Back to business as usual with Buhari
The west African state’s hopes of restoring oil output rest on the reception given to its 2019 licensing round
Equatorial Guinea's drive to revive stalling oil and gas production will get into full swing with the formal launch in early April of a licensing round that the country desperately needs to succeed if the sector is to have a bright future. The launch of the 2019 round, delayed from January, is due to take place at an oil and gas conference in Malabo, which starts on 2 April. The bid window is expected to close in late 2019. Equatorial Guinea is also set to launch a mining licensing round in April. More than 20 offshore exploration blocks are on offer, mainly in the Rio Muni and Douala basins. They include relinquished acreage, as well as two blocks with established reserves for appraisal
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
