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A significant donor to Teal independent campaigns is a wealthy investor who took part in a $45 million takeover bid for an oil and gas company with interests in Australia and Africa earlier this year.
Joint efforts by FAR and operator Petronor to farm down their interests in the Esperanca Blocks 4A & 5A and Sinapa Block 2 offshore Guinea-Bissau have been unsuccessful.
Offshore Exploration: The Future of Guinea Bissau’s Energy Sector Offshore Exploration: The Future of Guinea Bissau’s Energy Sector The underlying offshore exploration potential of Guinea-Bissau has long been recognized given the country’s functional hydrocarbon system, good potential reserves, and several drillable prospects in a vast shallow water shelf setting. According to the country’s national oil company Petroguin, Guinea-Bissau authorized international businesses to begin prospecting for hydrocarbons in 11 offshore blocks where oil is likely to exist since October last year. I...
Offshore Exploration: The Future of Guinea Bissau's Energy Sector (By Jasser Hammami) News Provided By Share This Article By Jasser Hammami, Field Editor The underlying offshore exploration potential of Guinea-Bissau has long been recognized given the country’s functional hydrocarbon system, good potential reserves, and several drillable prospects in a vast shallow water shelf setting. According to the country’s national oil company Petroguin, Guinea-Bissau authorized international businesses to begin prospecting for hydrocarbons in 11 offshore blocks where oil is likely to exist since Oc...