ExxonMobil Discovers Oil Offshore Equatorial Guinea

ExxonMobil Discovers Oil Offshore Equatorial Guinea   ExxonMobil has discovered oil in its EG-06 block offshore Equatorial Guinea, Offshore Energy Today. This was revealed on Monday by the country’s energy ministry which said that the well had been drilled in October 2017, and that ExxonMobil was assessing potential commerciality. Avestruz-1 is located approximately 160 kilometers offshore Malabo in an exploration area adjacent to ExxonMobil’s Zafiro field, a prolific legacy oilfield in Equatorial Guinea’s northern maritime area. ExxonMobil signed its production sharing contract for Block EG-06 in 2015, followed by its entry into nearby Block EG-11 in 2017. “Equatorial Guinea’s partnership with … Continue reading ExxonMobil Discovers Oil Offshore Equatorial Guinea