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Luba Oil Terminal Equatorial Guinea

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.

Russian power creeps across West Africa with

1 天前· U.S. energy firms including Exxon Mobil Corp and Marathon invested billions of dollars in Equatorial Guinea in the 2000s, when the Gulf of Guinea was seen as crucial to meet U.S. energy demand.

Ministry optimistic on energy targets – The Times Group

Escom gets $20.2 million for energy storage system. July 21, 2023. Latest News. Central bank urged to relook Forex auction. The Ministry of Energy has expressed optimism on chances of connecting more people to the national electricity grid. The Times Group is a multi-award winning media group and the only 360 media house in Malawi

Hub potential in Equatorial Guinea

Nabil Beers, managing director of Akon Logistics Management, talks to TOGY about challenges and opportunities in Equatorial Guinea''s logistics sector, how the tendering process could be improved and how differing interpretations of the law create challenges. Akon''s core business consists of logistics, freight forwarding and Customs brokerage services, and it

Chevron''s Entry into Cameroon and Equatorial Guinea Could be a

The recently-announced acquisition of Noble Energy by Chevron for $13 billion gives the American major an entry into Equatorial Guinea''s oil and gas sector, where Noble Energy has interests in the Alba Field (33% non-operated WI and 32% revenue interest), Block O (Alen Field 51% operated WI and 45% revenue interest) and Block I (Aseng Field, 40%

Equatorial Guinea''s FLNG plan

Simon Smith, asset manager for Equatorial Guinea at Ophir Energy, speaks to TOGY about the long-term advantages of FLNG technology. but the total demand requested under the HoAs has seen the offtake sold several times over. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena

Vaalco gets green light in Equatorial Guinea block

HOUSTON, March 26, 2024 – Houston-based Vaalco Energy has received final approval from the government of Equatorial Guinea for its Venus plan of development in offshore Block P, the company announced on Monday. All partners have signed the final documents and Vaalco will soon proceed with a FEED study prior to taking the FID that will lead to the execution of its

Equatorial Guinea announces US$1bn of energy projects

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

FCB Nyasa Big Bullets leave today for Equatorial Guinea

Escom gets $20.2 million for energy storage system. July 21, 2023. Latest News. Central bank urged to relook Forex auction FCB Nyasa Big Bullets are scheduled to leave the country this afternoon for Equatorial Guinea where they will take on Dragon FC in a Caf Champions League preliminary The Times Group is a multi-award winning media

Nigeria, Equatorial Guinea sign $2.5-billion pipeline deal

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

Luba Oil Terminal Equatorial Guinea: A Preferred Supplier

Luba Oil Terminal Equatorial Guinea (LOTEG) is seeking to expand fuel storage services to the mainland and neighboring countries via two new projects underway and the construction of gas stations in the city of Malabo. Energy Capital & Power spoke to LOTEG Director General Pergentino Mba Nguema Alene about the impact of COVID-19 on the

Opportunities and Investors in Equatorial Guinea

Nathalie Lum, a senior partner at M&L Consulting, speaks to TOGY about investment opportunities and hindrances in Equatorial Guinea. M&L Consulting is a consulting and marketing company with services in information and technology infrastructure as well as energy. Clients have included state-owned gas company Sonagas.

Equatorial Guinea Calls for Balanced, Diversified Energy Matrices

H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, spoke on the importance of African countries harnessing the full extent of their natural resources, in his new role as rotating president of OPEC and the GECF. Equatorial Guinea Calls for Balanced, Diversified Energy Matrices at Invest in African Energy

Trident Energy Kicks Off Drilling Campaign in Equatorial Guinea

The independent oil and gas producer is one of several companies that will be featured in the upcoming Africa Energy Series: Equatorial Guinea 2021 investment report, produced by Energy Capital & Power. Share This Article. Industry Insights. The technical storage or access that is used exclusively for anonymous statistical purposes. Without

The "After Exxon" Begins New Oil and Gas Chapter for Equatorial Guinea

By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to leave when its licenses expired. The departure of the American giant marks the close of a significant chapter in ourCountry''s

Understanding Warehousing and Logistics Standards in Equatorial Guinea

9 小时之前· Understanding the trends and challenges in this vital industry is key for businesses looking to thrive in Equatorial Guinea''s evolving trade landscape. 646 666 9601 [email protected] Services. Regulatory Framework for Storage Facilities. In Equatorial Guinea, the regulatory framework overseeing storage facilities is primarily designed to

Equatorial Guinea

While Equatorial Guinea continues to seek foreign direct investment in several of its capital-intensive energy and petrochemicals projects through its 2020 Year of Investment campaign, the country is simultaneously prioritizing the procurement of local goods and services and the stimulation of local jobs.

Equatorial Guinea: Energy System Overview

About GEO. GEO is a set of free interactive databases and tools built collaboratively by people like you. GOAL: to promote an understanding, on a global scale, of the dynamics of change in energy systems, quantify emissions and their impacts, and accelerate the transition to carbon-neutral, environmentally benign energy systems while providing affordable energy to all.

Price impact in Equatorial Guinea

Pablo Beka Esono, country representative at Somagec GE, talks to TOGY about how the company was able to weather the economic downturn through diversification, Equatorial Guinea''s logistics infrastructure and how that can help boost the domestic economy. Somagec is a civil engineering firm concentrating on maritime projects such as port infrastructure.

Equatorial Guinea

The investment climate in Equatorial Guinea reflects a lack of clear rules and regulations to establish and run a business, a lack of investment in critical infrastructure like power generation, and a lack of follow-through on high-level commitments to economic diversification or increased transparency. met several times during the year

Equatorial Guinea''s FLNG development

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

Marathon Oil signs LNG sales deal in Equatorial Guinea

MALABO, October 18, 2023 – Marathon Oil Corporation has entered into a five-year LNG sales agreement with global commodities company Glencore for a portion of gas produced at the Alba field in Equatorial Guinea, the American energy company announced on Monday. The deal will be effective starting on January 1, 2024, and is expected to raise the company''s year-on-year

Energy Capital & Power / Press release | Equatorial Guinea,

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

Noble Energy Makes New Equatorial Guinea Petroleum Discovery

Minister Obiang Lima alongside Antonio Oburu, General Director of Equatorial Guinea''s national oil company GEPetrol, will lead a delegation of companies active in Equatorial Guinea to the Africa Oil & Power Conference and Exhibition in Cape Town, South Africa on October 9-11, 2019. Joining the minister will be BANGE, Centurion Law Group

Who Pressed Pause? How Stalled Negotiations Can

Will Equatorial Guinea fulfil its promise as a gas "mega hub," or will stalled negotiations turn what should be a national economic boon into a missed opportunity? The answer depends largely on how quickly the country

Equatorial Guinea

Equatorial Guinea, officially the Republic of Equatorial Guinea, is a country on the west coast of Central Africa, with an area of 28,000 square kilometres (11,000 sq mi). (2009–2016) since the new constitution limited the number of terms to two and he has been reelected at least 4 times. Obiang answered he refused to step aside because

Exxon''s exit marks reversal of fortune for Equatorial Guinea

Equatorial Guinea wanted a foreign company to take over the assets from Exxon and has been wooing international oil companies including Eni, the Italian producer, and several Nigerian companies...

ExxonMobil Divests Equatorial Guinea Assets

American multinational oil and gas corporation ExxonMobil will exit Equatorial Guinea in the coming months, with plans to transfer its investments to the government in Q2, 2024. The decision to withdraw from the country aligns with the company''s long-term strategy, ExxonMobil said in a statement, marking an end to almost three decades of

Equatorial Guinea: Attaining Long-Term Energy Security

Pictured: Juan Lupercio Nsibi Omogo, Director General of Sociedad Eléctrica de Guinea Ecuatorial. Juan Lupercio Nsibi Omogo, Director General of Sociedad Eléctrica de Guinea Ecuatorial (SEGESA), talks to ECP about targeting enhanced energy security in Equatorial Guinea, as power demand is expected to grow by 10-12% per year to supply new users and

Equatorial Guinea, DRC to Develop Joint Oil Refinery and Storage

Available in Portuguese.. Equatorial Guinea''s Ministry of Mines and Hydrocarbons and the Democratic Republic of the Congo''s Ministry of Hydrocarbons signed a Memorandum of Understanding (MoU) on Tuesday at the Angola Oil & Gas (AOG) 2022 Conference & Exhibition, to develop existing synergies across their respective upstream,

Gabon, then Equatorial Guinea, to drive Panoro growth in 2023

Gabon will drive Panoro Energy''s growth plans this year, while Equatorial Guinea will begin to reclaim ground in 2024. The company reported a record 2022, with revenues of around $188 million.

The "After Exxon" Begins New Oil and Gas Chapter for Equatorial Guinea

By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea. ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to leave when its licenses expired. The departure of the American giant marks the close of a significant chapter in our

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