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October 27, 2017Market Report: Nigeria Pushes Overhaul of Refineries
Nigeria's refineries investment requires an investment of $2 billion.
October 23, 2017Hess Corp. Reaches Tax Settlement With Eq. Guinea
The resolution of tax issues clears the way for Hess’ sale of its interest in the assets to Kosmos Energy.
Kosmos Energy Acquires Hess Assets in Equatorial Guinea
The company also signed three new PSAs with Equatorial Guinea.
October 20, 2017Market Report: Nigeria to Enhance Gas Supply
Nigeria aims to ensure the development of gas infrastructure to enhance gas.
October 16, 2017Ophir to Explore New Eq. Guinea Oil and Gas Acreage
Ophir enters its second oil and gas block in Equatorial Guinea.
August 25, 2017Market Report: Gunvor Named Preferred Buyer for Fortuna FLNG
Nigeria's oil minister disputes cost to produce crude.
August 21, 2017Press Release: Fortuna FLNG Offtake Awarded to Gunvor
The Ministry of Mines and Hydrocarbons of Equatorial Guinea (“MMH”), Ophir Equatorial Guinea (Block R) Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial (“GEPetrol”) have nominated [Gunvor Group Ltd (“Gunvor”)] as its preferred LNG Buyer for offtake from the Fortuna FLNG project. All parties have agreed the principal commercial terms subject […]
May 29, 2017Second FLNG in Sight for Eq. Guinea
Equatorial Guinea looks ahead to a potential second floating LNG facility to bring stranded gas to market.
May 17, 2017Fortuna FLNG
The Fortuna FLNG is a game-changing project for Equatorial Guinea, and is set to become Africa’s first deepwater FLNG project after the partners cleared the way to reach final investment decision by mid-2017. The $2 billion FLNG project, spearheaded by OneLNG (66.2%) and Ophir Energy (33.8%) is on track for first gas in 2020. The […]
May 5, 2017The Buzz: This Week in Africa
Top stories: Ghana power project set for construction; Fortuna FLNG project in Equatorial Guinea reaches agreement