Equatorial Guinea And Hess Corporation Strengthen Growing Partnership

Apr 09, 2014, 16:33 ET from Republic of Equatorial Guinea

MALABO, Equatorial Guinea, April 9, 2014 /PRNewswire-USNewswire/ -- Obiang Nguema Mbasogo, Equatorial Guinea's President, met with John Barnett Hess, Hess Corporation CEO, to strengthen the long-term and growing partnership between the company and the West African Nation.

During the meeting, President Obiang and Mr. Hess discussed the company's continued investment in the country's energy, education and science sectors. Hess representatives praised the socio-economic development the country is experiencing.

Gabriel Mbega Obiang Lima, Equatorial Guinea's Minister of Mines, Industry and Energy, Gregory P. Hill, Hess Corporation President and COO of Exploration and Production, Brian David, International Vice President were also present at the meeting.

"Hess is an exemplary company that has been working and collaborating in the development of Equatorial Guinea for years, and that has professionally trained many Equatoguineans," said Minister Mbega Obiang Lima at a press conference.  He also alluded to the educational and social contribution the company has made to the country. Hess sponsors projects such as the National Program for Educational Development of Equatorial Guinea (PRODEGE), whose second phase was just approved, in collaboration with the Ministry of Education and Science, which will train students at the primary and secondary level.

Minister Mbega Obiang Lima expressed the desire of Equatorial Guinea and Hess Corporation to collaborate on exploitation of the oil fields of Okume and Ceiba, where both expatriate professionals and Equatoguineans work, and on long-term production and extended investment to other sectors.

About Equatorial Guinea

The Republic of Equatorial Guinea (República de Guinea Ecuatorial) is the only Spanish-speaking country in Africa, and one of the smallest nations on the continent. In the late-1990s, American companies helped discover the country's oil and natural gas resources, which only within the last five years began contributing to the global energy supply. ="http://www.flickr.com/photos/50152514@N07/" rel="nofollow" target="_blank">Equatorial Guinea is now working to serve as a pillar of stability and security in its region of West Central Africa. The country hosted the 2011 Summit of the African Union. For more information, visit http://www.guineaecuatorialpress.com.


SOURCE Republic of Equatorial Guinea