ABOUT THE LICENSING ROUND
The Ministry of Mines and Hydrocarbons invited oil and gas explorers to bid on a range of prospective acreages, including some unexplored blocks, in the EG Ronda 2016 – Equatorial Guinea’s 2016 Oil and Gas Licensing Round. The Ronda was concluded at the Africa Oil & Power conference in Cape Town on June 5, 2017, by the Minister of Mines and Hydrocarbons. Thank you for your interest.
Exploration success has been a hallmark of Equatorial Guinea’s upstream oil and gas business, with 48 total discoveries and a drilling success rate of 42 percent. That’s almost double the global average. Production and processing facilities are well established in many parts of the country and seismic data covers large offshore areas. Learn more about Equatorial Guinea.