Acquisitions and Divestitures News in Equatorial Guinea

Panoro Energy Signed PSC for Block EG-23 Offshore Equatorial Guinea
11/13/2024 - Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that it has finalised terms and signed a Production Sharing Contract (“PSC”) with the Government of Equatorial Guinea for offshore ...
The “After Exxon” Begins New Oil and Gas Chapter for Equatorial Guinea
9/30/2024 - 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 A...
Chevron, GEPetrol Ink PSCs for Equatorial Guinea Blocks as Focus Shifts to New Discoveries
6/21/2024 - The partners signed production sharing contracts for Blocks EG-06 and EG-11 in Equatorial Guinea.

Multinational energy corporation Chevron and Equatorial Guinea’s state-owned oil company GEPe...
Equatorial Guinea’s Ministry of Mines and Hydrocarbons Signs PSCs for Blocks EG-06 and EG-11
6/21/2024 - The production sharing contracts pave the way for the exploration and development of Blocks EG-06 and EG-11 in Equatorial Guinea.

The Ministry of Mines and Hydrocarbons of Equatorial Guinea...
Panoro Energy – Heads of Terms Agreed for Block EG-23 Offshore Equatorial Guinea
4/4/2024 - Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that it has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore...
VAALCO Energy, Inc. Announces Finalization of Agreements in Equatorial Guinea
3/25/2024 - VAALCO Energy, Inc. announced that all partners have signed the final documents and the Government of Equatorial Guinea has approved the Joint Operating agreement (“JOA”) related to the previously app...
Europa Oil & Gas Announces Acquisition of Interest in EG-08 Licence
12/21/2023 - Europa Oil & Gas (Holdings) plc, the AIM quoted UK, Ireland and West Africa focused oil and gas exploration, development and production company, is pleased to announce that it has acquired a 42.9% equ...
Ratification of Block EG-01 Award & Approval of Block S Farm-in Offshore Equatorial Guinea
4/20/2023 - Panoro Energy ASA (“Panoro” or the “Company”) is pleased to confirm that the award of Block EG-01, announced by the Company on 20 February 2023, has been ratified by the Government of Equatorial Guine...
Africa Oil Enters into Equatorial Guinea for Low Cost Infrastructure-Led Exploration Opportunities
2/20/2023 - Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") is pleased to announce that it has signed two production sharing contracts ("PSCs") with the Republic of Equatorial Guinea for offshore Blocks E...
Panoro Energy – Award of Block EG-01 Offshore Equatorial Guinea
2/20/2023 - Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that it has been awarded a 56 percent participating interest and operatorship of Block EG-01 located offshore Equatorial Guinea (pe...
Panoro Energy – Farm-in to Block S Offshore Equatorial Guinea
10/20/2022 - Panoro Energy ASA has agreed to farm-in to the Kosmos Energy operated Block S offshore Equatorial Guinea for a 12 per cent non-operated participating interest. The current joint venture partnership at...
Chevron Seeks to Sell Equatorial Guinea Oil & Gas Assets
2/21/2022 - Chevron is looking to sell its stakes in three oil and gas fields in Equatorial Guinea, hoping a recent rally in energy prices will help attract buyers.

The U.S. company acquired the asset...
Completion of Sale of Assets in Equatorial Guinea
3/31/2021 - Tullow Oil plc (Tullow) is pleased to announce that the sale of its assets in Equatorial Guinea to Panoro Energy ASA (Panoro) has now completed. Earlier today, Tullow received a payment of $88.8 milli...
Tullow Announces Shareholder Approval for the Acquisition in Equatorial Guinea
3/18/2021 - Tullow Oil plc announces that at its General Meeting held earlier, the resolution set out in the Notice of General Meeting put to the General Meeting seeking approval for the proposed sale of the enti...
Panoro Provides Update on Completion of Acquisitions
3/18/2021 - Panoro Energy ASA notes that Tullow Oil plc (“Tullow”) has announced the successful result of its general meeting to approve the disposal of all of the issued share capital of its subsidiary, Tullow E...
Panoro Announces Transformational Acquisition of Producing Assets in West Africa
2/9/2021 - Panoro Energy ASA has entered into agreements with Tullow Oil plc and its subsidiaries (“Tullow”) to acquire high-quality oil producing assets offshore Equatorial Guinea and Gabon for an initial aggre...
VAALCO Announces Update at Equatorial Guinea
11/26/2019 - VAALCO Energy, Inc. provided an update on Equatorial Guinea. VAALCO Energy Mauritius (EG) Limited (“VAALCO EG”), a subsidiary of the Company, currently holds a 31% participating interest in Block P, l...
Farm-out of EG-24 exploration licence
5/14/2018 - Ophir announces that it has entered into a farm-out agreement with Kosmos Energy covering the EG-24 exploration licence in Equatorial Guinea. Under the terms of the agreement, Kosmos will acquire a 40...
Hess Completes Sale of Interests in Equatorial Guinea
11/28/2017 - Hess Corporation has completed the previously announced sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective Jan...
Kosmos Energy Expands Strategic Position in Gulf of Guinea
10/23/2017 - Kosmos Energy in partnership with Trident Energy (Trident), has agreed to acquire an interest in three exploration licenses, as well as Hess Corporation’s interest in the adjacent Ceiba Field and Okum...

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