EG Ronda Oil & Gas
EGRonda 2026 Announcement
The Ministry of Hydrocarbons and Mining Development, represented by H.E. Minister Mr. Antonio Oburu, has announced the upcoming EGRonda 2026, a new oil and gas licensing round scheduled to launch in April 2026.
All exploration and production (E&P) companies worldwide are invited to participate in this new chapter of investment and exploration success. The licensing round will offer 25 blocks, coupled with significantly improved fiscal terms for investors designed to boost exploration activity and profitability.
Detailed information regarding the timeline, application procedures, and other relevant details for EGRonda 2026 will be published in April next year.
The Ministry’s open-door policy, which allows companies to directly apply and negotiate contracts with the government, will remain in effect until the launch of EGRonda 2026. It is important to note that this licensing round does not include the mining sector; therefore, the open door policy will continue to be the applicable framework for mining companies.
This initiative reaffirms Equatorial Guinea’s commitment to providing a transparent, investor-friendly environment that encourages both local and international participation in its resource development.
Current Application Process for Direct Negotiation:
- Express interest directly to the Ministry of Hydrocarbons and Mining Development (MHDM). Contact: oilandgas@egronda.com
- Optional: attend data room.
- Applicants are requested to submit:
- Name(s) of applicant(s) and proposed operator.
- Block applied for.
- Technical proposal including work programme.
- Operator’s skills and experience in petroleum operations.
- Ability to finance proposed work programme.
- Commercial offer.
- HSE statement.
- The Ministry will evaluate the application.
- If successful, Ministry will seek to agree final PSC terms with companies during the PSC negotiations.
*Detailed Information can be found under licensing Procedure heading: “Application Procedure PDF document.”
Results 2023-2025
| Company | Block | Contract | Year |
|---|---|---|---|
| Meren (AOC) | EG-18 | PSC | 2023 |
| Meren (AOC) | EG-31 | PSC | 2023 |
| Panoro Energy | EG-01 | PSC | 2023 |
| Antler Global | EG-08 | PSC | 2023 |
| Chevron | EG-06 | PSC | 2024 |
| Chevron | EG-11 | PSC | 2024 |
| Panoro Energy | EG-23 | PSC | 2024 |
| ConocoPhillips | EG-27 | HOA | 2025 |
| ConocoPhillips | B/4 | HOA | 2025 |
Equatorial Guinea Oil & Gas Licensing
The Ministry of Hydrocarbons and Mining Development (MHDM) maintains a comprehensive database compiled since the 1970’s, which includes all the 2D and 3D seismic surveys across the country, and a well database that includes a variety of well logs and reports, from basic logs, rock and fluids analysis, operational activities, test results up to lithological and biostratigraphic analysis.
The database includes a collection of technical reports on specific areas as well as regional studies, including petroleum systems and basin modelling studies. For a number of fields and discoveries, several static and dynamic reservoir models have been inherited and preserved in the database for consultation.
The data rooms are hosted by Perceptum at: 33 Cavendish Square, Landmark, W1G 0PW, London, UK. For more information please visit: www.perceptumlimited.com
How to Book a Data Room:
- Request data room access by completing the letter template for download located down below. Please, specify: company name, blocks of interest and contact details.
- Email letter to: oilandgas@egronda.com
- MHDM will grant data room access by email notice.
- Data room booking date: companies can engage directly with Perceptum Ltd. By email or phone to agree dates for visit.
- Sign a Non-Disclosure Agreement (NDA) and Data Room Rules.
- Companies are allowed to take some screenshots away.
- Companies can license data at any time.
The current Hydrocarbon Code was drafted in 2006 and sets out the regulatory provisions governing the petroleum sector. The Hydrocarbon Law is administered and enforced by the Ministry of Hydrocarbons and Mining Development (MHDM) who adjudicates all decisions, negotiates and signs all contracts between the State and 3rd parties.
Documents
Download our PDF Documents.
Multi client reports are available in house to purchase. Companies can contact us for more information at: info@perceptumlimited.com