What oil companies are in Equatorial Guinea?
Oil companies operating in Equatorial Guinea include Exxon Mobil, Marathon Oil Corp, Kosmos Energy, Noble Energy.
Is there oil in Equatorial Guinea?
Oil Reserves in Equatorial Guinea Equatorial Guinea holds 1,100,000,000 barrels of proven oil reserves as of 2016, ranking 39th in the world and accounting for about 0.1% of the world’s total oil reserves of 1,650,585,140,000 barrels.
What country owns Marathon Oil?
American
Marathon Oil Corporation is an American company engaged in hydrocarbon exploration incorporated in Ohio and headquartered in the Marathon Oil Tower in Houston, Texas. Houston, U.S.
Does Equatorial Guinea have a refinery?
New projects and investments in the country are expected to be announced in the fourth quarter of this year, including the groundbreaking of Equatorial Guinea’s first refinery.
What are the major exports of Equatorial Guinea?
Exports The top exports of Equatorial Guinea are Petroleum oils and oils obtained from bituminous minerals; crude ($1.93B), Petroleum gases and other gaseous hydrocarbons ($530M), Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives ($93.7M), Wood in the rough, whether or not stripped …
Who owns the oil in Equatorial Guinea?
Chevron holds a 38% stake in the Aseng oil field, and the Yolanda natural gas field, in Equatorial Guinea’s Block 1. It also owns a 45% interest in the Alen gas and condensate field in Block O.
How much oil is in Equatorial Guinea?
Equatorial Guinea’s Independence Day
| Population (million inhabitants) | 1.41 |
|---|---|
| Current account balance (million $) | -1,135 |
| Proven crude oil reserves (million barrels) | 1,100 |
| Proven natural gas reserves (billion cu. m.) | 39 |
| Crude oil production (1,000 b/d) | 113.6 |
What’s the difference between Marathon Petroleum and Marathon Oil?
As of 2011, Marathon Oil Corporation and Marathon Petroleum Corporation are two completely separate entities — each positioned to deliver continued shareholder growth. Marathon Oil is an independent exploration and production (E&P) company based in Houston.
Who does Equatorial Guinea export oil to?
Equatorial Guinea’s main export partner is Spain (15 percent of total exports). Others include: China, United States and Japan.
How many barrels of oil does Equatorial Guinea have?
What language is spoken in Malabo?
Today Malabo is the commercial and financial center of the country. The city has a population of about 100,000 inhabitants. Spoken languages are Spanish (official), some French, Portuguese and local Niger–Congo languages, and pidgin.
What does Marathon Oil do in Equatorial Guinea?
Since entering Equatorial Guinea (EG) in 2002, Marathon Oil has invested in and operated the Punta Europa integrated gas business to world-class standards of performance.
What does Marathon Oil do to help Malabo?
Since 2004, Marathon Oil employees worldwide have raised over U.S. $1 million for much-needed supplies for more than 6,000 students in nine Malabo schools. We’re committed to helping Equatoguinean youth improve their academic and social opportunities.
What is Marathon Oil doing to fight malaria?
Marathon Oil and our BIMEP partners have invested approximately U.S. $52 million for the trials of a highly promising vaccine to block malaria transmission in humans and mosquitos.
What is EG LNG doing in Equatorial Guinea?
Since entering Equatorial Guinea, EG LNG has spent over U.S. $25 million to provide water wells, and build and renovate schools across the country. These have significantly increased the ability of students from rural areas to receive an education.