Licensing round March update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Open rounds Gambia’s Ministry of Petroleum & Energy has launched its 2022 licensing round for offshore block A1. The block was initially granted to BP in 2019, following the 2018 licensing round, but was relinquished in August 2021 when the major exited after performing the minimum required work obligations and paying $29.3mn not to drill an exploration well. “The government wishes to seize this opportunity to thank BP for their strong collaboration during the past two years and their excellent technical work on the block. We are excited to open our doors again to the international oil community and look forward to working with a new partner in block A1,” says Fafa Sanyang, minister of p
Also in this section
29 October 2024
After some delay, the much-heralded sale of oil and gas companies’ mature upstream assets in sub-Saharan Africa has gained fresh momentum, with a clutch of deals reaching completion
27 October 2024
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
25 October 2024
Trader sees potential for M&A as oil prices come down, says chairman Torbjorn Tornqvist
24 October 2024
Producers in the region see significant gains to be made by boosting output using the infrastructure already in place
