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Springfield Exploration and Production (SEP) Limited, Ghana National Petroleum Corporation (GNPC) and the Government of Ghana will very soon, officially announce details of its maiden Afina-1 well discovery in the West Cape Three Points Block2, offshore Ghana. Afina-1 which is located at a water depth of 1030 metres was drilled to a total depth of 4082 metres and encountered light oil with a gross thickness of 65 metres, with 50 metres light net oil pay in good quality Cenomanian sandstones.…

Country gives February closing date for submission of interest in blocks The government of Sierra Leone has set February 28 as the closing date for submissions of interest from suitors keen to acquire an upstream position in the current 4th Licensing Round. “There will be a brief three-month period of evaluation and it is hoped awards may emerge from mid-year, according to Petroleum Directorate Director General Timothy Kabba. Sierra Leone enjoys a 402 kilometre long coastline and all offshore acreage…

Senegal has launched its licence round the Africa Oil Week conference in South Africa, although it faces criticism from one company for offering a disputed block. Senegalese Minister of Petroleum and Energy Mouhamadou Makhtar Cisse officially opened the bidding process on 12 blocks in Senegal. There will be follow up roadshows in Houston and London. At this point, companies will be able to submit bids over the following six months, closing at the end of July. There are two objectives…

Horizon interpretation has been completed on the CDI MegaSurvey providing an unprecedented opportunity to understand the regional distribution and extensive potential of the turbiditic sandstones offshore Côte d’Ivoire.  Côte d’Ivoire is a well-established petroleum province, particularly in the eastern areas. Exploration is now moving into the more frontier region of the western Côte d’Ivoire Basin. To support these efforts, PGS in partnership with Petroci and Direction Générale des Hydrocarbures, has created a fully matched and merged contiguous dataset comprising full…

FAR Gambia Ltd, a wholly owned subsidiary of FAR Ltd (ASX: FAR) has completed detailed geotechnical studies incorporating the Samo-1 well results and data, and have assessed significant hydrocarbon resource potential in its two blocks offshore The Gambia. The Blocks A2 and A5, covering 2,682km2, are adjacent to and on trend with FAR’s world class SNE oil field. A2 and A5 are located within the rapidly emerging and prolific Mauritania-Senegal-Gambia-Bissau-Conakry (“MSGBC”) Basin in water depths ranging from 50 to 1,500…

Vale Media Group (VMG), the African Oil & Energy B2B event company, is attending ADIPEC 2019 and will be represented by our Co-Founder & CEO, Daniel Maggs. Daniel will be onsite in Abu Dhabi catching up with our Middle East & Africa clients, new and old, discussing plans for the 6th Annual Upstream West Africa Summit 2020. http://www.upstreamwestafrica.com/register

Following on from news last week that the official invitations had been sent to the National Oil Company community across West Africa ahead of the 6th Annual Upstream West Africa Summit 2020, VMG Co-Founders had the opportunity to catch up with Yaya Barrow, Managing Director, GNPC The Gambia, to map out the next steps in the pre-event marketing & collaboration for the hotly anticipated #USWA20 summit which is taking place next June 17th – 18th 2020 in Banjul, The Gambia,…

Vale Media Group (VMG), the African Oil & Energy B2B events company, announced today that our partners, The Gambia National Petroleum Corporation, GNPC, has actioned the official invitations to the CEOs & Managing Directors from the National Oil Company community from across West Africa, ahead of the highly anticipated 6th edition of the popular Upstream West Africa Summit 2020, marking the 1st international Upstream Oil & Gas event in The Gambia, which is taking place next June 17th-18th 2020 in…

CNOOC West Africa Petroleum has signed an agreement to acquire a 55.55% participating interest in the Sinapa and Esperanca petroleum licences located offshore Guinea-Bissau from Svenska Petroleum Exploration. Svenska’s wholly-owned subsidiary SPE Guinea Bissau operates Block 2, the Sinapa Licence, and Blocks 4A & 5A, the Esperança Licence. FAR and Empresa Nacional de Pesquisa e Exploração Petrolíferas are the other co-venturers in these licences. Following the transfer of interest, FAR will retain its 21.42% participating interest in each of the…

Source: Reuters Senegal has delayed the launch of an oil and gas licensing round due on Wednesday until Nov. 4 as contract documents still need to be finalised, oil minister Mahamadou Makhtar Cisse said. “We need to ensure the legal framework for investors,” he told Reuters on the sidelines of an oil and power conference in Cape Town. Senegal’s ambitions to become a major oil and gas producer have been overshadowed by allegations President Macky Sall’s brother was involved in…