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Issue 423 - 24 September 2020

Gambia: PetroNor settles arbitration

Subscriber

Oslo-listed PetroNor has reached an out-of-court settlement with the government of Gambia on its dispute over the licences for blocks A1 and A4. African Petroleum, which merged with PetroNor in 2019, filed an arbitration case at the International Centre for the Settlement of Investment Disputes after the government cancelled the licences and awarded A1, which lies immediately to the south of Cairn Energy’s SNE and Fan discoveries offshore Senegal, to BP.

Gambia
Subscriber

The World Bank on 29 June approved $43m of additional financing for Gambia’s Electricity Restoration and Modernisation Project, which aims to support the country’s economic and political transition after 22 years of autocratic rule under former president Yahya Jammeh.The original project received $41m of funding in May 2018. The bank said the additional financing, in the form of a grant from the International Development Association, aims to scale up activities under the project, address a funding gap of $5m and finance new activities.

Gambia
Subscriber

TGS has announced completion of its Jaan 3D seismic survey collating over 28,000km2 of data in the MSGBC Basin offshore Senegal, Gambia and Guinea-Bissau. Jaan (the Wolof word for snake) is a long strip of seismic coverage consisting of more than 12,000km2 of new data plus recently reprocessed surveys designed to map the Cretaceous Palaeo shelf-edge trend in an area that has seen a number of recent discoveries.

Gambia | Guinea-Bissau | Senegal
Issue 414 - 01 May 2020

Gambia: TGS launches 3D survey

Subscriber

TGS announced on 17 April that it had begun acquisition of a 3D seismic survey offshore The Gambia using the BGP Prospector vessel. The 4,770km2 Gambito 2020 3D survey covers open acreage in deep and ultra-deep water where extensive basin-floor fans were identified in TGS 2D regional seismic grids. The survey will be adjacent to the 30,000km2 Jaan 3D multi-client seismic project, which extends from Senegal to Guinea.

Gambia
Subscriber

Australia’s FAR has contracted Shearwater GeoServices to carry out a 3D Isometrix seismic survey over part of Block A5 ahead of drilling planned on the company’s Gambia acreage later this year. Shearwater said the one-month survey would be acquired by the SW Amundsen vessel. It will provide new seismic over a shallow-water area and connect with existing seismic to provide full coverage of the block.

Gambia
Subscriber

The National Water and Electricity Company (Nawec) invites prequalification bids by 10 February for the design, supply, installation, and operation and maintenance of a solar PV plant with capacity of 15-20MW with battery energy storage at Jambur in the West Coast Region. The project, to be developed within the framework of the Gambia Electricity Restoration and Modernisation Project, is being co-financed by the World Bank and the European Investment Bank.

Gambia
Subscriber

National Water and Electricity Company has issued a general procurement notice for goods and services associated with the Gambia Electricity Access Project. The project, to be financed with grants from the African Development Fund and the African Development Bank’s Transition Support Facility TSF-Pillar 1, aims to increase access to electricity over four years from November 2019.

Gambia
Subscriber

The West African Power Pool secretariat in partnership with the government of The Gambia has invited expressions of interest by 28 October from consultants to undertake a feasibility study for a solar PV park with a total indicative capacity of 150MW with battery storage. The proposed project, which would be the country’s first utility-scale solar park, is earmarked for a 225-hectare site close to a 225/30kV substation under construction at Soma in the Greater Banjul area.

Gambia
Issue 401 - 11 October 2019

Gambia: FAR, Petronas increase stakes

Subscriber

Australia’s FAR and Malaysia’s Petronas have increased their stakes in blocks A2 and A5 following the liquidation of Erin Energy. FAR said on 1 October the government had issued new licences with updated terms, giving each company 50% in the licence. Terms include signature bonuses totalling $4.5m for the two licences, which have a three-year initial exploration period, plus two optional extension periods of two years each.

Gambia
Subscriber

BP has signed an agreement with the government to explore Block A1, which lies immediately to the south of Cairn Energy’s SNE and Fan discoveries offshore Senegal. Blocks A1 and A4 were previously licensed to African Petroleum, which has filed a case at the International Centre for the Settlement of Investment Disputes (ICSID) disputing the government’s cancellation of its licence.

Gambia
Issue 391 - 03 May 2019

Gambia: New energy projects

Subscriber

The European Investment Bank (EIB) is seeking a consultant to provide technical assistance for the Gambia Sustainable Energy Project. The €142m ($159m) project was launched in March with backing from the EIB, World Bank and European Union.The contract will include institutional support for the Ministry of Financial and Economic Affairs, as well as technical and economic activities such as feasibility studies, tariff studies, tender document preparation, evaluation of tenders, monitoring and supervision of construction, and market study support for grid integration.

Gambia
Subscriber

The European Union will provide E106m ($119m) for a clean energy programme to be implemented by National Water and Electricity Company. This includes E65m under a 25-year concessional loan from the European Investment Bank and a E41m grant from the European Union budget. The project will also be supported by E35.7m of financing from the World Bank. The project aims to develop a 20MW solar photovoltaic plant at Jambur near Banjul and 400km of distribution infrastructure.

Gambia
Subscriber

The National Water and Electricity Company has invited bids by 24 December for the construction of transmission infrastructure between the city of Brikama and the coastal resort of Kotu in the Greater Banjul area.

Gambia
Issue 381 - 22 November 2018

Gambia: Well fails

Subscriber

Australian explorer Far’s Samo-1 well on Block A2 has failed to find commercial hydrocarbons. Far said the well was drilled to 3,240 metres and had oil shows at several levels but the main target horizons were water-bearing. The Australian company had talked up the well’s potential ahead of drilling, describing it as on trend with the SNE field in Senegalese waters to the north.

Gambia
Subscriber

The National Water and Electricity Company seeks expressions of interest by 31 October from consultants to develop a strategic masterplan for the electricity sector. The study will assess current and future electricity demand and identify medium- and long-term investments in generation, transmission and distribution to meet forecast national demand and reliability standards. The contract is to be financed by the World Bank under the Electricity Restoration and Modernisation Project.

Gambia