Search results for: African Petroleum Gambia Limited

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  • 14 March 2014
    Business & Finance

    African Petroleum Corporation Limited has announced that its wholly owned subsidiary African Petroleum Gambia Limited has lodged Requests for Arbitration with the International Centre for the Settlement of Investment Disputes. The request is in relation to The Republic of The Gambia’s notification of the purported termination of AP Gambia’s exploration licences over Blocks A1 and […]

  • 28 November 2014
    Business & Finance, Project & Tenders

    African Petroleum Corporation has entered into an agreement with The Government of the Republic of The Gambia to reinstate the company’s Alhamdulilah Licence Block A1 and Licence Block A4 (the “Gambia Licences”), and settle all prior issues concerning the Gambia Licences including the discontinuation of arbitration proceedings. To remind, the Gambia in January terminated the […]

  • 18 October 2017

    Oslo-listed independent oil and gas company African Petroleum (AP) has started arbitration proceedings “to protect its interests” related to its licenses offshore The Gambia.  According to its statement on Wednesday, the company’s subsidiaries, African Petroleum Gambia Limited and APCL Gambia B.V have lodged Requests for Arbitration (RFA) documents with the International Centre for the Settlement […]

  • 8 March 2018

    Independent oil and gas company African Petroleum (AP) is waiting for the appointment of the arbitrators in arbitration proceedings against the Gambian government related to the company’s interest in A1 and A4 offshore licenses.  In the case against the government of Gambia, African Petroleum’s subsidiaries African Petroleum Gambia Limited and APCL Gambia B.V in October 2017 lodged […]

  • 18 October 2017

    Ghana and Ivory Coast have committed to ensure that the recent ruling by an international court on the maritime dispute between the two nations be smoothly implemented. To help achieve the implementation of the court ruling, the two countries have established a joint committee Joint Committee for the Implementation of the ITLOS judgement and indicated […]

  • 25 January 2012
    Business & Finance

    CAMAC Energy Inc., a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced that it has entered into an agreement with the Gambian Ministry of Petroleum (on behalf of the Government of the Republic of The Gambia) on the provisional award of two offshore exploration blocks, A2 and A5, […]

  • 30 May 2019
    Business & Finance

    With the continued uncertainty related to AP’s blocks in The Gambia and Senegal, the transaction will bring much-needed stability

  • 29 November 2011
    Business & Finance

    African Petroleum Corporation Limited has been awarded two Exploration Permits in Senegal over two offshore blocks: Rufisque Offshore Profond and Senegal Offshore Sud Profond. African Petroleum Corporation Limited , a West African focused oil and gas exploration company, has been awarded two offshore exploration permits in Senegal covering two blocks: Rufisque Offshore Profond and Senegal […]

  • 23 March 2012
    Business & Finance, Operations & Maintenance

    African Petroleum Corporation Limited, a West African focused oil and gas exploration company, announces that its wholly owned subsidiary, African Petroleum Côte d’Ivoire Limited, has entered into an agreement with the Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire and the Republic of Côte d’Ivoire to acquire one offshore exploration permit covering block CI‐509. Key […]

  • 29 November 2011
    Business & Finance, Operations & Maintenance

    African Petroleum Corporation Limited, a West African focused oil and gas exploration company, announces that its wholly owned subsidiary, African Petroleum Senegal Limited, has entered into an agreement with the Société des Pétroles du Sénégal  and the République du Sénégal to acquire two offshore exploration permits covering two blocks: Rufisque Offshore Profond and Senegal Offshore […]

  • 11 January 2012
    Business & Finance

    African Petroleum Corporation Limited, an oil and gas company focused on exploration in West Africa region, has entered into an agreement with PETROCI and the Republic of Côte d’Ivoire to acquire one offshore exploration permit covering block CI-513 (“Permit”). The block is located in the Western Offshore area of Côte d’Ivoire, with a total surface […]

  • 23 March 2012
    Business & Finance

    African Petroleum Corporation Limited, a West African focused oil and gas exploration company on Wednesday signed an agreement with the Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire (“PETROCI”) and the Republic of Côte d’Ivoire to acquire one offshore exploration permit covering block CI‐509. The CI-509 block is located in the Western Offshore area of […]

  • 8 January 2013

    African Petroleum Corporation Limited started drilling the Bee Eater-1 well in Block LB-09 offshore Liberia on the 4th January 2013 with Ocean Rig’s semi-submersible rig, the Eirik  Raude. The Bee Eater-1 well is located 9.5 km north west of the 2012 Narina discovery which discovered high quality oil in Turonian reservoirs. The Bee Eater – […]

  • 22 August 2017

    Independent oil and gas company African Petroleum (AP) has refuted media claims that its Gambian offshore licenses have expired and are up for grabs for interested parties. According to Premium Times, The Gambia’s presidential spokesperson, Amie Bojang, told the media that African Petroleum’s rights to explore in two offshore Gambian oil blocks have expired and are currently […]

  • 20 July 2017

    African Petroleum (AP) has allowed for its exclusivity agreement with an unnamed oil and gas company, covering the farm-out of the SOSP license in Senegal and the A1 and A4 licenses in The Gambia, to lapse while hoping to resolve the uncertainty over its position in The Gambia early next month.  African Petroleum holds a 90% operated […]

  • 3 May 2019

    Oil major BP has struck an offshore exploration deal with the Gambian government in a disputed block previously held by African Petroleum Corporation.

  • 31 July 2012
    Business & Finance

    FAR Limited (FAR), an independent Australian Securities Exchange listed oil and gas explorer with high impact assets in West and East Africa has announced quarterly report for the period from 1 April 2012 to 30 June 2012 with the cash balance of $33.7M. FAR also announced the completion of 3D seismic survey over the L6 […]

  • 28 August 2018
    Exploration & Production

    The Government of The Republic of The Gambia has approved the assignment by FAR Gambia of a 40% interest in petroleum licences for offshore Blocks A2 and A5 to a subsidiary of Malaysia’s Petronas. 

  • 14 August 2017

    Independent oil and gas company African Petroleum (AP) is still waiting for clarity on its Gambian offshore licenses situation. African Petroleum holds a 100% operated working interest in offshore licenses A1 and A4 in The Gambia. To remind, reports emerged in early July that the Gambian government had ended talks with AP for the extension of […]

  • 23 August 2019
    Business & Finance

    African Petroleum has crossed the final hurdle ahead of its proposed merger

  • 5 September 2016
    Business & Finance

    African Petroleum, an independent oil and gas exploration company, has signed a Letter of Intent (LOI) with an undisclosed international exploration and production company regarding Licenses A1 and A4, offshore Gambia.  The company said that the LOI represents a non-binding commercial proposal regarding the possible acquisition of interests in Licenses A1 and A4 where African […]

  • 16 October 2017

    African Petroleum, an independent oil and gas company, is looking to enter the second renewal period at the Senegal Offshore Sud Profond (SOSP) production sharing contract (PSC).  AP, which holds 90% interest in the SOSP, entered into the first renewal period for the PSC in December 2014 and this term is due to end on […]