Oil and Natural Gas in Gambia

Oil and Natural Gas Home

  • Amerada Hess (80 percent interest) and Sterling Energy plc (20 percent) hold the rights to The Gambia's Deepwater PPL Block. The license has been issued for six years and the companies are currently finalizing interpretation studies and evaluating options for a 3D seismic data acquisition.
  • In July 2005, The Gambia awarded Philippine National Oil Company (PNOC) one of The Gambia’s six oil exploration blocks. The Gambia gave the award to PNOC without tender, or a technical review of the company’s capabilities.

No comments: