Equatorial Guinea confirms June round

MALABO, May 20, 2016 – Minister of Mines, Industry and Energy Gabriel Mbaga Obiang Lima announced on Friday that Equatorial Guinea’s upcoming bid round will launched at a conference in South Africa in June.

The offshore auction, dubbed the EG Ronda 2016, will open up deep- and ultra-deepwater blocks for bid. “We welcome investors to join us in Cape Town to learn more about our country and the enormous oil and gas exploration opportunities that are still available,” the minister said.

In previous comments on the offshore round, made in October 2015, the ministry said it would put up for bid “all remaining deep- and –ultra deepwater blocks.”

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