Middle East / Africa

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Country summary: Equatorial Guinea

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Equatorial Guinea - recent news

02 Dec 24
Panoro Energy – Equatorial Guinea operations update: Akeng Deep result and second infill well onstream
Panoro Energy has confirmed that drilling of the S-6 ('Akeng Deep') exploration well at Block S offshore Equatorial Guinea has concluded. The well did not result in a commercial discovery. At Block G, first oil from the Okume infill well was achieved mid-November with production ramp-up ongoing.
13 Nov 24
Equatorial Guinea: Panoro Energy signs PSC for Block EG-23 offshore Equatorial Guinea
Panoro Energy has finalised terms and signed a Production Sharing Contract with the Government of Equatorial Guinea for offshore Block EG-23. Panoro now holds an 80 per cent participating interest and operatorship of Block EG-23. It is partnered by GEPetrol, which holds a 20 per cent participating interest.
01 Nov 24
Equatorial Guinea: Trident Energy reports the Block G infill well is now onstream
Trident Equatorial Guinea, as operator of Block G, has announced the C-45 infill well is successfully producing since it first came online on 15th of October and has a current rate in excess of 5,000 barrels per day, as per pre-drill expectations. It will continue to ramp up production to reach its full potential.
08 Oct 24
Equatorial Guinea: Petrofac strengthens position in Equatorial Guinea supporting Marathon Oil with Master Service Agreement
Petrofac confirms further growth in Africa, with a new Master Service Agreement award, supporting Marathon Oil in Equatorial Guinea. Under the agreement Petrofac will provide technical and engineering support for key onshore and offshore assets: including five offshore steel jacket facilities in the Alba Field and the Alba Gas Plant onshore.
24 Jul 24
Equatorial Guinea: GEPetrol assumes operatorship of Block B, targets multi-phase development at Zafiro
Equatorial Guinea’s national oil company GEPetrol has outlined a multi-phase development plan for the Zafiro field, located in Block B. The company will work towards increasing the flow of production at the field, leveraging its newfound position as operator of the block to bolster production and support economic growth.

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