//Equatorial Guinea extends oil exploration licenses

Equatorial Guinea extends oil exploration licenses

Equatorial Guinea has announced a series of strategic measures to assist oil and gas exploration companies. The measures are expected to lessen the financial burden of these oil companies as the world battles covid-19.

The executive president of the African Chamber of Energy for the CEMAC zone, Leoncio Amada NZE, analysed the measures taken by the Ministry of Mines and Hydrocarbons of Equatorial Guinea.