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ConocoPhillips signs deal to advance offshore gas development in Equatorial Guinea – Oil & Gas 360
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ConocoPhillips signs deal to advance offshore gas development in Equatorial Guinea – Oil & Gas 360
(World Oil)– Equatorial Guinea has signed a Heads of Agreement (HOA) with ConocoPhillips to develop offshore Blocks B/4 and EG-27, a deal expected to unlock up to $9 billion in investment and support the country’s ambition to expand its role as a regional gas processing hub. The HOA, signed by ConocoPhillips alongside the Ministry of Hydrocarbons and Mining Development, national oil company GEPetrol, and state gas firm SONAGAS, outlines terms
·Denver, United States
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