Equatorial Guinea Takes Bold Steps to Boost Exploration and Production Amidst COVID-19 Pandemic

Equatorial Guinea has signed a new Ministerial Order extending all exploration blocks across its sedimentary basin for two years, taking a strong initiative to support oil companies exploring and producing oil and gas in the Gulf of Guinea. The order demonstrates Equatorial Guinea’s foresight when it comes to creating an enabling environment for E&P companies amidst current market conditions, and laying the ground for a strong recovery of the sector post-COVID-19.

Priscilla Wolmer
Directrice de la rédaction