Equatorial Guinea: Bid round to launch in June


Issue 324 - 27 May 2016 | 1 minute read

The government will officially launch a new oil and gas licensing round, known as EG Ronda 2016, at the Africa Oil & Power conference on 6-7 June at the Westin Hotel in Cape Town. The Ministry of Mines, Industry and Energy said in October 2015 that it planned a bid round this year, offering all remaining deep and ultra-deepwater blocks. The last bid round in 2014 offered all the country’s open acreage, with four blocks next to existing discoveries offered for direct negotiation and the others for competitive bidding.

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