About our assets
Equatorial GuineaWith a regional office in Malabo, on Bioko Island, we’ve been active in E.G. since 2002. Marathon Oil operates the offshore Alba field, and we have equity interests in the Alba liquefied petroleum gas plant, Atlantic Methanol Production Co., and a liquefied natural gas production facility. Over the years, we’ve initiated and participated in social responsibility initiatives addressing critical health, social, education and other issues in E.G., including:
- Bioko Island Malaria Control Project (BIMCP), an innovative and successful approach to eradicating malaria
- Education, training and development of Equatoguineans to work in our facilities
- Efforts to improve maternal and infant health
- Support for E.G.’s participation in the Extractive Industries Transparency Initiative (EITI)
International E&P production averaged 105,000 net boed in fourth quarter 2018.
Through continued rigorous portfolio management, we are progressing a full exit from Kurdistan, which will mark the Company's ninth country exit in the last five years.
U.K. North Sea
In February 2019, the Company announced it had entered into a share purchase agreement through its subsidiaries for the sale of its U.K. businesses Marathon Oil U.K. LLC (MOUK) and Marathon Oil West of Shetland Limited (MOWOS). The transaction represents a complete country exit for Marathon Oil.
JOIN OUR TEAM IN E.G.
We’re looking for results-focused people with initiative to join our team in E.G. At Marathon Oil, you’ll be empowered to make a difference on the job, in your career and in the community.
Through hard work and innovative thinking, we’ve extended the life of the Brae field significantly beyond initial projections. However, the inevitable decline in reservoir performance is a reality, and we’re currently working toward Brae decommissioning.