The long-term stability of Equatorial Guinea is at risk as its oil production drops and Vice President Teodorin Obiang, heir apparent to the presidency, continues to show “erratic behavior” and make “arbitrary decisions.” Bloomberg reports on the case of two South African oil workers jailed in the central African country for drug smuggling as the […]
Read more »Via Energy, Capital & Power, a report on Equatorial Guinea’s LNG ambitions: As a mature producer, Equatorial Guinea is prioritizing near-field, infrastructure-led exploration to yield new discoveries and bring additional resources into production. Trident Energy launched a three-well infill drilling campaign on Block G at the start of this year utilizing the Island Innovator rig, with all three wells […]
Read more »Courtesy of the Wall Street Journal, a report on the competition between the U.S. and China to secure relationships in Gabon and Equatorial Guinea: In August, Ali Bongo, then-president of the Central African nation of Gabon, made a startling revelation to a top White House aide: During a meeting at his presidential palace, Bongo admitted he […]
Read more »Courtesy of Foreign Policy, a report on potential locations for China’s next overseas base, locations which often also mirror commercial interests: China famously built its first overseas base, a launchpad for the People’s Liberation Army Navy (PLAN), in Djibouti in 2017. Where will it build the next one? To answer that question, the authors drew […]
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