ExxonMobil Mulls Selling Equatorial Guinea Assets. Monday, January 13, 2020. Gabriel Mbaga Obiang Lima, has announced that U.S oil major ExxonMobil plans to sell its oil assets in Equatorial Guinea, including its operating stake in the Zafiro oilfield, which currently produces 90,000 barrels a day. January 12, 2020. The accumulated oil production of the Zafiro Field recently exceeded 1 billion barrels in December of 2014. Exxon considers sale of oil assets in Equatorial Guinea. ExxonMobil holds a participating interest of 71.25 percent, GEPetrol has 23.75 percent and the Equatorial Guinea government holds the remaining 5 percent. 11 WSJ.com. The outbreak on the platform is one of the sector's largest reported infection clusters and highlights the risk that the said he was in talks with Exxon about a sale of its assets in Equatorial Guinea, including its operating stake in the Zafiro field.
Exxon and Chevron Corp. are also selling stakes in fields in Nigeria, according to the Wall Street Journal. According to recent reports coming out of Malabo, Exxon Mobil Corp. is in talks to sell its oil assets in Equatorial Guinea, Gabriel Obiang Lima, the country’s oil minister said. Exxon Mobil puts offshore Australian assets up for sale along with other regions. US energy giant ExxonMobil has been active in Equatorial Guinea since 1995 as operator of offshore Block B, near Bioko Island.
Thirty workers at an ExxonMobil-operated offshore oil platform in Equatorial Guinea have tested positive for the new coronavirus, two sources close to the ministry told Reuters. The Minister of Mines and Hydrocarbons in Equatorial Guinea, Mr. Gabriel Obiang Lima, announced on Sunday that Exxon Mobil Corp. was in talks to sell its oil assets in the central African nation. By Benoit Faucon ABU DHABI -- Exxon Mobil Corp. is in talks to sell its oil assets in Equatorial Guinea, the country's oil minister said, and might be replaced by a Russian company -- …
At 90,000 barrels a day, the field makes up the bulk of Equatorial Guinea’s output. Equatorial Guinea’s Minister of Mines and Hydrocarbons, H.E. 12 HoustonChronicle.com. September 18, 2019.
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