ExxonMobil, Taleveras, Ophir Win Oil Blocks In Equatorial Guinea
Equatorial Guinea’s Minister of Mines and Hydrocarbons, Gabriel Obiag-Lima made the announcement at the African Oil and Gas Conference in Cape Town, South Africa, yesterday.
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Exxon Mobil, in a press statement yesterday, confirmed it has signed its Production Sharing Contract, with Equatorial Guinea for Oil acreage E.G.-11, thereby heading the list of acreage winners in Equatorial Guinea’s latest licensing bidding round.
UK based Ophir Energy won the block EG 24, while Taleveras picked the highly potential EG-07 Oil block and Clonterf Energy landed Block EG-18.
The West African nation’s Ronda 2016 open and competitive bidding round was declared a success by industry analysts and watchers.
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31, 2024 - 20 Hours ago
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