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Oil and Gas
Fuel Supply Stabilized: Ministry Confirms Arrival and Distribution of Gasoline
Nani Juwara, Minister of Petroleum, Energy, and Mines
By Buba Gagigo
The Ministry of Petroleum, Energy, and Mines has confirmed the arrival and distribution of gasoline following a temporary shortage…
UDP Wants To Give Subventions To Madrasas, If Elected
Ousainu ANM DarboeUnited Democratic Party
By Buba Gagigo
The United Democratic Party (UDP) leader Lawyer Ousainu ANM Darboe has expressed his party’s intention to give subvention to Madrasas, if elected as president next month.
…
‘Offshore Gambian blocks could hold 1.2 bln barrels of oil’
FAR Ltd, an Australian company involved in prospecting Gambia’s offshore oil wells said on Thursday that its two offshore blocks could potentially hold 1.2 billion barrels of oil.
FAR operates and owns 50% of the two offshore licences.…
Australia’s FAR increases stake in 2 Gambian offshore blocks
An Australian Oil and gas explorer, FAR Ltd, said on Tuesday it bought an additional 10% interest in two offshore blocks off Gambia. The recent acquisition gives the company a 50% working interest and operatorship of the project.
The…
FAR given six months to assess offshore Gambia well results
The government of The Gambia has confirmed a six-month extension to the current license for offshore blocks A2 and A5 to the end of June 2019.
According to operator FAR, this will allow sufficient time to fully evaluate results from the…
Offshore oil miss fails to dent Gambia’s hope
Gambia’s most recent effort to find offshore oil came up short, but explorers hope to drill more wells in 2019
The first offshore well drilled in The Gambia in four decades found more water than oil and has been abandoned. But both the…
Far given six-month extension to evaluate results
The Australian oil company that has been granted license to test-drill Gambia’s prospective oil wells blocks A2 and A5 has been granted approval for a six-month extension to do a thorough evaluation of the SAMO-1 results, said a press…
A miss: Far’s first Gambia test drill finds nothing
Oil explorer FAR’s company-making first well in The Gambia has failed, and its shares are diving, reported Upstream on Friday morning.
The well is the offshore Samo-1, which analysts at Canada-based bank Canaccord Genuity described last…
Gambia Gov’t reveals shares in oil deal with foreign companies
Press release:
Contrary to widespread rumors on social media that oil drilling has begun in The Gambia, The Gambia government makes it categorically clear that the allegations are totally false, they lack merit and constitute a total…
FAR to drill first Gambia well in October
Next month, Africa-focused ASX-listed oil and gas explorer FAR expects to spud the first well off the coast of Gambia in 40 years.
Upstream oil and gas news site reported on Thursday that the drillship Stena DrillMAX is expected to start…