Taleveras, two others win oil blocs in Equatorial Guinea
Jun 06 2017 by Johnny Bowman
"Until the 2017 Bid Round, Equatorial Guinea was largely perceived as the bailiwick of United States majors and Chinese National Oil Corporations".
- ExxonMobil has signed a Production Sharing Contract for Block EG-11, contiguous to the company's current operations at the Zafiro oilfield, with the Government of Equatorial Guinea.
The Zafiro field, operated by ExxonMobil, is Equatorial Guinea's largest oil producer.
The production-sharing contract with Exxon is for a block next to the Zafiro field, operated by the USA oil supermajor. In addition, Exxon holds an 80-percent interest in Block EG-06, on which almost 600 square miles of 3D seismic data were acquired in 2015. GEPetrol holds a 20 percent working interest. Technical evaluation is under way, Exxon said. The field is in water depths between 400 and 2,800 feet and has produced more than 1bn barrels of oil in its more than two decades of production.
Police name two London attackers
Six women and four men arrested by police after the attack are still being questioned, police said. He said the public can expect to see additional police - both armed and unarmed - across London.