Equatorial Guinea announces 2026 oil and gas licensing round

Equatorial Guinea’s Hydrocarbons and Mining Development Minister, Antonio Oburu Ondo, has announced a new oil and gas licensing round for 2026, dubbed EGRonda 2026. EGRonda 2026 will open 24 blocks to global exploration and production (E&P) companies and offer enhanced fiscal terms aimed at increasing exploration and profitability. The government will maintain its open-door policy, which will allow companies to directly apply and negotiate contracts until the launch of the new licensing round. This appr ...