The “After Exxon” Begins New Oil and Gas Chapter for Equatorial Guinea (By Antonio Oburu Ondo)

Antonio Oburu Ondo, Equatorial Guinea’s Minister of Hydrocarbons and Mineral Development, announces ExxonMobil’s departure after nearly 30 years, fulfilling its plan to leave when licenses expired in 2022. The exit marks the end of a significant era in the country’s petroleum history, including OPEC membership, while also signaling a new promising chapter. ExxonMobil’s departure opens up opportunities for growth and development in Equatorial Guinea’s oil and gas sector.

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