Back to business as usual with Buhari
The west African state’s hopes of restoring oil output rest on the reception given to its 2019 licensing round
Equatorial Guinea's drive to revive stalling oil and gas production will get into full swing with the formal launch in early April of a licensing round that the country desperately needs to succeed if the sector is to have a bright future. The launch of the 2019 round, delayed from January, is due to take place at an oil and gas conference in Malabo, which starts on 2 April. The bid window is expected to close in late 2019. Equatorial Guinea is also set to launch a mining licensing round in April. More than 20 offshore exploration blocks are on offer, mainly in the Rio Muni and Douala basins. They include relinquished acreage, as well as two blocks with established reserves for appraisal
Also in this section
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
