Equatorial Guinea takes bold action to aid explorers

The Ministry of Mines and Hydrocarbons will grant two-year block extensions and ease capex requirements for E&P companies amid industry downturn; major U.S. upstream firms to benefit include Kosmos Energy, VAALCO Energy and more; the measure reflects broader efforts to drive global investment into Equatorial Guinea in line with its 2020 Year of Investment campaign, […]

The Ministry of Mines and Hydrocarbons will grant two-year block extensions and ease capex requirements for E&P ...

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