Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Angola set to attract even more foreign direct investment (FDI) in 2020

Angola Oil & Gas Conference & Exhibition returns to Talatona June 16-17, 2020

Africa Oil & Power supports Angola with year-long FDI campaign in 2020 to promote capital inflow into bankable projects; Angola Oil & Gas Conference & Exhibition (AngolaOilAndGas2020.com) returns to Talatona June 16-17, 2020; “Angola: African Investment Capital 2020” will capitalize further on the critical reforms passed by Angola President H.E. President João…

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    • 5TH Gas Exporting Countries Forum (GECF) Heads of State Summit Launches Declaration of Malabo (1)
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Source: Africa Oil & Power Conference |

5TH Gas Exporting Countries Forum (GECF) Heads of State Summit Launches Declaration of Malabo

The Declaration outlines the way in which GECF member countries can cooperate to secure a long-term and sustainable energy transition

The Declaration of Malabo was published as the outcome of the Gas Exporting Countries Forum (GECF) 5th Heads of State Summit on Friday; The declaration was presented by H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, and H.E. Yury Senturyin, Secretary General of the GECF; The Declaration…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Algeria’s Sonelgaz and Equatorial Guinea’s Sonagas sign a Cooperation Agreement in the Gas Sector

Equatorial Guinea is currently developing its Gas Megahub project which aims to make the country a regional hub for gas distribution

The Memorandum of Understanding covers the regulatory framework for the gas sector, the transport and distribution of gas through pipelines, the supply and installation of gas meters and all other areas of the energy sector of mutual interest; the Algerian government is focused on strengthening the role of its gas…

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    • Equatorial Guinea launches First Ever Corporate Social Responsibility Book
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Source: Africa Oil & Power Conference |

Equatorial Guinea launches First Ever Corporate Social Responsibility Book

The book was distributed during the 2nd Gas Exporting Countries Forum International Gas Seminar

The publication highlights key achievements in corporate social responsibility projects within Equatorial Guinea’s oil and gas sector; notable projects include the Bioko Island Malaria Elimination Project, Bioko Biodiversity Protection Program and former Program for Education Development of Equatorial Guinea; the book was distributed during the 2nd Gas Exporting Countries Forum…

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    • Equatorial Guinea Announces $1 Billion in Projects for ‘Year of Investment 2020’ (1)
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Source: Africa Oil & Power Conference |

Equatorial Guinea Announces $1 Billion in Projects for ‘Year of Investment 2020’

The projects were announced during a press conference at the 2nd Gas Exporting Countries Forum International Gas Seminar on Wednesday

Minister of Mines and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima revealed several capital-intensive projects as part of Equatorial Guinea’s upcoming 2020 Year of Investment initiative; Notable projects open for investment include the construction of three in-country oil refineries, liquefied petroleum gas strategic tanks, a Urea plant and the expansion of a…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Africa to Double Natural Gas Production by 2040, Global Consumption to Double by 2050

Africa will contribute as much as 9.2% to global natural gas production by 2040

Natural gas growth prospects were outlined during the 2nd Gas Exporting Countries Forum (GECF) International Gas Seminar on Wednesday; Opening addresses were delivered by H.E. Yury Sentyurin, Secretary General of the GECF; H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea; and H.E. María Coloma Edjang…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Equatorial Guinea Announces Winners of EG Ronda 2019 Bidding Round

The announcement took place during the Gas Exporting Countries Forum 5th Heads of State Summit currently being held in Malabo (November 26-29)

The Ministry of Mines and Hydrocarbons announced the winners of Equatorial Guinea’s oil, gas and mining concessions on Tuesday; Block E G-27 was awarded to Lukoil and GEPetrol and Block EG-09 was awarded to Noble Energy and Gepetrol; The announcement took place during the Gas Exporting Countries Forum 5th Heads…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Equatorial Guinea Launches ‘Year of Investment 2020’ Campaign

Underpinning the campaign are three national events, including Africa Oil & Investment Forum & Exhibition, April 1-3, 2020 in Malabo

Ministry of Mines and Hydrocarbons spearheads yearlong effort to attract foreign direct investment in key sectors; Equatorial Guinea has opened multiple investment-ready projects, including modular refineries, an ammonia plant and a gold smelter; Underpinning the campaign are three national events, including Africa Oil & Investment Forum & Exhibition, April 1-3,…

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    • South Sudan and Egypt sign Landmark Cooperation Agreement at South Sudan Oil & Power 2019 (1)
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South Sudan and Egypt sign Landmark Cooperation Agreement at South Sudan Oil & Power 2019

The country will launch its first ever licensing agreement in the first quarter of 2020 regarding 13 blocks onshore open for tender

South Sudan and Egypt sign a Memorandum of Understanding regarding cooperation in the field of downstream oil and gas, during the 2019 South Sudan Oil & Power Conference; the country will launch its first ever licensing agreement in the first quarter of 2020 regarding 13 blocks onshore open for tender;…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Sudd Petroleum Operating Company (SPOC) Prepares to Ramp Up Production in South Sudan’s Block 5A Concession

South Sudan will launch its first ever bidding and licensing round 2020 at South Sudan Oil & Power (SSOP) 2019

South Sudan is preparing to restart production in various oil fields, including Block 5A operated by Sudd Petroleum Operating Company; A new discovery in the Dar Petroleum Operating Company-operated Adar field will drive investment into the country; Juba will host the third edition of South Sudan Oil & Power (SSOP)…