Africa Monitor

Africa Monitor Intelligence

Equatorial Guinea: State Purchases Exxonmobil Assets and Increases Distancing From Washington

ExxonMobil’s assets have been transferred to the Ministry of Mines and Hydrocarbons, to the public company GEPetrol and to the United Arab Emirates’ Horizon Energy under a tripartite agreement concluded a few days ago. GE Petrol will be the operator of the block in the next three years. READ MORE