Africa Oil & Gas: RoyalGate Energy extends licence in Equatorial Guinea

Africa Oil & Gas: RoyalGate Energy extends licence in Equatorial Guinea

The Company plans to drill in Block Z. Equatorial Guinea’s block Z holds an estimated 3.6 tcf of gas. RoyalGate is also interested in Angola’s marginal field licensing round. Advertisements

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Africa Oil & Gas: Equatorial Guniea Minister Cracks Down on Subsea 7

Africa Oil & Gas: Equatorial Guniea Minister Cracks Down on Subsea 7

Equatorial Guinea’s Minister of Mines and Hydrocarbons, Gabriel Mbaga Obiang Lima, at the South Sudan Oil and Power Conference in Juba. announced the decision to mandate all petroleum operators cancel any contracts with US-based oil service company Subsea 7, due to noncompliance of Equatorial Guinea’s local content regulations.

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Exploration: Equatorial Guinea to launch new oil and gas bid round in January

Exploration: Equatorial Guinea to launch new oil and gas bid round in January

Equatorial Guinea will launch a new oil and gas exploration bidding round early next year and may refuse extensions of existing licences to oil companies unless they collectively invest a minimum of $2 billion (1.6 billion pounds) in the country, the oil minister said on Thursday.

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Africa Oil & Gas: Equatorial Guinea orders oil firms to cancel contracts with CHC Helicopters

The Ministry of Mines and Hydrocarbons of Equatorial Guinea issued a mandate that all oil and gas operators in the country cease using CHC Helicopters. The Ministry has told the firms to cancel all contracts with the transportation firm due to noncompliance with the country’s national content regulations.

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Africa Oil & Gas: Equatorial Guinea LNG project stumbles again 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 other operators said on Thursday.

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Africa Oil & Gas: Equatorial Guinea plans bigger gas market

Equatorial Guinea plans to build a natural gas hub that links production and offshore processing to existing onshore demand. The project is led by the ministry of mines and hydrocarbons in collaboration with oil and gas companies, it said May 10.

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