The "After Exxon" Begins New Oil and Gas Chapter for Equatorial Guinea
By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to leave when its licenses expired. The departure of the American giant marks the close of a significant chapter in our Country''s
Equatorial Guinea Appoints Antonio Oburu Ondo as Minister of
In a recent cabinet shuffle, Equatorial Guinea''s President, H.E. Teodoro Obiang Nguema Mbasogo, has appointed Antonio Oburu Ondo, former Managing Director of national oil company GEPetrol, as the Minister of Mines and Hydrocarbons, with Gabriel Mbaga Obiang Lima – current President of the Organization of Petroleum Exporting Countries and the Gas
Who Pressed Pause? How Stalled Negotiations Can Keep Equatorial Guinea
Will Equatorial Guinea fulfil its promise as a gas "mega hub," or will stalled negotiations turn what should be a national economic boon into a missed opportunity? The answer depends largely on how quickly the country can nail down gas supply agreements from Nigeria and Cameroon. Right now, things don''t seem to be moving nearly fast enough. Will
Energy Profile: Equatorial Guinea
Equatorial Guinea had a population of 790,000 people in 2013 (IEA, 2016). Total electricity production in 2015 was 82 ktoe with 57.3 per cent generated from hydro and 41.4 per cent generated from fossil fuels (IEA, 2016). Electricity consumption in 2015 was 36 ktoe. Table 2 shows the main energy statistics.
Panoro Energy Finalizes Terms for Equatorial Guinea Block EG-23
Panoro Energy CEO John Hamilton said, "The award of a PSC for Block EG-23, when finalized, will be a complementary expansion of our existing acreage portfolio in Equatorial Guinea. We look forward to partnering with GEPetrol to leverage our collective core subsurface skill sets, increasing our exposure to a broad range of play types
Equatorial Guinea''s New Minister of Mines
I believe Equatorial Guinea''s 1.5 trillion cubic feet of natural gas will become the driving force in the country''s energy industry. To enable natural gas production and monetization to lead to economic development and industrialization, Minister Ondo needs to embrace a pragmatic approach to welcoming credible investors, eliminating red
Equatorial Guinea: Energy Country Profile
Equatorial Guinea: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across all of the key metrics on this topic.
RELATÓRIO NACIONAL DE PONTO DE SITUAÇÃO / Dezembro
RENEWABLES AND ENERGY EFFICIENCY IN GUINEA BISSAU NATIONAL STATUS REPORT / December 2018 A ALER – Associação Lusófona de Energias Renováveis, é uma associação sem fins lucrativos, constituída em Dezembro de 2014, que tem como missão a promoção das energias renováveis nos países lusófonos.
Equatorial Guinea: Energy System Overview
GOAL: to promote an understanding, on a global scale, of the dynamics of change in energy systems, quantify emissions and their impacts, and accelerate the transition to carbon-neutral, environmentally benign energy systems while providing affordable energy to all.
ENERGY PROFILE Equatorial Guinea
developing areas. Energy self-sufficiency has been defined as total primary energy production divided by total primary energy supply. Energy trade includes all commodities in Chapter 27 of the Harmonised System (HS). Capacity utilisation is calculated as annual generation divided by year-end capacity x 8,760h/year. Avoided
Antonio Oburu Ondo Reveals Strategies to Explore
In an exclusive interview with the African Energy Chamber, President of OPEC and Equatorial Guinea''s Minister of Mines and Hydrocarbons, Antonio Oburu Ondo, dives deep into the country''s exploration and drilling Strategies. OPEC members recently met in Vienna for the 8 th OPEC International Seminar. What measures is OPEC currently taking to stabilize the
Equatorial Guinea
The energy intensity (the ratio of the quantity of energy consumption per unit of economic output) was 5.8 MJ per US dollar (2005 dollars at PPP) in 2012. The compound annual growth rate (CAGR) between 2010 and 2012 was 4.74 (World Bank, 2015). The share of renewable energy in the total final energy consumption (TFEC) has been decreasing steadily
Vaalco gets green light in Equatorial Guinea block
HOUSTON, March 26, 2024 – Houston-based Vaalco Energy has received final approval from the government of Equatorial Guinea for its Venus plan of development in offshore Block P, the company announced on Monday. All partners have signed the final documents and Vaalco will soon proceed with a FEED study prior to taking the FID that will lead to the execution of its
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Energy in Equatorial Guinea
Energy in Equatorial Guinea is an industry with plenty of potential, especially in the fields of oil and natural gas. However, production has been declining in recent years due to under-investment and lack of new discoveries. In 2022, the country produced less than 100,000 barrels of oil per day (bopd) according to OPEC [1] data.
Equatorial Guinea
How is electricity used in Equatorial Guinea? Sources of electricity generation Electricity can be generated in two main ways: by harnessing the heat from burning fuels or nuclear reactions in the form of steam (thermal power) or by capturing the energy of natural forces such as the sun, wind or moving water.
5 FAQs about [Das energy Equatorial Guinea]
Why is energy in Equatorial Guinea declining?
Energy in Equatorial Guinea is an industry with plenty of potential, especially in the fields of oil and natural gas. However, production has been declining in recent years due to under-investment and lack of new discoveries. In 2022, the country produced less than 100,000 barrels of oil per day (bopd) according to OPEC data.
How much energy does Equatorial Guinea use?
Electricity consumption in Equatorial Guinea in 2015 was 36 kilotonnes of oil equivalent (ktoe). The country produces all of the energy it consumes. As of 2012, renewable energy accounted for 29.2% of the final energy mix.
How much oil does Equatorial Guinea produce a day?
In 2022, the country produced less than 100,000 barrels of oil per day (bopd) according to OPEC data. Electricity consumption in Equatorial Guinea in 2015 was 36 kilotonnes of oil equivalent (ktoe). The country produces all of the energy it consumes.
Why is oil production declining in Equatorial Guinea?
However, production has been declining in recent years due to under-investment and lack of new discoveries. In 2022, the country produced less than 100,000 barrels of oil per day (bopd) according to OPEC data. Electricity consumption in Equatorial Guinea in 2015 was 36 kilotonnes of oil equivalent (ktoe).
Is biomass a source of electricity in Equatorial Guinea?
Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important source in lower-income settings. Equatorial Guinea: How much of the country’s electricity comes from nuclear power? Nuclear power – alongside renewables – is a low-carbon source of electricity.