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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...