Chevron has entered into two production sharing contracts (PSC) with GEPetrol for the EG-06 and EG-11 blocks offshore Equatorial Guinea. GEPetrol is Equatorial Guinea''s state-owned oil company. The blocks are
Equatorial Guinea''s state oil company GEPetrol has a multi-phase development plan to extend production from the Zafiro Field in offshore Block B, according to the African
Petrofac, a leading provider of services to the global energy industry, has today been awarded a Technical Services Contract by Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil
PROJECT DOCUMENT-2 Sustainable Energy for All – Equatorial Guinea "Promoting small-scale hydropower in Bioko and other clean energy solutions for remote islands" Award ID 00094909,
6 天之前· The national company GEPetrol, which became operator of the Zafiro oilfield after ExxonMobil left Equatorial Guinea last year, has been unable to stem the decline in production
Petrofac, a leading provider of services to the global energy industry, has today been awarded a Technical Services Contract by Compañía Nacional de Petróleos de Guinea
Petrofac, a London-based engineering firm, clinches a technical services contract from Equatorial Guinea''s state hydrocarbon company, Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), to support
2e per year in 2050 in Equatorial Guinea; • Reduces 2050 all -purpose, end-use energy requirements by 36.5%; • Reduces Equatorial Guinea''s 2050 annual energy costs 47.2%
Sustainable Energy for All: Promoting Small Scale Hydropower in Bioko and Other Clean Energy Solutions for Remote Islands To create a market for decentralized renewable energy solutions
If we combine these with already producing wells, the future of Equatorial Guinea''s energy sector is bright. We plan to maximise the Gas Mega Hub to unlock the region''s massive gas reserves which remain stranded. The
Antonio Oburu Ondo, Equatorial Guinea’s Minister of Mines and Hydrocarbons added: “Our vision is to create a fully capable nationally-operated oil and gas company to manage our assets. Today, I am proud that our vision is becoming a reality. “We will grow our economy through diverse partnerships and investment in our people.
In addition, there are risk factors such as the Russian-Ukraine war, China-U.S. tensions and a global recession which we are closely looking at and wanting to avoid their negative impacts on the global oil market. What are the most important developments for Equatorial Guinea’s oil and gas industry in the last 12 months?
It is simple, the hydrocarbons sector contributes 90 percent of Equatorial Guinea’s GDP and with that in mind, to drive economic growth, we have focused on creating an enabling environment for industry players.
Equatorial Guinea is spearheading the development of the Central African Pipeline System, in which we have already secured agreements with various countries such as Angola, Cameroon, Chad, the Republic of the Congo, the DRC and Gabon.
With African stakeholders cooperating on the development of the African Energy Transition Bank, 2023 is going to be an exciting year in terms of boosting oil investments across the continent.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.