Guinea: First bid round to launch in October

As Hyperdynamics prepares to start drilling Guinea’s second offshore well, the government has announced that the country’s first offshore licensing round will open in October. Office Nationale du Pétrole chief executive Diakaria Koulibaly told the Oil & Gas Council’s NOC Assembly in Paris on 12 June that Guinea was hoping recent discoveries offshore Senegal and Mauritania would encourage interest. He said the round would be open for six months from October 2017, with awards expected by October 2018. Companies will be able to submit bids on all open blocks.