AGP Executive Report
Last update: an hour agoOffshore Gas: Chevron awarded EnerMech a contract to prepare a 19-kilometer flowline linking the offshore Aseng gas field to existing infrastructure. The work includes engineering and pre-commissioning ahead of operations. Economic Outlook: The World Bank estimates Equatorial Guinea’s economy contracted 5.8% in 2025 and projects average annual declines of about 1% in 2026 and 2027. It urges development of businesses and jobs beyond oil and gas. Offshore Drilling: Transocean reported a two-well contract for its Deepwater Conqueror with an undisclosed Equatorial Guinea operator. Gas Cooperation: Equatorial Guinea is among the producers represented in the Gas Exporting Countries Forum’s outlook for growing African LNG exports, with a Paris roundtable set to discuss investment, market access and gas monetization.
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