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EQUATORIAL GUINEA

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 [...] (209 words)

Issue dated 04/02/2020

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Energy

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EQUATORIAL GUINEA
ExxonMobil
Gabriel Obiang Lima
Gazpromneft
Jean-Michel Jacoulot
Lukoil
Marathon Oil
Olivier Brochenin
Teodorin Obiang Nguema
Teodoro Obiang Nguema
Trident Energy
Warburg Pincus

Paris, Malabo hold secret talks over Paris mansion in wake of VP's ill-gotten gains conviction

The building on the posh Avenue Foch has been earmarked for confiscation since France's top court upheld Teodorin Nguema Obiang Mangue's conviction on embezzlement and money laundering charges in July. The saga is straining already tense relations with Equatorial Guinea.

The building at 42 avenue Foch, in Paris, is under a seizure order opposed by Equatorial Guinea.

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EQUATORIAL GUINEA Energy 04/03/2021

Oil minister Obiang offers Trident glimmer of hope for Zafiro

The long-running Zafiro saga has taken yet another twist. ExxonMobil, which currently operates Equatorial Guinea's largest oilfield and is itching to ditch it, is growing impatient.

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.

EQUATORIAL GUINEA Energy 21/08/2020

Why oil minister Gabriel Obiang is furious about PM Obama Asue's reappointment

The reappointment of Obama Asue as prime minister following the resignation of the government is a new demonstration of the growing power of vice president and president in waiting Obiang Nguema.

Equatorial Guinean prime minister Francisco Pascual Obama Asue.

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

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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 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 21/01/2020

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.

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.

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.

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EQUATORIAL GUINEA Energy 30/04/2019

Set up email notifications for these topics

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Gabriel Obiang Lima
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Marathon Oil
Olivier Brochenin
Teodorin Obiang Nguema
Teodoro Obiang Nguema
Trident Energy
Warburg Pincus

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