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Malabo, Equatorial Guinea, August 20 – Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetize gas resources through the creation of a domestic gas-to-power infrastructure.
The Equatorial Guinea LNG project was constructed on the north-west side of Bioko Island at Punta Europa, near Equatorial Guinea’s capital city of Malabo. Natural gas for the project is bought from the Alba field participants, Marathon Oil, Noble Energy and GEPetrol, and the LNG is sold to BG Gas Marketing (BGM), a subsidiary of BG Group, under a 17-year purchase and sale
Malabo and the island of the Bioko are known for their exotic plant life. Much of this plant life is concentrated among the coast. As a result, the Guinean government has invested a number of resources in developing by biodiversity programs. Visitors to the area can arrange for guided tours around the beaches.
Elite Construcciones is pioneering gas development and trade in West Africa through the construction of an liquified natural gas (LNG) storage and regasification plant at the Port of Akonikien, Equatorial Giunea, under the LNG2AFRICA initiative – the first of its kind in the region.
The Zafiro oil field is located in the Gulf of Guinea, off the coast of Malabo, Bioko Island, Equatorial Guinea. Producing since 1996, the offshore field is operated by Mobil Equatorial Guinea (MEGI), a subsidiary of ExxonMobil.
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Mar 17, 2015 · Marathon Oil Corporation's Equatorial Guinea Country Manager Bill Wheeler highlights Marathon Oil's activity in this important base asset. For more information visit www.marathonoil.com.
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Equatorial Guinea's oil minister Gabriel Obiang Lima is turning up the heat on the management of Marathon Oil to get the company to build a second liquefaction train at EG LNG in Punta Europa. According to our sources, a round of talks was held on the subject in Madrid in the last week of December.
Punta Europa Camp / Marathon Oil, Malabo, Equatorial Guinea. 251 likes · 15 talking about this · 6,414 were here. Local Business Happiest Birthday to you Doc Hannah. May God continue to guide you as you save lives, life caretaker. God bless you always. I you !!!
Malabo, Equatorial Guinea — The first "hint" of how the major Fortuna gas discovery offshore Equatorial Guinea will be developed is likely to come in January or February, the country's oil minister Gabriel Obiang Lima said late Wednesday.
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May 14, 2018 · Equatorial Guinea Announces Plans For Gas Megahub. MALABO-Equatorial Guinea’s government has announced its plans to construct a natural gas megahub project. This will consist of interlinked production, aggregation and processing facilities offshore and onshore, and will tie in to existing facilities.
Oct 03, 2018 · Equatorial Guinea's current LNG plant near the capital, Malabo on Bioko Island, is operated by Marathon Oil and has a capacity of 3.4m tonnes a year. But it's reliant on declining supply from the Alba gasfield, where production is expected to fall steeply within the next two years.
SEGESA, which is in charge of all power generation and distribution in the island of Malabo, Annobón, and Equatorial Guinea’s continental territory, manages a balanced mix between renewables and fossil fuel-based power generation. The opening of phase one of Malabo’s 8.4 MW Turbogas thermal power plant, in 2000,...
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The Ministry of Mines and Hydrocarbons of Equatorial Guinea (MMH) is ordering the dismantling of the methanol plant owned by the Atlantic Methanol Production Company LLC (AMPCO) at the Punta Europa Gas Complex on Bioko Island, calling instead for a modular refinery.
Apr 16, 2019 · EG LNG - Punta Europa LNG Terminal Details Parent ... Equatorial Guinea LNG Holdings Limited (EGLNG) ... Pudurpandiapuram Cold Storage Plant
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The decision was adopted during a meeting on March 19th, 2020 MALABO, Equatorial Guinea, March 30, 2020/ — The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and revealed the key companies shortlisted for the execution of its landmark projects under its ongoing Year of Investment. The …
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Equatorial Guinea LNG Operations S.A. (EG LNG) Marathon Equatorial Guinea Production Limited (MEGPL) Atlantic Methanol Production Company LLC (AMPCO) Location of Punta Europa Facilities
On the other hand, its Equatorial Guinean assets, such as the EGLNG plant, are good cash earners. Taking over Zafiro would also be a way to appease Malabo's persistent calls for the firm to invest more in the country. It would help smooth matters for the development of its E.G. Gas Mega Hub, which also has a methane production component.
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Punta Europa is the location of the island's main power plant, fired by natural gas from offshore wells, and Marathon Oil has constructed a large liquified natural gas plant there. Located within the Marathon plant on the northwestern tip of Bioko, about 10 km (6 mi) northwest of Malabo. Site and tower closed.
Biologists regard Bioko Island as a living laboratory for studying how plants and animals evolve in isolation. It lies in the Gulf of Guinea, 20 miles off the west coast of Africa, one of four ...