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Taleveras, Exxon Mobil, Ophir win oil blocks in Equatorial Guinea

Ola Simeon by Ola Simeon
June 6, 2017
in Breaking News, Business, Energy, News
0

Nigerian oil giant, Taleveras, and three others have won oil blocks in Equatorial Guinea
The others are Exxon Mobil and  the UK-based  Ophir Energy.
A major announcement to this effect was made on Monday by Equatorial Guinea’s Minister of Mines and Hydrocarbons, Gabriel Obiag-Lima, at the African Oil and Gas Conference in Cape Town.
Exxon Mobil, in a statement, confirmed it has signed its Production Sharing Contract with Equatorial Guinea for Oil Acreage E.G.-11, hereby heading the list of acreage winners in Equatorial Guinea’s latest licensing bidding round.
Ophir Energy won Block EG 24, whilst Taleveras picked the highly potential EG-07 Oil Block and Clonterf Energy landed Block EG-18.
The West African nation’s Ronda 2016 open and competitive bidding round was declared a success by industry analyst and watchers.

Tags: equitorial guineaexxon mobiloil blocksophirTaleveras
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