ExxonMobil’s ageing West Africa jewel needs $3 billion revamp

Zafiro field in Equatorial Guinea, which will be transferred to state-owned GEPetrol by 2025, needs huge investment

Finance needed: Equatorial Guinea's Oil Minister Gabriel Mbaga Obiang Lima.
Finance needed: Equatorial Guinea's Oil Minister Gabriel Mbaga Obiang Lima.Photo: REUTERS/SCANPIX
Published 17 January 2023, 17:14Updated 18 January 2023, 11:55