Equatorial Guinea: FDI in 2019 to Exceed U.S.$2.4 Billion

22 November 2018
African Energy Chamber (Johannesburg)

The direct total foreign investment expected in Equatorial Guinea for 2019 is over USD $2.4 billion, with 11 new wells expected to be drilled during the year.

In addition, five platforms have been contracted to carry out drilling operations in the country, according to the technical meetings and evaluations of the work programs and budgets of the country’s operating companies conducted by the Ministry of Mines and Hydrocarbons of Equatorial Guinea.

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