AGP Executive Report
Last update: 10 hours agoOil and Gas: Equatorial Guinea plans to approve a new hydrocarbon law offering more flexible contract terms as crude output plunges to 20,000 barrels a day, down from about 140,000 in 2020. Chevron’s Aseng gas project remains on track for first delivery in 2028; separately, Transocean announced $225 million in new U.S. Gulf work for a rig finishing its current Equatorial Guinea program. Public Health: Health teams are planning a door-to-door campaign to distribute more than 500,000 treated mosquito nets across the mainland and Annobón, potentially from late 2026 to early 2027. Football: The Panthers FC withdrew from the CAF Confederation Cup, citing financial hardship, sending USM Alger through to the group stage without playing. Regional Affairs: ECCAS chair Teodoro Obiang called for stronger cohesion and faster action on regional integration, including trade, infrastructure and peace. Economic Outlook: The IMF forecasts Equatorial Guinea’s economy will contract 1% in 2027, following declines in 2025 and 2026.
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