company Total said Monday it was expecting a big oil pay off from the under-explored deep waters off the coast of the Republic of Guinea. The company signed Continue Reading
Total to Map Guinea Oil Blocks with Option to Acquire Three
French oil giant Total signed an agreement on Friday with Guinea’s national oil company ONAP to carry out seismic mapping of deep and ultra-deep offshore blocks with an option to Continue Reading