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EQUATORIAL GUINEA

Zafiro: ExxonMobil serves Obiang with an ultimatum

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“The oil companies' quiet retreat from the Gulf of Guinea”

GULF OF GUINEA

The oil companies' quiet retreat from the Gulf of Guinea

Long considered an oil Eldorado thanks to the presence within the region of Africa's two leading oil producers, Nigeria and Angola, the Gulf of Guinea is declining. The inexorable rundown in its output -few if any new discoveries have been made recently in Gabon, Cameroon or Equatorial Guinea - and the fall in oil prices brought about by the Covid-19 pandemic have speeded up the retreat from the region in which the oil majors have been engaged for some years already. [...]

The American major no longer wants to play ball with Malabo and has laid down the terms of its departure. [...] (461 words)

Published on 17/12/2019 at 03:30 GMT Reading time 2 minutes

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Energy

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EQUATORIAL GUINEA
Amjad Bseisu
EnQuest
ExxonMobil
ExxonMobil sets the pace
Gabriel Obiang Lima
Jean-Michel Jacoulot
Petrofac
Simeón Oyono Esono
Susan N. Stevenson
Teodoro Obiang Nguema
Tim O'Hanlon
Trident Energy
Tullow Oil
US diplomacy at work
Warburg Pincus

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EQUATORIAL GUINEA Energy 04/02/2020

Trident counts on French diplomacy to stay in the running for Zafiro

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EQUATORIAL GUINEA Energy 22/10/2019

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Spotlight

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ExxonMobil: why the transfer of its marginal fields could be in jeopardy

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Spotlight

EQUATORIAL GUINEA Energy 08/10/2019

ExxonMobil & Co: Trump worried about Obiang's thirst for oil independence

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Set up email notifications for these topics

EQUATORIAL GUINEA
Amjad Bseisu
EnQuest
ExxonMobil
ExxonMobil sets the pace
Gabriel Obiang Lima
Jean-Michel Jacoulot
Petrofac
Simeón Oyono Esono
Susan N. Stevenson
Teodoro Obiang Nguema
Tim O'Hanlon
Trident Energy
Tullow Oil
US diplomacy at work
Warburg Pincus

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This article may be accessed by subscribers and e-wallet holders (USD 12.50)

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Set up email notifications for these topics

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This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

Create your free account

create a free account

Set up email notifications for these topics

Trident Energy counts on new execs to improve relations with Gabriel Obiang

ExxonMobil's African business slumps

Fourth Sino-Nigerian pair to enter fray for Exxon's Zafiro?

Trident counts on French diplomacy to stay in the running for Zafiro

Zafiro: ExxonMobil reveals top picks to Gabriel Obiang

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ExxonMobil: why the transfer of its marginal fields could be in jeopardy

ExxonMobil & Co: Trump worried about Obiang's thirst for oil independence

Who is willing to take on ExxonMobil's Doba Basin assets?

Trident puts affairs in order to take Zafiro for ExxonMobil

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: