AGP Executive Report
Last update: 8 hours agoLocal Content: At African Energy Week, Equatorial Guinea’s deputy minister for local content, Domingo Mba Esono, backed building a stronger economy through domestic companies. Speakers urged governments to prepare communities before investment projects begin so residents can access jobs and business opportunities. Gas Development: Chevron says its $690 million Aseng offshore project remains on track for first gas in 2028. Plans include drilling a development well and connecting it to existing infrastructure, as Equatorial Guinea seeks to shore up declining gas production and LNG exports. Oil Output: Equatorial Guinea’s crude production slipped by 2,000 barrels per day in September to 45,000 bpd, even as OPEC output rose by about 920,000 bpd overall.
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