PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 1.Apr.2026, Words: 150) — Subsea7 was awarded a substantial contract, valued between $150mn-$300mn, by Noble Energy EG Ltd (a Chevron company) for […]
Category: Equatorial Guinea
EAI’s ‘Africa NRG Insights’ investor report (FREE PDF download-prologue)
HOUSTON, TEXAS (Energy Analytics Institute, 15.Jun.2024, Words: 136) — Energy Analytics Institute‘s recently released ‘Africa NRG Insights’: Africa’s ‘Just’ Energy Transition: An Investor’s Perspective on Opportunities and Challenges, explores the […]
Marathon Oil Reports 3Q:24 Results
(Marathon, 6.Nov.2024) — Marathon Oil Corporation reported third-quarter 2024 (3Q:24) net income of $287mn or $0.51 per diluted share, which includes the impact of certain items not typically represented in […]
Kosmos’ 2Q:24 Update on Projects from Mauritania to Senegal
(Kosmos, 5.Aug.2024) — Kosmos Energy Ltd. announced its financial and operating results for the second quarter of 2024. For the quarter, the company generated a net income of $60mn, or $0.12 per diluted […]
Marathon Oil Reports 1Q:24 Results
(Marathon, 1.May.2024) — Marathon Oil Corporation (NYSE: MRO) reported first quarter 2024 net income of $297mn or $0.52 per diluted share, which includes the impact of certain items not typically represented in analysts’ earnings estimates […]
EAI’s NRGBriefs for Feb. 2024: Guyana, Mexico, Uruguay and Venezuela
HOUSTON, TEXAS (By editors with Energy Analytics Institute, 29.Feb.2024, Words: 3,790) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and […]
Marathon Oil Inks LNG Sales Deal for Alba Gas in E.G.
(Marathon, 16.Oct.2023) — Marathon Oil Corporation (NYSE: MRO) announced that through its wholly-owned subsidiaries it has entered into a five-year firm LNG sales agreement with Glencore Energy UK Ltd, a subsidiary […]
An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]
(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As […]
Marathon Oil to Further Develop Equatorial Guinea Gas Mega Hub
(Marathon Oil Corp., 30.Mar.2023) — Marathon Oil Corporation (NYSE: MRO), through its affiliated company Marathon E.G. Holding Limited, has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.) and Noble […]
NRGBriefs: Marathon’s Equatorial Guinea Output; Murphy on Brazil and Mexico
(Energy Analytics Institute, 4.May.2022) — Energy and political briefs including Marathon Oil reporting 1Q:22 production from Equatorial Guinea of 64 net Mboe/d; the US providing over $6mn in additional humanitarian […]
Tullow Divests Assets In Equatorial Guinea
(Tullow, 31.Mar.2021) — Tullow Oil plc announced the sale of its assets in Equatorial Guinea to Panoro Energy ASA has now completed. Earlier today, Tullow received a payment of $88.8mn […]
Tullow To Sale Assets In West Africa To Panoro
(Tullow, 9.Feb.2021) — Tullow Oil plc signed two separate sale and purchase agreements with Panoro Energy ASA (Panoro) for all of Tullow’s assets in Equatorial Guinea (the EG Transaction) and […]
Equatorial Guinea’s Govt, And Prime Minister Resign
(Reuters, 15.Aug.2020) — The government and prime minister of Equatorial Guinea tendered their resignation on Friday to President Teodoro Obiang, who said they had not done enough to help the […]
Kosmos Energy Announces 2Q 2020 Results
(Kosmos, 3.Aug.2020) — Kosmos Energy Ltd. announced today the financial and operating results for the second quarter of 2020. For the quarter, the Company generated a net loss of $199 […]
Hess Divest Interests In Equatorial Guinea
(Hess, 23.Oct.2017) — Hess Corporation entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650mn, effective […]