FAR Gambia Ltd, a wholly-owned subsidiary of FAR Ltd has disclosed that drilling has commenced on the Bambo-1 exploration well in Block A2, offshore The Gambia. The Stena IceMax drillship arrived on site on 12 November Gambian time and after completing preparations, has successfully spudded the well. The Bambo-1 well is located approximately 85km offshore […]

The Ministry of Petroleum and Energy, The Gambia, has announced that it will be launching a mini-licensing round for Block A1 at Africa Oil Week on 8 November 2021. This follows the success of the licensing round for drill sites in 2018. Granted initially to BP in 2019, Block A1 became available in August this […]

Operational and logistics planning for the drilling of the Bambo-1 well in offshore Block A2 are well advanced and the IceMax drillship is scheduled to be in Las Palmas in late October to complete preparations and loading before mobilising to The Gambia. FAR has been advised that the spud date for the Bambo-1 well is […]

FAR Limited has locked in the timetable for drilling the Bambo-1 well offshore The Gambia by executing a contract with Stena Drillmax Ice Limited to commence drilling operations in Q4 of this year. The Bambo-1 well in Block A2 offshore The Gambia, is designed to drill into 3 prospects with a total estimated recoverable, prospective […]

FAR Gambia has said that Subsurface studies has continued through the first quarter of 2021 in support of the upcoming drilling of the Bambo-1 well, and more regional work aimed at quantifying resource potential and reducing risk on the additional prospects identified within the A2 and A5 blocks.  Processing of the seismic data acquired in […]

PetroNor E & P an independent oil and gas exploration and production company with a focus on production, development and exploration assets across sub-Saharan Africa, announces that the Company has reached a mutual agreement with the Government of The Gambia to settle its Arbitration related to the A1 and A4 licenses. Under the terms of […]

FAR Gambia Ltd, a wholly owned subsidiary of  FAR Ltd, has signed new Joint Operating Agreements (JOA’s) in respect of the A2 and A5 Blocks in The Republic of The Gambia, with PC Gambia Ltd a subsidiary of Petroliam Nasional Berhad, (PETRONAS ). This is reformation of the terms of the existing JOA’s by evolving […]

Welaptega continue bid to Wpush its global presence especially in the areas of FPSO inspection and maintenance has taken the company to Nigeria shore. The company has recently completed mooring inspection projects for FPSOs owned Eni and ExxonMobil in Nigeria. Welaptega undertook inspection services on ENI’s Abo FPSO, on the western edge of the Niger […]

TGS, a leading provider of multi- Tclient geoscience data for exploration & production (E&P) companies, has announced that it has fired the first shot in a 3D seismic survey it is undertaking offshore The Gambia. Under the cooperation of The Gambian Ministry of Petroleum & Energy (MOPE), the acquisition is being undertaken in conjunction with […]

FAR, Australia-based exploration and production company has acquired an additional 10% interest in the Blocks A2 and A5, located offshore the Republic of The Gambia. Sequel to this acquisition, the total working interest of the company is now expected to peak 50% interest and would retain the major operators of the blocks The interest is […]