By Miguel Artacho, Field Editor Guinea-Bissau has several offshore areas that hold good prospects for a variety of independent exploration and production (E&P) companies, as well as International Oil Companies (IOCs) that are currently operating in several of the MSGBC Basin countries including Sweden´s Svenska Petroleum, Norway´s PetroNor E&P and Australian-based FAR LTD – which is […]
By Miguel Artacho, Field Editor
Guinea-Bissau has several offshore areas that hold good prospects for a variety of independent exploration and production (E&P) companies, as well as
Guinea Bissau: AGC Authority to licence AGC Shallow block, offshore Guinea Bissau
06 Apr 2021
The
AGC Authority (Agence de Gestion et de Cooperation entre Le Senegal at La Guinee Bissau) with the support of
MGGS and
Domes Flore and
Dome Iris. All the above salt related features are located in the
AGC Shallow block which is now available for licensing.
Parties should register their interest by contacting the AGC Authority directly, MGGS or GeoPartners.
AGC Shallow Block
Located only 100 km away from the city of Bissau, AGC Shallow has water depths varying from 25m to 100m with the known oil at the Domes sitting in depths of 50m to 70m. A total of 14 wells exist on AGC Shallow, of which only one was drilled after the acquisition of 3D seismic data. The first 3D data was acquired in 1982 and re-shot in 2003. The most recent acquisition of 3D was in 2012.