BP to Pay $29.3 M No-Drill Fee to Gambia

• Wednesday, 11th August 2021
• by Fatma Ahmed

BP has agreed to pay $29.3 million to settle an outstanding commitment to drill an exploration well in the offshore A1 block in the West Africa, Reuters reported quoting the Gambian government spoksman. The Gambian go...

Gambia Signs $165m Electricity Project with China

• Thursday, 27th April 2017
• by

The Gambian Ministry of Petroleum, National Water and Electricity Company (NAWEC), and the Chinese company Sinohydro Corporation signed a $165m project aiming to construct a new HFO Power Plant with 60MW capacity in l...

CNOOC Teams Up with FAR to Search for Oil and Gas, West Africa

• Tuesday, 4th April 2017
• by

China’s CNOOC Ltd has agreed to collaborate with Australian minnow FAR Ltd to search for oil and gas prospects in what is considered to be en encouraging frontier off Senegal and Gambia over the next two years, ...

African Development Bank Commits $995,000 for Energy Access to Gambia

• Wednesday, 1st March 2017
• by Egypt Oil & Gas

The African Development Bank (AFDB)- managed Sustainable Energy Fund for Africa (SEFA) approved a $995,000-grant to the Republic of  Gambia to implement a program to facilitate private investments in Green Mini-Grids ...

African Petroleum to Cede Stake in Gambian Oil Discovery

• Monday, 19th September 2016
• by Egypt Oil & Gas

African Petroleum Company has signed a letter of intent (LOI) with an anonymous international exploration and production company in regards to interests in licenses A1 and A4, offshore Gambia, reported Offshore Energy...