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Thanks to its varying development programs and its future-focused strategies and vision, the country is in a good position to become an economic powerhouse on the African continent

Seven years ago, Equatorial Guinea’s government drafted a comprehensive plan to ensure the country’s wealth was distributed to the populace through public works and social programs, and to set the bases for economic diversification

Gabriel Obiang, Minister of Energy, Mines and Industry, underscores how his country’s booming petroleum industry is further accented by a solid legal framework that inspires confidence among investors

The growing success Marathon Oil has enjoyed since it established operations in Equatorial Guinea in 2002 has not only allowed the company to expand its business activities, but also to expand its community investment efforts through its CSR programs, particularly in the fight against malaria.

The company produces some 3.7 million metric gross tons of liquefied natural gas a year

Marathon Oil, EG LNG and AMPCO strive to develop a national workforce and increase local content.

AMPCO operates a plant that produces some 1 million metric tons yearly

The Houston-based oil company has been operating in Equatorial Guinea since the beginning of the oil boom

The company contributes to a number of projects in education and health, in particular in the fight against malaria

The goal for the national power producer and supplier, SEGESA, is to ensure more than adequate levels of supply for consumers so as to eventually be able to export electricity to neighboring countries. The country is also in the process of retiring 90% of its dated oil-fired plants by the year 2020