Equatorial Guinea a Major Liquefied Natural Gas (LNG) Hotspot in West Africa Signs on for Invest in African Energy (IAE) 2024 [Video]

Antonio Oburu Ondo, Minister of Mines and Hydrocarbons of Equatorial Guinea, will speak at the upcoming Invest in African Energy (IAE) forum in Paris, as the country seeks renewed foreign investment to monetize offshore gas reserves and establish itself as an LNG export hub.

As a mature producer, Equatorial Guinea is prioritizing near-field, infrastructure-led exploration to yield new discoveries and bring additional resources into production. Trident Energy launched a three-well infill drilling campaign on Block G at the start of this year utilizing the Island Innovator rig, with all three wells expected to come onstream by mid-year. The rig will then drill the Akeng deep exploration well in Kosmos Energy-operated Block S, targeting potential resources of 180 million barrels of oil. If successful, the campaign could lead to a significant rise in output from the Ceiba Field and Okume Complex.

IAE 2024 (https://apo-opa.co/49krKXM) is an exclusive forum designed to facilitate investment between African …