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EQUATORIAL GUINEA SECTION

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Oil 26/09/2017

Two majors clambering to buy Hess

After failing to secure a deal with Indian major ONGC, Hess is hotfooting the sale of its assets. [...]

Corridors of power 26/09/2017

Teodoro Obiang's gas diplomacy at play in Burkina Faso

Always seeking more influence across the continent, Equatorial Guinean president [...]

Oil 12/09/2017

Total pays top dollar for Teodorin's "ill-gotten gains" Free

The French major is paying a double penalty for the probe launched by France against the country's vice president, accused of diverting public funds for private purposes. [...]

Breaking news 05/09/2017

Why the French tax authorities were merciful towards "Teodorin"

In opting to exonerate Teodoro Obiang Nguema Mangue ("Teodorin"), son of Equatorial Guinean president Teodoro Obiang Nguema, from having to [...]

Gas 29/08/2017

Gunvor puts up fight to win Fortuna shipments

On the eve of Ophir's signature of the final investment decision over Fortuna, several leading companies are battling to secure the liquefied gas sale contract. [...]

Oil 29/08/2017

First lady picks out pals to govern oil sector

The oil minister and son of the president is having to put up with members of his mother-in-law's clan as she works to promote her own son, Teodoro. [...]

Breaking news Document 21/08/2017

"Teodorin" gifted €1.6 million by the French tax authorities

Teodoro Obiang Nguema Mangue, who has been under judicial fire since the opening of the "ill-gotten gains" trial in Paris [...]

Oil 25/07/2017

Taleveras preparing to negotiate conditions for its new block

According to our sources, Nigerian firm Taleveras' boss, Igho Sanomi, [...]

Breaking news 12/07/2017

"Teodorin" lets the nation pay his interior decorator!

Equatorial Guinean vice president Teodoro Obiang Nguema Mangue, also known as "Teodorin", who saw his property confiscated by the French [...]

Corridors of power 11/07/2017

Total frustrated by ‘Ill-gotten gains' case

French major Total has been in talks over a block [...]

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. [...]

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 [...]

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