Reply #38: Texan oil contract

[sattahipdeep]

10 September - Block "I" offshore Equatorial Guinea's Bioko Island is to be
explored by Noble Energy, a Texan oil company deeply involved in the Central African
dictatorship. The Equatoguinean government has approved the exploration deal that opens
up a new block immediately adjacent to oil producing offshore block.

The Texan oil company's Chairman, Charles Davidson, in a statement today praised the
"excellent relationship with the government of Equatorial Guinea" as he announced the new
contract to explore Block "I" offshore Bioko Island. The block is to be explored in
cooperation with the Equatoguinean government and GEPetrol, a "state-owned company"
that is under the control of Equatorial Guinea's dictator Teodoro Obiang Nguema.

http://www.afrol.com/articles/13928