A Nigerian oil giant, Taleveras, and two others, yesterday, won oil blocs in Equatorial Guinea
The others are Exxon Mobil and the UK-based Ophir Energy.
Equatorial Guinea’s Minister of Mines and Hydrocarbons, Gabriel Obiag-Lima, made the announcement at the African Oil and Gas Conference in Cape Town.
All winners were revealed by Obiag-Lima at a press conference.
Exxon Mobil, in a statement, confirmed it had signed its Production Sharing Contract, with Equatorial Guinea for Oil acreage EG.-11, thereby heading the list of acreage winners in Equatorial Guinea’s latest licensing bidding round.
UK-based Ophir Energy won the bloc EG 24, whilst Taleveras picked the highly potential EG-07 oil bloc and Clonterf Energy landed bloc EG-18.
The West African nation’s Ronda 2016 open and competitive bidding round was declared a success by industry analysts and watchers.
The post Taleveras, two others win oil blocs in Equatorial Guinea appeared first on Vanguard News.
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