Africa Oil & Gas: Offshore oil miss fails to dent Gambian optimism
The West African country’s most recent effort to find offshore oil came up short, but explorers hope to drill more wells in 2019
Read MoreThe West African country’s most recent effort to find offshore oil came up short, but explorers hope to drill more wells in 2019
Read MoreFar Limited reports that the Samo-1 exploration well in block A2, offshore The Gambia has been drilled to a total depth of 3240m and wireline logging is nearing completion. The well operations to date have been conducted safely, efficiently, ahead of schedule and within budget.
Read MoreNorwegian seismic specialist TGS will begin a new 3D multi-client project named Jaan in the early fourth quarter of 2018.
Read MoreSenegal President Macky Sall this week welcomed Eni chief executive Claudio Descalzi in the capital Dakar, fuelling widespread speculation that the Italian major is set to obtain an upstream position in the country.
Read MoreInvestor interest is peaking in the West African oil sector, just as Gambia’s government fears getting bogged down in lengthy and costly arbitration processes; it may seek a negotiated solution to speed up development.
Read MoreAs Gambia urban areas continue to be confronted with recurrent power and water shortages, the state-owned National Water and Electricity Company (NAWEC) has announced major power deal with Turkish firm Karapowership, a member of the Istanbul-based Karadeniz Energy Group.
Read MoreInternational interest in offshore oil deposits has thrown the spotlight on Gambia’s ongoing squabble with African Petroleum.
Read MoreIndependent oil and gas company African Petroleum (AP) is waiting for the appointment of the arbitrators in arbitration proceedings against the Gambian government related to the company’s interest in A1 and A4 offshore licenses.
Read MoreIndependent oil and gas company African Petroleum (AP) is waiting for the appointment of the arbitrators in arbitration proceedings against the Gambian government related to the company’s interest in A1 and A4 offshore licenses.
Read MoreAustralian oil and gas company FAR Ltd has signed a farm-out agreement with a subsidiary of Petronas to assign a 40% interest in each of the offshore petroleum licenses, Blocks A2 and A5 in The Gambia.
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