Chinese Banks to Fund Equatorial Guinea’s Fortuna FLNG Project

• Wednesday, 10th May 2017
• by

Britain’s Ophir Energy intends to borrow $1.2b from Chinese banks to fund the development of its Fortuna FLNG export project in Equatorial Guinea, Reuters reported. Ophir Energy’s CEO, Nick Cooper, noted d...

Umbrella Agreement Signed for Equatorial Guinea’s Fortuna FLNG

• Monday, 8th May 2017
• by

Equatorial Guinea’s Fortuna FLNG Project has taken a step further towards its progress as Ophir Energy, OneLNG, and GEPetrol have signed a detailed Umbrella Agreement for Fortuna FLNG that covers the full legal and fi...

S Sudan, Equatorial Guinea Sign Petroleum MoC

• Tuesday, 21st March 2017
• by

South Sudan signed a Memorandum of Cooperation (MoC) with Equatorial Guinea to regulate the oil and gas relationships between the two African countries, World Oil reported. According to Premium Times, the MoC was sign...

Partners of Cameroon’s Etinde Offshore Permit Mull Offtake

• Thursday, 26th January 2017
• by Dr. Mahinaz El-Baz

Partners on the Etinde permit offshore Cameroon are now considering offtake to existing facilities in Equatorial Guinea as a new possible solution, Offshore Engineer reported. Following a recent meeting with Cameroon’...

Guinea Awaits Decision on OPEC Membership Bid

• Thursday, 26th January 2017
• by Editorial Team

The Ministry of Mines and Hydrocarbons of Equatorial Guinea has announced that it has submitted its interest to join the Organization of Petroleum Exporting Countries (OPEC) in 2017, World Oil reported. If Equatorial ...

Fortuna FLNG to Reach FID in 2017

• Sunday, 15th January 2017
• by Editorial Team

London-based Ophir Energy said its Fortuna FLNG project in Equatorial Guinea is “firmly on schedule” for a final investment decision (FID) in the first half of 2017, LNG World News informed. The announcement came in a...

Equatorial Guinea, Sao Tome To Co-Explore for Oil

• Monday, 31st October 2016
• by Egypt Oil & Gas

Equatorial Guinea’s new Ambassador, Paulino Ekobo, said that the country and Sao Tome have resumed talks on planned creation of a partnership for oil exploration in the existing maritime boundary between the two count...