Post by Made in Nigeria (@MadeNigeria)
Atlas Petroleum International Limited, linked to Nigerian oil magnate Arthur Eze, has lost its stake in an offshore gas license in Equatorial Guinea following a dispute with operator Chevron.
According to Africa Intelligence, Atlas previously held a 27% stake in Block I, which includes the Aseng field and is central to Equatorial Guinea's gas export system. The stake has now been transferred to state-owned oil company GEPetrol, which already held a 5% stake.

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Made in Nigeria: Sources:
https://africa.businessinsider.com/local/markets/arthur-ezes-atlas-oranto-loses-gas-block-in-equatorial-guinea-as-venezuelan-projects/d5d40gl
https://africa.businessinsider.com/local/markets/arthur-ezes-atlas-oranto-loses-gas-block-in-equatorial-guinea-as-venezuelan-projects/d5d40gl
Made in Nigeria: Sources:
https://www.africaintelligence.com/central-africa/2026/02/09/chevron-cuts-ties-with-nigerian-offshore-partner,110622653-art
https://www.africaintelligence.com/central-africa/2026/02/09/chevron-cuts-ties-with-nigerian-offshore-partner,110622653-art