Middle East / Africa

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Country summary: Guinea Bissau

energy-pedia opportunities - Guinea Bissau:
Current deals: 1
Licensing articles: 7
Completed deals: 7

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Guinea Bissau - recent news

29 Jun 23
Guinea Bissau: PetroNor farms out exploration licences in Guinea-Bissau for up to USD 85 million
PetroNor E&P, has entered has entered into a binding agreement to farm-out 100 per cent of its participating interest in the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) exploration licences offshore Guinea-Bissau to an SPV owned by Apus Energy DMCC, a subsidiary of Petromal.
18 May 23
Guinea Bissau and Eni to start collaboration in the areas of exploration, natural climate solutions, agriculture, sustainability, and health
The Government of Republic of Guiné Bissau and Eni signed a Memorandum of Intent (MoI) to explore potential areas of collaboration in the areas of exploration, nature- and technology-based climate solutions, agriculture, sustainability, and health.
15 Mar 22
Guinea Bissau: FAR announces Guinea Bissau withdrawal
FAR Limited has commenced steps to withdraw from its interests in the Esperanca Blocks 4A & 5A and Sinapa Block 2 offshore Guinea Bissau. Joint efforts by FAR and operator Petronor to collaboratively farm-down have been unsuccessful.
26 Apr 21
Guinea Bissau: PetroNor provides an update on its purchase of SPE Guinea Bissau
PetroNor has provided an update on its previously announced purchase of SPE Guinea Bissau AB. PetroNor will assume 78.57% interest as Operator of the Sinapa (Block 2) and Esperanca (Blocks 4A and 5A) licences in Guinea-Bissau, which have been extended for 3 years. Drilling activity is planned in 2021/22.
06 Apr 21
Guinea Bissau: AGC Authority to licence AGC Shallow block, offshore Guinea Bissau
The AGC Authority (Agence de Gestion et de Cooperation entre Le Senegal at La Guinee Bissau) with the support of MGGS and GeoPartners, has announced the start of the promotion of the block containing the oil discoveries at Domes Flore and Gea and the exploration prospect at Dome Iris. All the above salt related features are located in the AGC Shallow block which is now available for licensing.

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