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EQUATORIAL GUINEA

Zafiro: ExxonMobil reveals top picks to Gabriel Obiang

The American major has shortlisted three firms for the project to take over the country's largest oil field. [...] (453 words)

Issue dated 21/01/2020 Reading time 2 minutes

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Energy

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EQUATORIAL GUINEA
Amjad Bseisu
EGLNG
EnQuest
ExxonMobil
Gabriel Obiang Lima
Gazpromneft
Jean-Michel Jacoulot
Lukoil
Marathon Oil
Noble Energy
Petrofac
Those snubbed
Total
Trident Energy
Warburg Pincus
Win over the shareholders

Vaalco eyes Chevron and ExxonMobil's assets

Boosted by strong financial results, US junior Vaalco Energy has plans for new acquisitions, and has its sights set on fields operated by oil majors ExxonMobil and Chevron in Equatorial Guinea.

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LIBYA Energy 15/06/2021

Total has eyes fixed on Hess's Waha concession

French major Total is currently in advanced negotiations with the US oil company over its Libyan concession, but Tripoli could yet scupper the process. CEO Pouyanné is aiming for other concessions in Libya, home to Africa's largest oil reserves and where oil is very light.

Spotlight

EQUATORIAL GUINEA Energy 16/12/2020

Teodorin's latest ploy to acquire Zafiro from ExxonMobil

Malabo is being very creative in its efforts to get hold of the country's largest oil field, which the American major ExxonMobil is very keen to ditch.

Chevron Energy CEO Jean-Michel Jacoulot. © Chevron Energy

Spotlight

EQUATORIAL GUINEA Energy 19/08/2020

Will Chevron wreck secret deal on Zafiro between Noble and Trident?

Trident had finally managed to find a partner for the ExxonMobil deposit that was acceptable to the oil ministry, but all its efforts could turn out be in vain. The US giant Chevron's entry into the equation may ruin everything.

FPSO on the Equatorial Guinean Zafiro oilfield, 71% owned by ExxonMobil. © Carey Akin/CC BY-SA 2.0

Spotlight

EQUATORIAL GUINEA Energy 17/06/2020

Covid-19 fails to dampen ExxonMobil's push on Zafiro sale

One Africa's largest oil assets on sale is still getting the phones ringing and conference calls buzzing in the American oil major's headquarters in Texas.

EQUATORIAL GUINEA Energy 18/05/2020

Marathon, Exxon, Noble and Trident furious at oil minister Gabriel Obiang

By suspending the renewal of visas for expatriates present on Equatorial Guinean soil for three years while at the same time extending exploration contracts, the mines and hydrocarbons minister Gabriel Obiang is sending out highly conflicting signals to the oil companies.

Equatorial Guinea's Oil Minister Gabriel Obiang.

Spotlight

CONGO Energy 23/04/2020

How Perenco and oil supremo Gokana scuppered Total's offer on the much-coveted Kombi, Likalala and Libondo II oilfields

The family-run junior oil company Perenco has shut out the competition by bringing out the big guns to win the contract for the Kombi, Likalala and Libondo II fields, with former SNPC boss Denis Gokana lending a helping hand.

EQUATORIAL GUINEA Energy 03/03/2020

Why is Marathon so keen for ExxonMobil's Zafiro?

Going against its strategy to solely concentrate on its shale oil and shale gas assets in the US, Marathon Oil has headed back to Malabo. Here's why.

Equatorial Guinea's Oil Minister Gabriel Obiang Lima. © Reuters

Spotlight

EQUATORIAL GUINEA Energy 03/03/2020

Gabriel Obiang Lima: an oil minister and his overbearing entourage

Equatorial Guinea's petroleum minister Gabriel Obiang Lima, son to the man in power of the country since 1979, President Teodoro Obiang Nguema, has been able to seat his own influence through members of his family.

EQUATORIAL GUINEA Energy 04/02/2020

Robert McClure spearheading ExxonMobil's departure from Zafiro

At ExxonMobil everyone calls him Bob. Robert McClure has been chosen to handle the sale of the giant Equatorial Guinean

EQUATORIAL GUINEA Energy 04/02/2020

Marathon in full seduction mode to nail down Zafiro win

Marathon Oil boss Lee Tillman's trip to Malabo on 22 January may have been common knowledge but what he discussed

EQUATORIAL GUINEA Energy 04/02/2020

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

Trident Energy, the company headed by French national Jean-Michel Jacoulot, has not lost sight of its goal to expand its

LIBYA Energy 17/12/2019

Waha: Sanalla (NOC)/Pouyanné (Total) saga ends with writing of a check

They were all snapped on the reconciliation photo on December 10 at NOC's headquarters in Tripoli: the president of the

EQUATORIAL GUINEA Energy 17/12/2019

Zafiro: ExxonMobil serves Obiang with an ultimatum

The American major no longer wants to play ball with Malabo and has laid down the terms of its departure.

EQUATORIAL GUINEA Energy 22/10/2019

Zafiro: who is in talks with Exxon after Trident's failure?

The country's largest field has caught the attention of several oil and gas firms, one of which has been wanting to make its first move on the continent for years.

CHAD Energy 24/09/2019

Gloves off for Glencore's producing assets

According to our sources, the Warburg Pincus-backed Trident Energy is keen to get its hands on the Mangara and Badila

Spotlight

EQUATORIAL GUINEA LIBYA Energy 27/08/2019

Total and Trident Energy victims of pro-Marathon/Exxon political networks

The drawn-out talks between Total and the Libyan state over the French major's purchase of Marathon Oil's shares in the Waha concession and the interminable negotiations between ExxonMobil and Trident Energy over Zafiro show just how much sway certain political

Spotlight

EQUATORIAL GUINEA Energy 23/07/2019

Teodorin Obiang liability sends oil firms packing

Equatorial Guinea's minister of mines, industry and energy Gabriel Obiang Lima is finding it hard to secure takers for the 25 new offshore blocks as oil firms loose trust in the stability of the regime.

EQUATORIAL GUINEA Energy 30/04/2019

Licensing round puts American monopoly on shaky ground Free

With the country in the grips of a harsh recession, Malabo has little choice but to diversify its oil and gas investors, the vast majority of which are based in Texas.

Spotlight

EQUATORIAL GUINEA Energy 30/04/2019

Set up email notifications for these topics

EQUATORIAL GUINEA
Amjad Bseisu
EGLNG
EnQuest
ExxonMobil
Gabriel Obiang Lima
Gazpromneft
Jean-Michel Jacoulot
Lukoil
Marathon Oil
Noble Energy
Petrofac
Those snubbed
Total
Trident Energy
Warburg Pincus
Win over the shareholders

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

Zafiro: ExxonMobil reveals top picks to Gabriel Obiang

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Vaalco eyes Chevron and ExxonMobil's assets

Total has eyes fixed on Hess's Waha concession

Teodorin's latest ploy to acquire Zafiro from ExxonMobil

Will Chevron wreck secret deal on Zafiro between Noble and Trident?

Covid-19 fails to dampen ExxonMobil's push on Zafiro sale

Marathon, Exxon, Noble and Trident furious at oil minister Gabriel Obiang

How Perenco and oil supremo Gokana scuppered Total's offer on the much-coveted Kombi, Likalala and Libondo II oilfields

Why is Marathon so keen for ExxonMobil's Zafiro?

Gabriel Obiang Lima: an oil minister and his overbearing entourage

Robert McClure spearheading ExxonMobil's departure from Zafiro

Marathon in full seduction mode to nail down Zafiro win

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

Waha: Sanalla (NOC)/Pouyanné (Total) saga ends with writing of a check

Zafiro: ExxonMobil serves Obiang with an ultimatum

Zafiro: who is in talks with Exxon after Trident's failure?

Gloves off for Glencore's producing assets

Total and Trident Energy victims of pro-Marathon/Exxon political networks

Teodorin Obiang liability sends oil firms packing

Licensing round puts American monopoly on shaky ground Free

Tullow Oil comes to Trident's rescue to buy Zafiro

Why Teodorin could block Trident's bid for Zafiro with ExxonMobil?

Marathon sells its assets to Total bit by bit

Guy Maurice (Total) in tough deal with Gabriel Obiang

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Zafiro: ExxonMobil reveals top picks to Gabriel Obiang

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

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Vaalco eyes Chevron and ExxonMobil's assets

Total has eyes fixed on Hess's Waha concession

Teodorin's latest ploy to acquire Zafiro from ExxonMobil

Will Chevron wreck secret deal on Zafiro between Noble and Trident?

Covid-19 fails to dampen ExxonMobil's push on Zafiro sale

Marathon, Exxon, Noble and Trident furious at oil minister Gabriel Obiang

How Perenco and oil supremo Gokana scuppered Total's offer on the much-coveted Kombi, Likalala and Libondo II oilfields

Why is Marathon so keen for ExxonMobil's Zafiro?

Gabriel Obiang Lima: an oil minister and his overbearing entourage

Robert McClure spearheading ExxonMobil's departure from Zafiro

Marathon in full seduction mode to nail down Zafiro win

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

Waha: Sanalla (NOC)/Pouyanné (Total) saga ends with writing of a check

Zafiro: ExxonMobil serves Obiang with an ultimatum

Zafiro: who is in talks with Exxon after Trident's failure?

Gloves off for Glencore's producing assets

Total and Trident Energy victims of pro-Marathon/Exxon political networks

Teodorin Obiang liability sends oil firms packing

Licensing round puts American monopoly on shaky ground Free

Tullow Oil comes to Trident's rescue to buy Zafiro

Why Teodorin could block Trident's bid for Zafiro with ExxonMobil?

Marathon sells its assets to Total bit by bit

Guy Maurice (Total) in tough deal with Gabriel Obiang

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: