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ConocoPhillips signs deal to advance offshore gas development in Equatorial Guinea

ConocoPhillips signs deal to advance offshore gas development in Equatorial Guinea

by Offshore Reporter | Sep 30, 2025 | Offshore

Equatorial Guinea has signed a Heads of Agreement (HOA) with ConocoPhillips to develop offshore Blocks B/4 and EG-27, a deal expected to unlock up to $9 billion in investment and support the country’s ambition to expand its role as a regional gas processing hub.

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ConocoPhillips signs deal to advance offshore gas development in Equatorial Guinea

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