Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Equatorial Guinea Free Press.

Equatorial Guinea Speeds Up Year of Investment Drive with Nigerian Investors
In line with its commitment to attract regional capital investment into the country, H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, met with high-level Nigerian investors, bankers and financiers to discuss...

Equatorial Guinea’s Minister of Mines and Hydrocarbons visits the Waltersmith Modular Refinery
The leadership of Waltersmith Petroman carried out a site visit of the Watersmith Modular Refinery being constructed in southeastern Nigeria with H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea as its guest....

Statement by IMF Managing Director Kristalina Georgieva on Equatorial Guinea
March 9, 2021 Washington, DC: Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement: “I am very saddened by the humanitarian tragedy unfolding in Equatorial Guinea following the...

Equatorial Guinea outlines Asian investment strategy ahead of the Atlantic Council Global Energy Forum
Ahead of the Atlantic Council Global Energy Forum in Abu Dhabi, Minister of Mines and Hydrocarbons of Equatorial Guinea, H.E. Gabriel Mbaga Obiang Lima outlined the country’s Asia-focused investment strategy following successful high-level...

Are you Self-Employed in Equatorial Guinea? (By Pablo Mitogo and Ana Vizcarro Dyombe)
By Pablo Mitogo, Associate and Ana Vizcarro Dyombe Challenge to Solution. In the African environment with economies facing growth challenges, the self-employed assumes an indispensable role in the functioning of the market economy, as they...

Equatorial Guinea to Convert Punta Europa Methanol Plant to Modular Refinery
A feasibility study is underway on the potential to convert Equatorial Guinea’s methanol plant at Punta Europa; The Ministry of Mines and Hydrocarbons is dissatisfied by declining gas production and expects new investment to upgrade Punta Europa...

Equatorial Guinea and Vitol Sign Strategic Partnership
Equatorial Guinea’s Ministry of Mines and Hydrocarbons signed a Strategic Partnership and Cooperation Agreement on the development of the Gas Megahub; The Gas Megahub project aims to develop several offshore gas hubs and monetize neighboring gas...

Equatorial Guinea Grants ExxonMobil Extension on Offshore Blocks
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has granted ExxonMobil a six-month extension for offshore blocks EG06 and EG-11. Located next to legacy oil-producing Block B and EG-11, the licenses are considered highly prospective...

Equatorial Guinea Pledges Continued Support to Foreign Operators in its Hydrocarbon Sector
New rules introduced by the Bank of Central African States has created a challenging environment for foreign investment into CFA union states; The Ministry of Mines and Hydrocarbons will continue to support foreign operators in its hydrocarbon...

Equatorial Guinea: Salary difference, The Black Hole in the Pocket of Oil and Gas Companies
Download logo Recently the Minister of Mines and Hydrocarbons of Equatorial Guinea announced the winners of the EG RONDA 2019 licenses, many companies unfamiliar with the legal environment of Equatorial Guinea are preparing to enter the market....

Reduction of personnel for economic reasons vs Suspension of employment contracts: Why are companies in Equatorial Guinea spending money in times of crisis? (By Pablo Mitogo)
By Pablo Mitogo, Associate Attorney from Centurion Law Group (www.CenturionLG.com). Since the outbreak of COVID-19, many countries have been overwhelmed and the health systems of the most powerful countries have collapsed. The wave of chaos has...

Equatorial Guinea: Angolan Ambassador highlight’s achievements
Malabo, ANGOLA, November 12 - Angolan ambassador to Equatorial Guinea António Luvualu de Carvalho stressed Friday the maintenance of national sovereignty and territorial integrity as the main achievements of Angolans during the 44 years of...

Equatorial Guinea Announces $1 Billion in Projects for ‘Year of Investment 2020’
Minister of Mines and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima revealed several capital-intensive projects as part of Equatorial Guinea’s upcoming 2020 Year of Investment initiative; Notable projects open for investment include the construction...

Equatorial Guinea Launches ‘Year of Investment 2020’ Campaign
Ministry of Mines and Hydrocarbons spearheads yearlong effort to attract foreign direct investment in key sectors; Equatorial Guinea has opened multiple investment-ready projects, including modular refineries, an ammonia plant and a gold smelter;...

Equatorial Guinea Announces Winners of EG Ronda 2019 Bidding Round
The Ministry of Mines and Hydrocarbons announced the winners of Equatorial Guinea’s oil, gas and mining concessions on Tuesday; Block E G-27 was awarded to Lukoil and GEPetrol and Block EG-09 was awarded to Noble Energy and Gepetrol; The...

Equatorial Guinea launches First Ever Corporate Social Responsibility Book
The publication highlights key achievements in corporate social responsibility projects within Equatorial Guinea’s oil and gas sector; notable projects include the Bioko Island Malaria Elimination Project, Bioko Biodiversity Protection Program and...

Equatorial Guinea Expects Major Oil & Gas Investments in 2020
The Ministry of Mines and Hydrocarbons has concluded its work program and budget meeting evaluations after technical negotiations with oil and gas companies; The country estimates $1.2 billion in investments and a contingent forecast of $273...

Equatorial Guinea: how to avoid sanctions for breach of local content (By Pablo Mitogo, Associate Attorney, Centurion Law Group)
By Pablo Mitogo, Associate Attorney, Centurion Law Group You want to avoid sanctions for lack of compliance with local content norms in Equatorial Guinea? Easy, start complying. We intend here to provide you the key steps to ensure your local...

African Energy Chamber Offers Guide for Reforms for Equatorial Guinea’s Oil & Gas Sector
The African Energy Chamber (www.EnergyChamber.org) organized a Power Breakfast yesterday in Malabo to mark the launch of its Africa Energy Outlook 2021. The event gathered all of the Chamber’s partners and industry stakeholders in Equatorial...

Perpetual Evolution in Education: Adapting to the Needs of Tomorrow’s Learners
Atlantic International University (AIU) Embraces Lifelong Learning and Innovation to Prepare Students for the Future The pathway to your goals: Explore the possibilities at Atlantic International University. HONOLULU, May 23, 2025 (GLOBE NEWSWIRE)...