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EQUATORIAL GUINEA SECTION

Since 1992

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Oil 13/06/2017

Who are the new kids on the offshore block?

Out of the seven new offshore permits granted by the Equatorial Guinean government to foreign firms in early June (see [...] [...]

Corridors of power 13/06/2017

Total and Lukoil GIVEN preferential treatment for Ronda 2016

As we announced (AEI 794), Equatorial Guinea’s minister of oil, [...] [...]

Corridors of power 13/06/2017

OneLNG, a SECURE ally for Gabriel Obiang’s gas ambitions

Jeff Goodrich, the CEO of OneLNG (JV between Schlumberger and [...] [...]

Breaking news 05/06/2017

Exclusive: ExxonMobil to pick up new offshore block

According to our sources, Equatorial Guinea's minister of oil and mines, Gabriel Obiang Lima is expected to announce within the [...] [...]

Spotlight Oil 30/05/2017

Oil minister Gabriel Obiang prepares to go into battle against Teodorin, the heir

Equatorial Guinea’s oil minister Gabriel Obiang Lima has managed to dodge a number of spanners thrown his way by his half-brother, vice president Teodorin Obiang Nguema, and build up a squad of leading technical and political names to help him [...] [...]

Oil 30/05/2017

Gabriel Obiang on charm offensive in Riyad

The oil minister has tried to tickle Saudi authorities’ fancy with several projects Malabo is struggling to find partners for. [...] [...]

Oil 16/05/2017

OPEC: Gabriel Obiang continues charm offensive in Jeddah Free

After making its first move to enter OPEC during the 4th Arab-African summit organized in Malabo in November (AEI 787) [...] [...]

Gas 16/05/2017

Ophir bows down to Sonagas over Fortuna

The lengthy talks over Fortuna’s FLNG project are at last about to be approved by a final investment decision. At what cost for Ophir? [...] [...]

Power brokers 02/05/2017

Gabriel Obiang’s oil plans still thwarted by his vice-president brother

The call for tenders under which several dozen offshore blocks are currently being offered up by Equatorial Guinea’s oil and [...] [...]

Corridors of power 11/04/2017

President Obiang takes Nyusi under his wing

The Equatorial Guinea administration is keen to establish strategic ties [...] [...]

BUSINESSMEN 28/03/2017

Gabriel Lima goes all out on oil diplomacy

As we announced, Equatorial Guinean president Gabriel Obiang Lima signed an assistance memorandum of understanding in the oil sector with [...] [...]

Breaking News 21/03/2017

Hollande gives Obiang a lesson in law

The Equatorial Guinean authorities have a long way to go before they can claim to understand the ins and out [...] [...]

Breaking News 20/03/2017

Gabriel Obiang Lima seals oil alliance with Juba

According to our sources, Equatorial Guinea president Gabriel Obiang Lima is expected to sign an assistance memorandum of understanding (MoU) [...] [...]

CORRIDORS OF POWER 15/03/2017

Leader’s son, Teodorin, faces a €1.8 million wage bill

A former adviser to Teodoro Obiang Nguema, aka Teodorin, is demanding a heavy indemnity from his former boss. [...] [...]

Gas 14/03/2017

Etinde gas poses geopolitical teaser

Cameroon wants to process gas from the Etinde field in Equatorial Guinea but field operator New Age does not agree. [...] [...]

BUSINESSMEN 14/03/2017

Juan Antonio Ndong Ondo (Sonagas) pressures Ophir over Fortuna

According to our sources, Juan Antonio Ndong Ondo, head of Equatorial Guinean state gas company Sonagas is negotiating hard with [...] [...]

Oil 28/02/2017

Despite Teodorin’s pitfalls Gabriel Obiang likes majors

A bidding round is attracting a lot of big companies despite repeated attempts by the vice president to sabotage the process. [...] [...]

BUSINESSMEN 28/02/2017

Game over for Daniel Hogan and PanAtlantic

The American firm PanAtlantic headed by Daniel Hogan received a letter from Equatorial Guinea’s oil ministry in early February that [...] [...]

POWER BROKERS 15/02/2017

Severo Moto wants to make Obiang tremble

While putting the final touches to a book retracing his political struggle, Severo Moto, 71 intends to keep up the [...] [...]

Oil 14/02/2017

Why Gabriel Obiang appears so determined to join OPEC

For some months now Equatorial Guinea’s oil minister, Gabriel Obiang Lima - who’s also the son of president Teodoro Obiang [...] [...]

Gas 31/01/2017

Ophir haggling with Malabo over tax rate for Fortuna field

Over two years behind schedule, the government needs to reach an agreement with the junior on the fiscal terms of developing the gas field. [...] [...]

Gas 17/01/2017

Marathon stands up to Gabriel Obiang on EG LNG

Claiming its reserves are inadequate, the American oil company wants other sources of gas for its liquefaction plant. But these are reserved for other projects. [...] [...]

PALACE WHISPERS 04/01/2017

Obiang continues to fly French

The deterioration of relations between Paris and Malabo since the [...] [...]

PALACE WHISPERS 14/12/2016

Obiang pops the champagne

After the International Court of Justice (ICJ) recognized the diplomatic [...] [...]

CORRIDORS OF POWER 30/11/2016

Teodoro’s troublesome and boundless taste for luxury

French investigations into "ill-gotten gains" have done nothing to stem the prodigal excesses of the president’s favourite son. [...] [...]

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