Equatorial Guinea plans to offer up acreage offshore Block R with the related Fortuna gas development project in its April licensing round, after the concession was reclaimed from Ophir Energy, Gabriel Obiang Lima, the country’s oil minister, was quoted as saying in a Reuters report.
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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.
Read MoreEquatorial Guinea’s Ministry of Mines and Hydrocarbons inked a deal with the government of Burkina Faso for the supply and construction of LNG infrastructure.
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