Report: Exxon snaps up offshore block in Equatorial Guinea

ExxonMobil has reportedly signed another production sharing agreement with Equatorial Guinea, the new OPEC member. According to Reuters, the production has been signed for the Block EG-11, located offshore Equatorial Guinea. Data found on Exxon’s website shows the company is already largest oil producer in the country. It operates Block B, located offshore northwest of […]

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