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Equatorial Guinea to Grant Extensions to Oil Companies

Source: www.gulfoilandgas.com 4/27/2020, Location: Africa

H.E. Gabriel Mbaga Obiang Lima shares Equatorial Guinea’s plans in working through the current state of global oil markets. Equatorial Guinea will launch new petroleum regulations to support its hydrocarbons industry with emphasis on improving local content. The Ministry of Mines and Hydrocarbons is pushing forward with its Year of investment initiative and plans to make project announcements in Q4 2020.

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