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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...

Drilling of Blocks 2 and 4A & 5A offshore Guinea Bissau to start this year Modified date: Drilling works for Blocks 2 and 4A & 5A offshore Guinea Bissau under the Sinapa and Esperança Licences respectively are set to take place between the end of this year (2021) and next year (2022) according to PetroNor E&P, a full-cycle Africa-focused independent oil and gas exploration, and production (E&P) company. The Norwegian company made the announcement while providing an update on its acquisition transaction of SPE Guinea Bissau AB (“Svenska GB”), a wholly-owned subsidiary of Svenska Petroleu...