Panoro Energy Expands Equatorial Guinea E&P Portfolio
Independent energy firm Panoro Energy advanced its production portfolio in Equatorial Guinea with a series of drilling activities and a new partnership in November 2024. This month, Panoro Energy brought one of its two infill wells at Ceiba field online and completed one infill well at the Okume Complex.
Equatorial Guinea: Kosmos team returns to Equatorial Guinea as
Kosmos Energy has taken three blocks offshore Equatorial Guinea and a stake in the Ceiba and Okume fields, marking a return for the team that discovered the fields nearly 20 years ago. Kosmos is acquiring Block EG-21, Block S and Block W and the production assets as part of a 50-50 joint venture company with Trident Energy, a new exploration and production company
Equatorial Guinea
Other pages in section Block G (Ceiba Field and Okume Complex) The Ceiba Field and Okume Complex assets comprise six oil fields offshore Equatorial Guinea. The Ceiba Field is located in 600-800 m of water depth on the slope of the southern Rio Muni Basin approximately 35 km offshore. Oil production commenced in November 2000 []
The "After Exxon" Begins New Oil and Gas Chapter for Equatorial Guinea
By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to leave when its licenses expired. The departure of the American giant marks the close of a significant chapter in our Country''s
Warranties for Battery Energy Storage Systems in Developing
Warranties for Battery Energy Storage Systems (BESS) provide mechanisms for buyers and investors to mitigate the technical and operational risks of battery projects, by transferring the risk of defects or performance issues to the manufacturer or the battery vendor. New battery technologies have valuable attributes that are well suited to the needs of developing countries.
Equatorial Guinea MARSRIVA
MARSRIVA - Solar Inverter / Battery / Energy Storage System / UPS System_Light up the world with MARSRIVA products-Solar Inverter, Battery, UPS System.etc. Whenever and wherever you need, choose MARSRIVA and keep the life power on.
Price impact in Equatorial Guinea
Pablo Beka Esono, country representative at Somagec GE, talks to TOGY about how the company was able to weather the economic downturn through diversification, Equatorial Guinea''s logistics infrastructure and how that can help boost the domestic economy. Somagec is a civil engineering firm concentrating on maritime projects such as port infrastructure.
Equatorial Guinea: Energy Country Profile
Equatorial Guinea: Energy intensity: how much energy does it use per unit of GDP? Click to open interactive version. Energy is a large contributor to CO 2 – the burning of fossil fuels accounts for around three-quarters of global greenhouse gas emissions. So, reducing energy consumption can inevitably help to reduce emissions.
Panoro Energy sets terms for block off Equatorial Guinea
OSLO, April 4, 2024 – Oslo-listed Panoro Energy has reached an agreement with the government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23, the company announced on Thursday. Block EG-23 is located north of Bioko Island and adjacent to the producing Alba gas and condensate field. It covers a surface of approximately 600 square
The "After Exxon" Begins New Oil and Gas Chapter for Equatorial Guinea
By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to leave when its licenses expired. The departure of the American giant marks the close of a significant chapter in ourCountry''s
Petrofac strengthens position in Equatorial Guinea supporting
Petrofac, a leading provider of services to the global energy industry, confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea. Latest trade price at 01:06 PM 10.60p. Go. Latest trade price at
Equatorial Guinea Molten Salt Thermal Energy Storage Market
Equatorial Guinea Molten Salt Thermal Energy Storage Market is expected to grow during 2023-2029 Equatorial Guinea Molten Salt Thermal Energy Storage Market (2024-2030) | Trends, Competitive Landscape, Analysis, Outlook, Size & Revenue, Growth, Value, Segmentation, Companies, Share, Industry, Forecast
Time to diversify: Equatorial Guinea''s ambitions
All the available open acreage in the Equatorial Guinean offshore is on offer. The area is being divided into 14 separate blocks, which cover offshore Bioko Island and Río Muni, with an additional four blocks
Panoro Energy secures rig for Equatorial Guinea campaign
OSLO, April 24, 2024 – Oslo-listed Panoro Energy and its joint venture partners have awarded a contract for the Noble Venturer drillship to commence infill drilling at the Ceiba Field and Okume Complex offshore Equatorial Guinea, Panoro announced on Tuesday. The vessel is currently engaged in a drilling campaign offshore Ghana that is expected to end in late May.
Petrofac picks up $350-million Equatorial Guinea contract
MALABO, April 18, 2024 – Petrofac has been awarded a contract valued at around USD 350 million to provide technical services for Equatorial Guinea''s NOC, GEPetrol, the UK company announced on Thursday. Services will be provided over a five-year span at GEPetrol''s Block B asset at onshore support bases, an FPSO and a platform.
Equatorial Guinea eyes $2 billion in financing from Trafigura
PARAMARIBO, August 6, 2024 – Equatorial Guinea is in talks with commodities giant Trafigura for USD 2 billion in oil financing, Bloomberg reported on Tuesday. The government released a statement saying that Trafigura had proposed the loan during talks last week. The proposed financing – which the report identified as part of a recent trend of African governments seeking
RPS l oil and gas assets Equatorial Guinea | RPS
As a trusted advisor to the Government in Equatorial Guinea, through the Ministry of Mines, Industry and Energy, RPS provided technical, commercial and strategic advice on all aspects of the up, mid and downstream oil and gas sector - from early exploration through development and production of the current oil and gas fields, to the ongoing monitoring of producing assets and
ExxonMobil Divests Equatorial Guinea Assets
American multinational oil and gas corporation ExxonMobil will exit Equatorial Guinea in the coming months, with plans to transfer its investments to the government in Q2, 2024. The decision to withdraw from the
A Solution to Global Warming, Air Pollution, and Energy
This infographic summarizes results from simulations that demonstrate the ability of Equatorial Guinea to match all-purpose energy demand with wind-water-solar (WWS) electricity and heat supply, storage, and demand response continuously every 30 seconds for three years (2050-2052). All-purpose energy is for electricity, transportation,
Nigeria, Equatorial Guinea sign $2.5-billion pipeline deal
LAGOS, August 16, 2024 – Nigeria and Equatorial Guinea have signed an agreement to build and operate a 200-kilometre gas pipeline between the two countries, Nigeria''s presidential spokesperson Ajuri Ngelale announced on
Vaalco signs PSC for Block P, glimmer of hope for Equatorial Guinea
The project''s joint operators are Vaalco Energy (60%), Equatorial Guinea''s national oil company GEPetrol (20%) and Nigerian oil and gas company Petroleum International (20%).
Equatorial Guinea: Panoro Energy Kickstarts Block G
UK-based global independent exploration and production company Panoro Energy has launched a three-well drilling campaign in Block G in the Equatorial Guinea.. Drilling has begum on a new infill well, set to be
Equatorial Guinea: Panoro Energy Kickstarts Block G Campaign
UK-based global independent exploration and production company Panoro Energy has launched a three-well drilling campaign in Block G in the Equatorial Guinea.. Drilling has begum on a new infill well, set to be completed by the end of Q1 2023, using the Island Innovator semi-submersible rig.
The "After Exxon" Begins New Oil and Gas Chapter for Equatorial Guinea
By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea. ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to leave when its licenses expired. The departure of the American giant marks the close of a significant chapter in our
Petrofac to Support Marathon Oil''s Assets in Equatorial Guinea
Energy industry service provider Petrofac has secured a master service agreement (MSA) to support Marathon Oil''s on- and offshore facilities in Equatorial Guinea.. Under the agreement, Petrofac will provide technical and engineering support to the onshore Alba gas plant and five steel jacket facilities in the Alba Field, offshore Equatorial Guinea.
Time to diversify: Equatorial Guinea''s ambitions
All the available open acreage in the Equatorial Guinean offshore is on offer. The area is being divided into 14 separate blocks, which cover offshore Bioko Island and Río Muni, with an additional four blocks available offshore Annobón. How does the Bioko oil storage terminal fit into Equatorial Guinea''s plan to become a regional energy centre?
Maximising Equatorial Guinea''s hydrocarbon industry potential
How has Equatorial Guinea''s energy sector become a more attractive destination for foreign investment? It is simple, the hydrocarbons sector contributes 90 percent of Equatorial Guinea''s GDP and with that in mind, to drive economic growth, we have focused on creating an enabling environment for industry players. Through licensing rounds and