Equatorial Guinea: Licence awards

The government has announced six licence awards from the 2016 bid round, as well as a production-sharing contract (PSC) with ExxonMobil for Block EG-11, which is contiguous to the company’s Zafiro oil field.Ophir Energy, which is developing the Fortuna gas complex on Block R, was awarded Block EG-24 in the country’s southern deep water west of the Ceiba field. Dublin-based Clontarf Energy won EG-18, which had previously been under negotiation with the ShoreCan joint venture of Nigeria’s Shoreline Energy International and Canadian Overseas Petroleum Ltd, and Nigeria’s Atlas Petroleum won EG-10, immediately to the east.