Category Archives: Equatorial Guinea

Equatorial Guinea

EG Govt. Concludes New Investment Prospects After Asia Visit

The Ministry of Mines and Hydrocarbons of Equatorial Guinea wraps up a successful visit to Singapore and is negotiating terms with offtakers from the Fortuna floating LNG plant.

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Equatorial Guinea Government Welcomes Participation in Oil and Gas Licensing Round

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Representatives of the Ministry of Mines & Hydrocarbons of Equatorial Guinea, including His Excellency Minister Gabriel Mbaga Obiang Lima, present the EG Ronda 2016 licensing round in Singapore.

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Equatorial Guinea Champions Trade Facilitation in Central Africa

  • Government of Equatorial Guinea leaps towards establishing Single Window System
  • Time and costs for company registration have been slashed dramatically
  • Trade environment reform will improve Ease of Doing Business ranking with the World Bank

In 2015 Equatorial Guinea made public the efforts to reposition herself in the global trade arena through the improvement of the investment climate in the country. A major component of the Government’s program is the adoption of a single window system for the registration of companies and corporations. This move will unquestionably improve Equatorial Guinea’s Ease of Doing Business ranking with the World Bank and ultimately increase trade inflows into the country.

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EG Ronda 2016 Moves to Singapore for 3rd Stage of Oil and Gas Licensing Round Promotion

Equatorial GuineaThe Equatorial Guinea Oil and Gas Licensing Round announces the next stage of its world tour. On September 20-23, Ministry of Mines and Hydrocarbons officials will visit Singapore to promote exploration opportunities to Asian and Australian investors.

The Equatorial Guinea oil and gas licensing round, EG Ronda 2016, will come to Singapore in September as the Ministry of Mines and Hydrocarbons pushes forward on promoting available blocks. The visit to Singapore will open opportunities for companies in South-East Asia and Australia to take part in the round. H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, said Singapore’s position as a leading energy center in South-East Asia makes it the ultimate venue for EG Ronda.

“We have considerable admiration for what Singapore has accomplished in becoming an important global energy hub,” said H.E the Minister. “It is a model for Equatorial Guinea’s long-term development and a reference point for oil and gas trading in South-East Asia. We look forward to having excellent discussions with organizations in the region.”

During the Singapore visit, the Minister will make a keynote presentation during the CWC LNG & Gas Series: 8th Asia Pacific Summit, to be held September 20-23 at the Grand Hyatt Hotel. The conference will bring together key stakeholders in the gas and LNG supply chain. Equatorial Guinea has a large portfolio of gas projects in operation or under development, including EG LNG and the pioneering Fortuna FLNG development which would be the first of its kind in Africa.

Tanya Crossick, Managing Director of CWC, stated: “CWC Group is delighted to welcome H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, at the 8th World LNG & Gas Series: Asia Pacific Summit. As an important supplier of gas, we look forward to stimulating discussion around new and existing gas supply from Equatorial Guinea and the opportunities that this brings to the global LNG & Gas sector.”

EG Ronda 2016 launched on June 6, 2016 at the Africa Oil & Power conference and will conclude on November 30, 2016. The MMH invites bids on all open acreage outside of blocks under direct negotiation.

Find out about the EG Ronda 2016 oil and gas llicensing round, including a bidding and events schedule, at www.egronda2016.com. Contact the licensing round team by email at news@egronda2016.com.
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IMF Staff Concludes 2016 Article IV Mission to Equatorial Guinea

A mission from the International Monetary Fund (IMF), led by Montfort Mlachila, visited Malabo from June 29 to July 13 to conduct the 2016 Article IV consultation discussions.

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New Deal Signed by Equatorial Guinea and Shell to Increase Oil and Gas Collaboration

Equatorial Guinea has signed an MoU with Shell, effective July 4, 2016, to enable greater cooperation on oil and gas projects. Shell entered Equatorial Guinea’s gas sector in 2016 through the acquisition of BG Group, the long-term buyer of LNG cargoes from EGLNG facility.

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Minister Highlights Equatorial Guinea’s Oil and Gas Legacy of Exploration Success at Africa Assembly

Equatorial Guinea’s government is promoting its offshore acreage and showcasing the nation’s oil and gas achievements in the EG Ronda 2016 oil and gas blocks licensing round.

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Equatorial Guinea Launches 2016 Oil and Gas Licensing Round

The bidding round, EG Ronda 2016, welcomes expressions of interest on 37 open licenses. The bidding period concludes November 30, 2016

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Equatorial Guinea Awards EPC Contract for New Petrochemicals Complex

Riaba Fertilizers Limited has awarded the EPC contract for a new petrochemicals complex to a Chinese consortium led by East China Engineering Science and Technology Co. Ltd (ECEC)

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Equatorial Guinea Inaugurates Pioneering CNG Plant

– Ministry of Mines, Industry and Energy and SONAGAS officially inaugurate compressed natural gas infrastructure.

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Première africaine pour la gamme de machines agricoles Massey Ferguson lors du Sommet des affaires États-Unis/Afrique d’Addis-Abeba

Nouveau partenariat annoncé entre l’AGCO et Cultivating New Frontiers in Agriculture (CNFA)

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Posted in Equatorial Guinea, Ethiopia News, French, Gambia News, Mozambique News, Republic of Côte d'Ivoire (Ivory Coast), Togo News | Leave a comment

Les biotechnologies agricoles au service des petits exploitants

Colloque international à la FAO du 15 au 17 février 2016

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In Low Oil Price Situation, Equatorial Guinea Shifts Export Strategy

India is one of Equatorial Guinea’s biggest importers of crude oil, but much of these sales have been the work of middlemen selling spot cargoes. That is about to change as part of the Ministry of Mines, Industry and Energy’s shifting petroleum export strategy with Asian economies.

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MMIE and ONGC Videsh Sign MoU for Energy Cooperation

The Government of Equatorial Guinea, represented by the Ministry of Mines, Industry and Energy, has signed a memorandum of understanding (MoU) with the Oil and Natural Gas Corporation Limited (ONGC Videsh) for a sweeping cooperation that could encompass several areas of the oil and gas industry. The Government of Equatorial Guinea was represented by H.E. Mr. Gabriel Mbaga Obiang Lima, Minister of Mines, Industry and Energy, and ONGC Videsh by Mr. Narendra K. Verma, Managing Director. ONGC Videsh is the international arm of ONGC, a state-owned company in India.

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L’approche écosystémique de l’agriculture fait son chemin

Un nouvel ouvrage de la FAO paru aujourd’hui se penche sur la manière dont les principales céréales de la planète – maïs, riz et blé – qui assurent ensemble quelque 42,5 pour cent des apports caloriques de l’homme et 37 pour cent de ses protéines – peuvent être cultivées en respectant, voire en tirant parti des écosystèmes naturels.

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Chute des prix alimentaires en novembre dans un contexte de stocks abondants

La sécurité alimentaire s’aggrave dans les zones victimes de troubles civils et de conditions météorologiques défavorables

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La corruption gagne du terrain et les gouvernements sont impuissants à enrayer le phénomène, d’après le sondage d’opinion mené en Afrique

Transparency International estime que 75 millions d’Africains ont versé un pot-de-vin au cours de l’année dernière

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