Marathon Oil posts solid earnings with lower US oil and gas returns partially offset by Equatorial Guinea LNG hub
Marathon Oil Corp., the US company and main shareholder in Equatorial Guinea LNG in West Africa as well as a key operator in the major US shale basins, reported solid earnings amid the effects of lower prices offset by the further development of the Equatorial Guinea Regional Gas Mega Hub (GMH) project.
Marathon Oil sells part of Equatorial Guinea LNG equity stake to global commodities firm Glencore
Marathon Oil Corp. has entered into a five-year firm liquefied natural gas sales agreement with Glencore Energy UK for a portion of its equity natural gas produced from the Alba Field offshore the West African nation of Equatorial Guinea.
Canadian-based Africa Oil signs two production sharing contracts in Equatorial Guinea with LNG potential
Africa Oil Corp., a Canadian energy company based in Vancouver and with producing and development assets in deep water Nigeria, has signed production-sharing contracts with LNG potential offshore Equatorial Guinea in West Africa.
Equatorial Guinea LNG shareholder Marathon Oil acquires US Eagle Ford assets and explains gas price impacts
Marathon Oil Corp., the shareholder in Equatorial Guinea LNG in West Africa, has agreed to acquire natural gas assets in the US from private equity-backed firm Ensign Natural Resources for $3 billion in cash to almost double its position in the Eagle Ford shale basin of South Texas.
