New Market Report: Equatorial Guinea Oil & Gas Report Q3 2013
Equatorial Guinea could be well positioned to benefit from increasing interest in deepwater exploration off West Africa, but given the declining production from mature fields, our long term outlook for the sectors is bearish. Over the medium term, we expect gains in output until 2015/16, at which point, the impact of new production is unlikely to offset falling volumes from mature fields. Although there is some upside from new exploration, highlighted by a number of contracts signed with small firms...
View full press release