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Category: Gambia

Category:
  • Gambia

Gambia says BP has agreed to pay $29.3 mln no-drill fee

The Gambian government said on Tuesday BP (BP.L) has agreed to settle a $29.3 million outstanding commitment to drill an exploration oil well in the West African country’s offshore A1 Continue Reading

Posted On : 11 Aug 2021 Published By : Tom Whipple
Category:
  • Gambia

Gambia Awards Disputed Offshore Oil Block To BP

The small West African country Gambia has awarded BP the exploration rights to drill for oil and gas in an offshore block which another company claims it has the rights Continue Reading

Posted On : 2 May 2019 Published By : Tom Whipple
Category:
  • Gambia

New funding surfaces for offshore Gambia

Up to $45 million in costs to drill a well off the Gambian coast is covered through a deal with Malaysian oil company PETRONAS, Australia’s FAR Ltd. said. PETRONAS, an Continue Reading

Posted On : 27 Feb 2018 Published By : Tom Whipple
Category:
  • Gambia

Gambia emerging as new oil frontier

West African explorer FAR Ltd. said Tuesday that an independent audit has uncovered at least 1 billion barrels of oil offshore Gambia. FAR Ltd., an Australian company with a strong Continue Reading

Posted On : 22 Nov 2017 Published By : Tom Whipple
Category:
  • Gambia

International arbitration sought over Gambian oil licenses

African Petroleum said its looking to international arbitration to protect its assets off the coast of Gambia. After hinting of trouble earlier this week, African Petroleum said it was now Continue Reading

Posted On : 19 Oct 2017 Published By : Tom Whipple

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