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Equatorial Guinea Says It Held Talks With Trafigura for $2 Billion in Oil Financing

(Bloomberg) — Equatorial Guinea says it held talks with Trafigura Group for the possibility of $2 billion in financing from the commodity trader to support development of the nation’s hydrocarbon sector. Trafigura last week “proposed a loan”...

Global Sae-A Group Celebrates Monumental Projects in Costa Rica, Singapore, Equatorial Guinea

Global Sae-A Group Celebrates Monumental Projects in Costa Rica, Singapore, Equatorial Guinea

Top executives of Global Sae-A Group are traveling around the world, attending completion ceremonies and diplomatic events in three overseas countries this month alone, and meeting with the heads of state of each country. The synergy of the solid...

Nigerian Banks will have no difficulty in capturing the Francophone market – Georges Foaleng

Nigerian Banks will have no difficulty in capturing the Francophone market – Georges Foaleng

Only three Nigerian banks have any presence in Francophone West and Central Africa, despite Nigeria’s borders with these countries. UBA which is the most widely spread of any Nigerian bank has subsidiaries in Gabon, Chad, DR Congo, Cameroon,...

African Leaders unite to mobilize African investment and financing for Agenda 2063

African Leaders unite to mobilize African investment and financing for Agenda 2063

Sierra Leone Telegraph: 27 February 2025: On the sidelines of the 38th Ordinary Session of the Assembly of the African Union Summit in Addis Ababa, Ethiopia, African Heads of State, Government and Business Leaders convened for a Presidential...

African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063

African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063

On the sidelines of the 38th Ordinary Session of the Assembly of the African Union Summit in Addis Ababa, Ethiopia, African Heads of State, Government and Business Leaders convened for a Presidential Breakfast Dialogue to address the continent’s...

Liberia: Deputy Finance Minister McGill Jones Rebuffs Media Report of Receiving US$3K as Per Diem for Lonestar Trip to Equatorial Guinea

Liberia: Deputy Finance Minister McGill Jones Rebuffs Media Report of Receiving US$3K as Per Diem for Lonestar Trip to Equatorial Guinea

Monrovia — Deputy Finance Minister Bill McGill Jones has rebuffed media reports that he received US$3,000 as per diem from the Ministry of Youth and Sports to travel with the national soccer team of Liberia for its upcoming match in Equatorial...

Petrofac Inks Agreement with Marathon Oil in Equatorial Guinea

Petrofac Inks Agreement with Marathon Oil in Equatorial Guinea

Petrofac Ltd. has signed a new master service agreement with Marathon Oil in Equatorial Guinea. Under the agreement, Petrofac will provide technical authority and discipline engineering support, ensuring operational excellence, integrity and...

Petrofac to Support Marathon Oil’s Activities in Equatorial Guinea

Petrofac to Support Marathon Oil’s Activities in Equatorial Guinea

Oct 9, 2024 (Credit: Petrofac) Oilfield services provider Petrofac has secured a new master service agreement (MSA) with Marathon Oil to support its key onshore and offshore assets in Equatorial Guinea. Under the agreement Petrofac will provide...

Egypt Mining Forum opens to promote exploration and investment

Egypt Mining Forum opens to promote exploration and investment

The Egypt Mining Forum has kicked off in its fourth edition at the Nile Ritz-Carlton hotel in Cairo on 15th July 2025. The two-day event is held under the theme ‘Accelerating Commercial Exploration, Discovery and Extraction and Achieving Value...

Business News | India-Latin American Interactive Business Session Held in Mexico City

Business News | India-Latin American Interactive Business Session Held in Mexico City

VMPL New Delhi [India], December 16: An interactive business conference was organized at the Sheraton Hotel in Mexico City jointly by the Ibero-America Trade Council, Movastacon Foundation, India Mexico Business Chamber (IMBC) and COPARMEX...

Hungary strengthens ties with Equatorial Guinea during first-ever ministerial visit

Hungary strengthens ties with Equatorial Guinea during first-ever ministerial visit

Hungary and Equatorial Guinea are launching cooperation in the economy, energy, water management, and education, with relations based on mutual respect, the foreign minister said after meeting counterpart Simeon Oyono Esono Angue in Malabo on...

Russia's RosGeo to expand hydrocarbon and solid minerals exploration in Equatorial Guinea

7 Oct 2024 15:25 MOSCOW. Oct 7 (Interfax) - RosGeo, the Russian geological holding company, is ready to carry out full-scale geological exploration work in the transit zone of Equatorial Guinea's continental shelf, as well as onshore exploration...

Rosgeo ready to prospect for hydrocarbons in Equatorial Guinea

Rosgeo ready to prospect for hydrocarbons in Equatorial Guinea

MOSCOW, October 7. /TASS/. Rosgeo is ready to perform comprehensive exploration of hydrocarbons in the transit area of Equatorial Guinea’s continental shelf and onshore prospecting for solid mineral resources, the Russian geological holding said....

Today in the news: Radars prevent deaths; “I married my father for pension benefits”

Today in the news: Radars prevent deaths; “I married my father for pension benefits”

Good morning! Yesterday’s announcements by the government during the opening of the State of the Nation debate feature prominently in today’s main headlines. Público reports “Government grants bonuses up to €200 to pensioners in September,” and...

Ghana’s Leader Calls for Reparations to Reclaim Africa’s Dignity

Ghana’s Leader Calls for Reparations to Reclaim Africa’s Dignity

(MENAFN) On Monday, Ghanaian President John Dramani Mahama issued a powerful call for reparations from countries involved in the trans-Atlantic slave trade and the colonial exploitation of Africa, stressing the imperative to reclaim the...

ExxonMobil concludes its operations in Equatorial Guinea

ExxonMobil concludes its operations in Equatorial Guinea

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 American giant marks the close of a significant chapter in...

Petrofac secures contract from Marathon Oil in Equatorial Guinea 

Petrofac secures contract from Marathon Oil in Equatorial Guinea 

Petrofac, a UK-based energy services provider, has expanded its presence in Africa by securing a new MSA with Marathon Oil for operations in Equatorial Guinea. This MSA will see Petrofac providing discipline engineering support and technical...

The “After Exxon† Begins New Oil and Gas Chapter for Equatorial Guinea (By Antonio Oburu Ondo)

The “After Exxon†Begins New Oil and Gas Chapter for Equatorial Guinea (By Antonio Oburu Ondo)

By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to leave when its...

The Obidients And Their Masters: A Brief History Of Grand Deception, By Raphael Adebayo

From the sidelines, I have watched the movement named after Peter Obi assume different forms to adapt to the contentious and often acrimonious nature of Nigerian politics. It has duly transformed from a too conciliatory, good-natured, even...

Putin to speak at Russian Energy Week, meet with President of Equatorial Guinea

Putin to speak at Russian Energy Week, meet with President of Equatorial Guinea

MOSCOW, September 26. /TASS/. Russian President Vladimir Putin will speak at the Russian Energy Week, currently under way in Moscow’s Manezh exhibition hall, and hold negotiations with President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo....

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