AGP Executive Report

Last update: 6 hours ago

Offshore Energy & Geoscience: TGS has signed with Equatorial Guinea’s Ministry of Hydrocarbon and Mining Development to build a major offshore multi-client seismic MegaSurvey, starting with post-stack reprocessing of ~27,273 km of 2D and ~35,000 sq km of 3D, targeting completion in Q3 2026, with a wider plan for a nationwide harmonized dataset across the Rio del Rey and Rio Muni basins. Oil & Gas Operations: VAALCO Energy says production has resumed at the Baobab field (CI-40 block, offshore Côte d’Ivoire) after a successful FPSO refurbishment—an update that signals continued momentum in the wider Gulf of Guinea upstream corridor. Exploration Dealmaking: Galp Energia has signed a tentative MoU to run exploration studies on offshore Equatorial Guinea blocks EG-02, EG-09 and H (southeast of Bioko), ahead of a potential production sharing contract as the country prepares a licensing round. Upstream Financing & Partnerships: Europa Oil & Gas partner Antler Global is moving toward completing a farm-out for the EG-08 licence offshore Equatorial Guinea, with Equatorial Guinea approval received and the deal still awaiting China’s Overseas Direct Investment approval; if cleared, the Barracuda-1 well could be spudded in early 2027. Industry & Trade Context: A U.S. trade-in-goods/services update and other regional business items were also reported, but the strongest Equatorial Guinea relevance this week came from the seismic and upstream exploration pipeline.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

No AGP Wire articles available right now.


Perspectify logo Perspectify News

Learn about labels.

Labels
Left-wing Center-left Neutral Public Broadcaster Gov't Institution Center-right Right-wing Pro-Government Gov't Propaganda Indeterminate
filter

Filter

Source Label Filters

All labels are selected. Deselect any labels you want to hide from your feed.

Labels:

Left-wing
Center-left
Neutral
Public Broadcaster
Gov't Institution
Center-right
Right-wing
Pro-Government
Gov't Propaganda
Indeterminate
Building Africa’s integrated energy future: how Tetracore Energy Group is expanding access to reliable and sustainable energy

Building Africa’s integrated energy future: how Tetracore Energy Group is expanding access to reliable and sustainable energy

TGS unveiling Equatorial Guinea’s offshore basin prospectivity with major seismic dataset

TGS unveiling Equatorial Guinea’s offshore basin prospectivity with major seismic dataset

TGS to Create Major Offshore Seismic Dataset for Equatorial Guinea

TGS to Create Major Offshore Seismic Dataset for Equatorial Guinea

As featured in:

@ Journalists!

Join

No journalists yet — this is a new service area. Join today!

Journalists Wanted

fallback image
Jun. 9, 2026

VAALCO Energy, Inc. Announces Baobab Field Production Resumes After Successful FPSO Refurbishment

GlobeNewswire, Inc.

fallback image
May 20, 2026

Russia, Equatorial Guinea Sign Nuclear Pact, Deepen Defense Ties

MENAFN

fallback image
May 21, 2026

Russia, Equatorial Guinea Strike Nuclear, Defense Cooperation Deal

MENAFN

fallback image
May 21, 2026

Russia, Equatorial Guinea Sign Nuclear Cooperation Deal

MENAFN

fallback image
May 7, 2026

Vaalco Energy, Inc. Announces First Quarter 2026 Results

GlobeNewswire, Inc.

fallback image
May 7, 2026

Vaalco Energy, Inc. Declares Second Quarter 2026 Dividend

GlobeNewswire, Inc.

More press releases

Video Stories

YouTube video thumbnail: Somalis Shocked by 'Damaging' US Decision to Bar World Cup Referee Omar Artan
Play
Somalis Shocked by 'Damaging' US Decision to Bar World Cup Referee Omar Artan
YouTube video thumbnail: Violence Breaks Out at Demonstration Against US Ebola Facility in Kenya
Play
Violence Breaks Out at Demonstration Against US Ebola Facility in Kenya
Affinity Group Publishing Logo Showcase
Discover Affinity Group Publishing
YouTube video thumbnail: Sudan Crisis Worsens as Civil War Enters 4th Year and Hormuz Closure Disrupts Aid
Play
Sudan Crisis Worsens as Civil War Enters 4th Year and Hormuz Closure Disrupts Aid
YouTube video thumbnail: Migration row Rattles South Africa Amid Rising Anti-Migrant Protests
Play
Migration row Rattles South Africa Amid Rising Anti-Migrant Protests

Video Title

Sign up for:

Equatorial Guinea Industry News

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

globe

Explore More

Share this page:

Sign up for:

Equatorial Guinea Industry News

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.