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The Ministry of Hydrocarbons and Mining Development of Equatorial Guinea, represented by H.E. Minister Antonio Oburu, confirms that its open door policy for exploration and production (E&P) assets remains in effect.

Following three years of direct negotiations with a broad range of major industry players and the successful conclusion of 24 agreements (7 PSCs, 11 Reconnaissance Licenses, 4 Heads of Agreement, and 2 Blocks Under Negotiation), the Government has decided to maintain this approach until further notice.

Equatorial Guinea reiterates the availability of 13 blocks (EG03, EG04, EG09, EG12, EG19, EG21, EG26, BLOCK W, BLOCK S, EG A1, EG A2, EG A3, and EG A4) and invites E&P companies worldwide to continue investing, leveraging the country’s hydrocarbon potential and enhanced fiscal terms designed to stimulate exploration and improve investor returns.

The open door policy, under which companies may apply for and negotiate contracts directly with the Government, underscores Equatorial Guinea’s commitment to a transparent, investor friendly framework that supports both local and international participation in resource development.

Finally, the Government confirms that the direct negotiation policy is also applicable to the mining sector for companies seeking to invest in the country, reinforcing Equatorial Guinea’s broader strategy to promote sustainable growth and diversification within the extractive industries.