Search results for: guinea-bissau

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  • 5 May 2015

    Wave Electricity Renewable Power Ocean (WERPO) has signed an agreement with the government of Guinea-Bissau for the development of a 500MW sea wave power plant along the coastline of Guinea-Bissau at a value of $500 million. The Project will be a Joint Venture with the Government of Guinea-Bissau whereas the Government will have a 30% […]

  • 16 July 2014

    EU Fisheries Commissioner Maria Damanaki has met with the newly appointed Prime Minister from Guinea Bissau, Mr. Domingos Simões Pereira, and the country’s Secretary of State for Fisheries, Mr. Idelfonso de Barros, to discuss the bilateral and strategic cooperation in fisheries matters between the EU and Guinea Bissau.   Commissioner Damanaki and Prime Minister Pereira […]

  • 5 May 2015
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    WERPO has signed an agreement with the Government of Guinea-Bissau, West Africa, for the development of a 500 MW wave power plant off the county’s coastline. The USD 500 mln agreement has been signed for creating a joint venture between the Government of of Guinea-Bissau and WERPO. The Guinea-Bissau government will have a 30 percent partnership […]

  • 11 November 2014
    Operations & Maintenance

    Cap Energy announces that a 3D seismic survey on the Block 5B, offshore Guinea-Bissau, started on November 04, 2014. The contract was awarded to Polarcus Limited and will cover an area of circa 2,673 km2 over the Block. The survey is expected to take approximately two months to complete, after which the results will be processed and […]

  • 11 November 2014

    A 3D seismic survey on Cap Energy Plc’s Block 5B, offshore Guinea-Bissau, started on November 4, 2014.     The contract was awarded to Polarcus Limited and will cover an area of circa 2,673 km2 over the Block. The survey is expected to take approximately two months to complete, after which the results will be processed and […]

  • 1 May 2014
    Business & Finance, Project & Tenders

    FAR Limited and Svenska Petroleum Exploration, a Joint Venture partners, have reported that in response to the ongoing elections in Guinea Bissau, the Joint Venture has postponed plans to drill the first well until March 2015. FAR and its Joint Venture partner Svenska Petroleum Exploration AB have approved a work program and budget which includes […]

  • 5 August 2013

    Svenska Petroleum Exploration Guinea Bissau AB (Svenska) has engaged AGR Well Management Limited (AGR) to plan, manage and execute their upcoming exploration campaign offshore Guinea Bissau. Global oil services provider AGR has signed a contract with Svenska to deliver Well Management services for Svenska’s offshore Guinea Bissau drilling campaign. The contract involves provision of full Well Management and associated services, including drilling engineering […]

  • 28 October 2014
    Business & Finance, Operations & Maintenance

    Cap Energy is working to progress its interests in Guinea-Bissau. Sitting in the same basin as the Senegal assets, the prospective leads are distributed across a carbonate shelf that passes abruptly to deeper water to the west. As the deepwater geology of Cap’s Block 5B (BECUDA) is analogous to that of the FAN-1 location in Senegal, […]

  • 6 August 2019

    The JV is preparing to drill the first ever deepwater exploration well offshore Guinea-Bissau in 2020.

  • 28 October 2014
    Equipment, Project & Tenders

    Cap Energy has informed that it is working to progress its interests offshore Guinea-Bissau, West Africa, by conducting a 3D survey scheduled for November, 2014.  Sitting in the same basin as the Company’s Senegal assets, the prospective leads are distributed across a carbonate shelf that passes abruptly to deeper water to the west. As the deepwater […]

  • 25 August 2017

    The government of Guinea-Bissau has approved FAR Limited’s equity increase and change in terms for the country’s offshore licenses. The Australian oil and gas company  informed on Friday it has received official confirmation that the increase in equity and amendments to the Guinea-Bissau licenses announced on April 4, 2017, have been approved by Government Decree. These changes […]

  • 13 March 2019

    Swedish oil company Svenska Petroleum is getting ready to spud Guinea Bissau’s first ever deepwater offshore well.

  • 9 June 2017

    Bissau Exploration Company has signed a joint venture participation agreement with the national oil company Petroguin for petroleum exploration, development and production in the area of Block 4B, offshore Guinea-Bissau.  Bissau Exploration is a wholly owned subsidiary of GeoPartners Limited of the UK, and has been established specifically to assist the national oil company in accelerating the […]

  • 18 February 2016

    Australian LNG operator Woodside said Thursday it has entered into an agreement with UK-based Impact Oil & Gas to buy exploration acreage offshore Senegal and Guinea-Bissau. Under the deal, Woodside will acquire a 65% participating interest in a production sharing contract (PSC) and associated joint operating agreement in the AGC Profond block located in the joint […]

  • 9 October 2014
    Business & Finance

    The FAN-1 oil discovery offshore Senegal announced by Cairn Energy and its joint venture partners on 07 October is exciting news for companies exploring this northwest African shelf. The basic play model is similar along the entire paleo continental shelf edge from Senegal to Guinea-Bissau and the discovery proves up the existence of a petroleum […]

  • 28 June 2011
    Business & Finance

    Rocksource ASA  announced today that drilling of the Kora-1 well has commenced on the AGC Profond PSC, offshore Senegal and Guinea Bissau. The AGC Profond PSC covers the deepwater area (9,838 sqkm) that is jointly administered by Senegal and Guinea Bissau. The AGC Profond PSC partnership consists of Ophir Energy plc (Operator, 44.2 per cent), […]

  • 4 April 2017

    Australian oil company FAR Limited has been given more interest in licenses offshore Guinea-Bissau as well as an extension of the license periods.  Negotiations have concluded with the National oil company of Guinea-Bissau, Petroguin, to revise the terms of both the Sinapa and Esperanca licenses to which FAR has interests. According to FAR’s statement on Tuesday, […]

  • 5 August 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Svenska Petroleum Exploration Guinea Bissau AB (Svenska) has engaged AGR Well Management Limited (AGR) to plan, manage and execute their upcoming exploration campaign offshore Guinea Bissau. Global oil services provider AGR has signed a contract with Svenska to deliver Well Management services for Svenska’s offshore Guinea Bissau drilling campaign. The contract involves provision of full […]

  • 13 September 2018

    Norwegian seismic specialist TGS will begin a new 3D multi-client project named Jaan in the early fourth quarter of 2018.

  • 9 October 2017
    Business & Finance

    An emerging pattern of labour rights violations has allegedly been found at Philippine-based terminal operator International Container Terminal Services (ICTSI), according to an analysis conducted by International Transport Workers’ Federation (ITF). The ITF claims that the report shows that labour issues at ICTSI terminals are not limited to current disputes at ICTSI terminal in Madagascar and Indonesia, but […]

  • 18 October 2010
    Business & Finance

    Ophir Energy plc (Ophir) announced that a Heads of Agreement (Agreement) has been entered into with ASX-listed FAR Limited (FAR). The Agreement enables FAR to immediately acquire a 10% interest in the AGC Profond PSC offshore Senegal and Guinea Bissau and gives Ophir the right to acquire a 25% interest in FAR’s three Senegalese licences. […]

  • 18 February 2016
    Business & Finance

    Woodside has entered into an agreement with Impact Oil & Gas AGC Ltd to acquire a 65% participating interest in a Production Sharing Contract (PSC) and associated joint operating agreement in the AGC Profond block located in the joint development area between Senegal and Guinea-Bissau.  The AGC Profond PSC covers approximately 6,700 km² and its water depths range […]