For the first time, licenses have been granted for the exploration of minerals on an industrial scale in Equatorial Guinea. In addition, recently awarded oil & gas blocks EG 03 and EG 04 located onshore, on the entire coast of Equatorial Guinea’s highly populated Rio Muni coastal province.
Centurion Law Group wishes to bring to your attention that following access to reliable sources at the Ministry of Mines and Hydrocarbons of Equatorial Guinea, you should expect the initiation of local content audits and the request of compliance documents from the Directorate General of Local Content this year.
As part of its mission to open new routes and expand its fleet in 2020, Turkish Airlines has added Malabo, Equatorial Guinea to its route network.
Zion Adeoye has been named Managing Director of Centurion Law Group. Adeoye, an oil and gas specialist with a focus on energy law and finance has played a significant role at the firm in the last few years as key advisor on over 25 oil and gas investments, in 12 countries across Sub-Saharan Africa.
Preamble: The preamble states that the government following its policies on the desire to attract foreign investors and promote other productive sectors who are offering services which are directly affected by the demand of investors and tourist to visit the country thereby creating employment, Has considered it prudent to establish a new Law to regulate visa permits in pursuance to an invocation of article 21 Subsection b) of the organic Law 3/2010, dated 30 May on the Immigration Law.
Recently the Minister of Mines and Hydrocarbons of Equatorial Guinea announced the winners of the EG RONDA 2019 licenses, many companies unfamiliar with the legal environment of Equatorial Guinea are preparing to enter the market.