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

GUINEA BISSAU: Independent E&P Companies, IOC´s Unlock Prospective Offshore MSGBC Acreage

By Miguel Artacho, Field Editor Oil and gas investors with an interest in Africa have made significant investments in some of the countries of the MSGBC Basin – which comprise Mauritania, Senegal, … Read More

FAR Provides Quarterly Operations Update

RSSD (Rufisque, Sangomar and Sangomar Deep) Senegal The Rufisque, Sangomar and Sangomar Deep (‘RSSD’) Joint Venture continued to progress construction activities for the Sangomar Field Development. The construction of the … Read More

FAR Limited Provides Half Yearly Report

The Group reported a loss for the half year ended 30 June 2020 of $21,238,324 (30 June 2019 – $7,553,696 loss). The increased loss of $13,684,628 during the current half … Read More