GUINEA BISSAU: PetroNor Completes Farm-down to Apus Energy for the Sinapa (Block 2) & Esperanca (Blocks 4A & 5A) License

PetroNor E&P has confirmed the completion of the Guinea Bissau farm-down transaction which was announced on 27th June over the Christmas holiday period, Apus Energy DMCC (APUS) initiated the payment … Read More

GUINEA BISSAU: PetroNor E&P Enters Farm-out of Exploration Licences for upto $85 million

PetroNor E&P AB, a wholly owned subsidiary of PetroNor E&P has entered into a binding agreement to farm-out 100 per cent of its participating interest in the two exploration licences … Read More

GUINEA BISSAU: Sinapa (Block 2) & Esperança (Blocks 4A and 5A) licences Extended for 3 years

The Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licences in Guinea-Bissau have been extended for 3 years and are valid until 2 October 2023 during which time there … Read More

Tanzania Hopes for FID on its Offshore LNG Projects as Discussions with IOCs Commence

Tanzania through its Minister for Energy January Makamba has reported that the government has started negotiations for the $30bn Tanzania LNG project with international oil companies including and Shell, Equinor, … Read More

FAR Provides Update for Senegal, Gambia, Guinea-Bissau and Kenya

Senegal Rufisque, Sangomar and Sangomar Deep (RSSD) (FAR 15% Working Interest) Over the past three months, the Operator has been undertaking a program to rescope, reschedule and reprice the Sangomar … Read More