Middle East / Africa

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Country summary: Gambia

energy-pedia opportunities - Gambia:
Current deals: 2
Licensing articles: 13
Completed deals: 7

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Gambia - recent news

18 Nov 22
Gambia: PetroNor E&P renews A4 Licence offshore The Gambia
PetroNor has decided to exercise its right to continue with the Petroleum, Exploration, Development and Production Licence Agreement ('PEPLA') for the A4 licence in The Gambia.
19 Oct 22
Gambia: PetroNor receives one month extension of Longstop date for the A4 Licence offshore the Gambia
PetroNor has received an additional 30 day extension to the Longstop date of the A4 Licence option in order to provide time for finalisation of plans regarding the future of the Licence, including ongoing discussions with potential partners.
26 Aug 22
Gambia: FAR takes 100 per cent ownership in The Gambia Blocks A2 and A5
FAR has acquired an additional 50% interest in Blocks A2 and A5 offshore The Republic of The Gambia, giving FAR a 100% working interest. The interest was acquired from a subsidiary of PETRONAS. FAR has initiated a process to find partners to fund the forward exploration programme.
29 Mar 22
Gambia: FAR to retain Woodside Contingent Payment for Senegal asset and seeks farmout of its Gambia licences
FAR has determined that retaining the Woodside Contingent Payment for its Senegal asset within FAR is more effective than demerging the payment into a new entity. FAR is now focused on strategies to maximise the value of its exploration portfolio in The Gambia, including farm-out options or outright sale.
21 Feb 22
Gambia: FAR provides update on Blocks A2 and A5 offshore The Gambia
FAR Limited has completed a review of the prospectivity of the A2 and A5 blocks offshore The Gambia, following the Bambo drilling campaign in late 2021. FAR will commence a farm-down of its interest in blocks A2 and A5 and in doing so, seek a carry on the cost of a well for drilling in late 2023 and a contribution to FAR’s past costs.

Gambia - more news




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