Thursday, December 14, 2017

Equatorial Guinea Strengthens Energy Industry, Discovers New Offshore Oil Reserves

The Republic of Equatorial Guinea strengthened its energy industry this week with the discovery of new offshore oil reserves. 

The Ministry of Mines and Hydrocarbons and Mobil Equatorial Guinea Inc, a subsidiary of Exxon Mobil, announced the new oil exploration in the Avestruz-1 well within Block EG-06.

The relationship between Equatorial Guinea and the international oil company is further strengthened by this discovery, with the two already working in partnership in the Zafiro field, which has produced more than one billion barrels.

"The association of Equatorial Guinea with Exxon Mobil continues to produce new discoveries of oil, which demonstrates the enormous potential in this country and our environment conducive to oil and gas exploration, " said Minister Gabriel Mbega Obiang Lima.

Equatorial Guinea has a strong energy industry, and recently developed new investment opportunities at the Africa Oil & Power (AOP) 2017 Conference, in addition to new partnerships with Cameroon.

Equatorial Guinea also recently joined the Organization of the Petroleum Exporting Countries (OPEC) and is Sub-Saharan Africa’s third-largest oil and gas producer.

Earlier in 2017, Equatorial Guinea invested its resources in key infrastructure works to spur the country’s economy, including a new headquarters for Exxon Mobil.

Equatorial Guinea Promotes Africa Energy

The Republic of Equatorial Guinea promoted African energy this week with its attendance at the Indaba Africa Energy 2017 conference.

The conference promotes the advancement of projects and opportunities for energy industry production and fosters the continued economic growth of Africa.

It also explores reactivation measures and challenges to provide holistic solutions in the continent’s energy supply.

Equatorial Guinea’s diplomatic mission high delegation attended the conference, along with more than 700 representatives from different countries across Africa.

Equatorial Guinea has a strong energy industry, and recently developed new investment opportunities at the Africa Oil & Power (AOP) 2017 Conference, in addition to new partnerships with Cameroon.

Equatorial Guinea also recently joined the Organization of the Petroleum Exporting Countries (OPEC) and is Sub-Saharan Africa’s third-largest oil and gas producer.


The conference, being held in Midrand, South Africa, is hosted by the Republic of South Africa Department of Energy.

Wednesday, December 13, 2017

Equatorial Guinea Vice President Responds to False and Defamatory Accusations Made by CORED Leader

The lawyers for the Republic of Equatorial Guinea Vice President, HE Teodoro Nguema Obiang Mangue, responded to the false and defamatory statements made by the leader of the Coalition CORED, Salomón Ndong Abeso.

The lawyers filed an application before the Criminal Court of Paris against Abeso for the fabricated language used in his published article entitled Le fantome du fils Obiang est défendu par trois robes noires a Paris in the blog Mediapart in January 2017.

The article used very serious language against the Vice President, and wrongly accused him of having ordered the kidnapping of an Italian businessman, whom he then had tortured.

Previously, a defamation suit against Abeso was filed before the Court, which resulted in the indictment of the CORED leader on 23 November.

Abeso is set to appear before the court to be tried for the crime of defamation for his statements that are part of a permanent campaign of denigration, disinformation, and defamation of CORED against the authorities of Malabo and the vice president.

CORED, the Opposition Coalition for the Restoration of a Democratic State in Equatorial Guinea, is a small group of political criminals who work outside of Equatorial Guinea.

According to the submitted application, individuals involved with CORED work “for the sole purpose of profiting personally, through continuous and false denunciations against the institutions of Equatorial Guinea.” It goes on to say the trial against the Vice President is “nothing but a business that logically went wrong. And it was precisely during this phase, when Solomón Ndong Abeso published this bizarre and brutal article.”

The previous legal process in Paris against the Vice President of Equatorial Guinea was free of any condemnation, which highlighted his innocence in the matter.

Because of this finding, the Vice President’s lawyers have embarked on a campaign against the indiscriminate attacks made by “hustlers and swindlers” such as Abeso of CORED.


Equatorial Guinea maintains that any criminal action carries a responsibility.

Tuesday, December 12, 2017

Equatorial Guinea Active in the Community of Portuguese Language Countries

The Republic of Equatorial Guinea is active in the Community of Portuguese Language Countries (CPLP), with the closing of the VII Parliamentary Assembly of the CPLP this year and the upcoming Summit of Ministers of Telecommunications of the CPLP, which Equatorial Guinea is set to host in 2018.

The President of the Lower House of Parliament of Equatorial Guinea, Gaudencio Mohaba Mesu, represented Equatorial Guinea at the VII Parliamentary Assembly this week.

Equatorial Guinea is proud to be a member of the CPLP, and thanked the organization for the presence of observers during the last legislative and municipal elections in Equatorial Guinea, who verified civic responsibility, transparency, and massive participation, along with a deep respect for international democratic procedures.

Equatorial Guinea is committed to the continued process of democratization and the maintenance of peace and stability.

Additionally, the Minister of Telecommunications and New Technologies of the Republic of Equatorial Guinea, Maximiliano Martín Meko Abeme, hosted a meeting in Portugal this week to discuss the preparations for the upcoming Summit of Ministers of Telecommunications.

The Minister highlighted the importance of international strategies to develop the digital economy, as well as the improvement of the administration and adoption of digital solutions for an efficient public service sector.

Equatorial Guinea is set to host the Summit of Ministers of the CPLP in 2018.

Equatorial Guinea joined the CPLP in 2014, joining the members Angola, Brazil, Cape Verde, Guinea-Bissau, Mozambique, Portugal, São Tomé and Príncipe and East Timor.


Equatorial Guinea was the sixth African country to join the CPLC, which was founded in 1996 and now has nine member countries. The organization aims to promote cooperation among the member countries. Equatorial Guinea was an observer from 2006 to 2014. Portuguese has become the third official language of the country, following Spanish and French.