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Equatorial Guinea Relaunches Open-Door Licensing Process for Energy Sector
Equatorial Guinea has officially relaunched its open-door licensing process aimed at boosting hydrocarbon production and attracting investment. The initiative sets the stage for a significant licensing round at the end of 2025 or early 2026, featuring strategic fiscal reforms, including a reduction in corporate tax from 35% to 25%. The planned multi-client 3D seismic acquisition initiative will provide high-quality geological insights for investors. Equatorial Guinea’s Gas Mega Hub initiative is a central aspect of its energy strategy, collaborating with neighboring countries to enhance gas monetization projects.