ExxonMobil has signed another production sharing agreement with Equatorial Guinea, the new OPEC member. According to Reuters, the production has been signed for the Block EG-11, located offshore Equatorial Guinea. Data found on Exxon''s website shows the company is already largest oil producer in the country. It operates Block B, located offshore …
At Punta Europa, where most of Equatorial Guinea''s gas and energy activities are currently located, the country is building a modular refinery, storage tanks and a methanol-to-derivatives plant.
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 Company of Equatorial Guinea, to support the operation of the region''s Block B asset.
"We want to be the leading energy storage player in the country through large-scale investments in bulk oil and gas infrastructure" stated Edo. GEPetrol is also making great …
Vaalco Energy has received the seal of approval from the government of Equatorial Guinea for the joint operating agreement (JOA). Skip to content. Advertisement ... The first oil is targeted in mid to late 2026. The company previously disclosed its plans to drill the first development well in early 2024. In addition, the U.S. firm, which ...
OSLO, April 4, 2024 – Oslo-listed Panoro Energy has reached an agreement with the government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23, the company announced on Thursday. Block EG-23 is located north of Bioko Island and adjacent to the producing Alba gas and condensate field. It covers a surface of approximately 600 square …
Energy in Equatorial Guinea is an industry with plenty of potential, especially in the fields of oil and natural gas. However, production has been declining in recent years due to under …
TOGY talks to Olivier Quinn, director of Africa and Global New Ventures at Ophir Energy, about the long-term advantages of FLNG technology as well as how Ophir has been able to benefit from a combination of innovation, the lower cost of oil and gas, and the company''s plans for the region. Ophir Energy is an E&P company that is developing the …
Energy system of Equatorial Guinea Electrification rates are relatively high in Equatorial Guinea at 66%. The country began oil production in the late 1990s and began LNG exports in 2007.
Equatorial Guinea has announced plans to develop energy projects worth US$1bn, including two new oil refineries. The first modular refinery would have a capacity of 20,000 bbl/d and transforms crude oil from Zafiro and Aseng fields. The second modular refinery would produce 10,000-20,000 bbl/d and would be located on the mainland in Kogo, with oil …
The government has contracted US company MAECI Solar, in collaboration with GE Power & Water and Princeton Power Systems, to install a 5MW solar microgrid system on …
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetise gas resources through the creation of domestic gas-to-power …
Aptech Africa installed 11 solar systems in 11 different villages of 5kWp, 15kWp, and 20kWp with battery energy storage of 12kWh, 15kWh, and 36kWh respectively. One of the systems is a hybrid system and the rest are standalone systems working alongside a generator and existing grid.
Chevron inks offshore $2 billion exploration, production deal with Equatorial Guinea following multiple oil and gas discoveries . The African Energy Chamber (AEC) announced that Chevron and Equatorial Guinea''s state-owned oil company GEPetrol have signed two production sharing contracts (PSC) for offshore blocks EG-06 and EG-11 in Equatorial …
MALABO, June 24, 2024 – Chevron has signed production-sharing contracts for two blocks offshore Equatorial Guinea, with plans to spend USD 2 billion on their exploration, international media reported on Monday. Blocks EG-06 and EG-11 were previously held by ExxonMobil.. Chevron signed the PSCs with Equatorial Guinea''s Ministry of Mines and Hydrocarbons and is …
LAGOS, August 16, 2024 – Nigeria and Equatorial Guinea have signed an agreement to build and operate a 200-kilometre gas pipeline between the two countries, Nigeria''s presidential spokesperson Ajuri Ngelale announced on Thursday. The pipeline, named the Gulf of Guinea Gas Pipeline, entails an investment of USD 2.5-billion and will transfer gas from Nigeria to …
Noble Energy, Inc. announced that the Plan of Development for the Alen condensate/gas-recycling project has been approved by the Ministry of Mines, Industry, and Energy of the Republic of Equatorial Guinea. Noble Energy''s board of directors sanctioned the project in December 2010, followed closely by the approval of all partners. Formerly known as …
Vaalco has been a partner in the Venus discovery in Equatorial Guinea since 2012, and long-running discussions on developing this field have most often pointed to a floating production, storage ...
Equatorial Guinea''s Ministry of Mines and Hydrocarbons (MMH) has announced the adoption of the new Regulation of Petroleum Operations Regulation, Regulation No 2/2020 of 15 June 2020. The new regulation modernises Equatorial Guinea''s existing regulatory framework and is intended to maintain the country''s attractiveness for foreign investors.
Equatorial Guinea | Energy Finance & Investment. Market analysis of the energy market in Equatorial Guinea. Find aggregated data relative to energy projects, market players, latest updates and third-party market reports. Energy Storage. 4 days ago. Hydrogen. 12 days ago. Oil-fired. 22 April 2024. O&G Upstream. 22 April 2024. Companies. 0.
ECP, in partnership with the Ministry of Mines and Hydrocarbons, announced the launch of its Africa Energy Series: Equatorial Guinea 2021 campaign – comprising a report …
Marathon Oil Corp. (NYSE: MRO) and its partners have executed a heads of agreement with Equatorial Guinea and necessary third parties establishing the framework for processing third-party natural gas volumes through the Alba Plant LLC''s liquefied petroleum gas processing plant and the EG LNG production facility, a news release said. Marathon Oil, through its wholly …
Guinea: Energy intensity: how much energy does it use per unit of GDP? Click to open interactive version. Energy is a large contributor to CO 2 – the burning of fossil fuels accounts for around three-quarters of global greenhouse gas emissions. So, reducing energy consumption can inevitably help to reduce emissions.
The company signed an exploration agreement in 2013. It has described Equatorial Guinea as "core" to its strategy. RoyalGate had talked of a plan to drill the Z-1 well.
The project''s joint operators are Vaalco Energy (60%), Equatorial Guinea''s national oil company GEPetrol (20%) and Nigerian oil and gas company Petroleum International (20%).
In 2013, Luba Oil Terminal Equatorial Guinea (LOTEG) increased its gasoil sales to exploration companies for drilling campaigns by more than 200 percent over its 2011 figures, to more than 150,000 tonnes. It is the …
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 …
In 2013, Luba Oil Terminal Equatorial Guinea (LOTEG) increased its gasoil sales to exploration companies for drilling campaigns by more than 200 percent over its 2011 figures, to more than 150,000 tonnes. It is the only distributor of gasoil and lubricants at the Luba Freeport, on Bioko Island, where the company is expanding its storage facilities.
Source: Energy Capital & Power | Nov 29, 2022 Equatorial Guinea, Democratic Republic of the Congo (DRC) to Develop Joint Oil Refinery and Storage Facilities. The two African oil producers inked a critical Memorandum of Understanding during the opening ceremony of the Angola Oil & Gas 2022 Conference & Exhibition
Energy in Equatorial Guinea is an industry with plenty of potential, especially in the fields of oil and natural gas. However, production has been declining in recent years due to under-investment and lack of new discoveries. In 2022, the country produced less than 100,000 barrels of oil per day (bopd) according to OPEC data.
18 Equatorial Guinea Jobs - Job search on Energy Jobline. Process Safety Engineer | FPSO | Risk Assessment | Hazard Analysis | Process safety
Equatorial Guinea''s Ministry of Mines and Hydrocarbons (MMH) has announced the adoption of the new Regulation of Petroleum Operations Regulation, Regulation No 2/2020 of 15 June 2020. The new regulation …
Total energy supply (TES) includes all the energy produced in or imported to a country, minus that which is exported or stored. It represents all the energy required to supply end users in the …
The terminal is scheduled to be constructed at Punta Europa, which is located on the Bioko Island part of Equatorial Guinea in order to service the key oil supply and demand centers throughout West Africa. Uniquely positioned to provide global partners with world-class facilities, the oil terminal will be developed in phases.
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