BP PETROLEUM EXPLORATION LICENCE FOR BLOCK A1

The Ministry of Petroleum and Energy of the Republic of The Gambia (“MOPE”) responsible for administration and regulation of petroleum operations in The Gambia, is also mandated to grant licences for Petroleum Exploration, Development and Production, by the Petroleum Act, 2004.

The MOPE in 2017, initiated a process to licence open exploration blocks through a Licensing Round. Funding for the process was secured from the African Legal Support Facility and a multisectoral Committee was set up to assist MOPE manage the process. This Committee was supported by a Consortium of Law Firms, International Financial Consultants and Industry Technical Experts.

General Staff Meeting Report

The Gambia National Petroleum Corporation (GNPC) held its second general quarterly staff meeting on Friday the 28th of June at the Petroleum House in Brusubi.  The purpose of this meeting was to have an open forum where staff would be able to get together from time to time to talk about progress, challengesand ways to further improve the Corporation’s performance.

The Gambia to Host its 1st International Upstream Oil & Gas Event.

Banjul / London 18thJuly 2019

 

The Gambia to Host its 1st International Upstream Oil & Gas Event.

 

The Gambia National Petroleum Company (GNPC) announced today that it has signed a Memorandum of Understanding (MOU) with Vale Media Group (VMG), the African Oil & Energy B2B events company, to partner together to co-host the 6th Annual Upstream West Africa Summit 2020, which will take place between the 16th– 18th June 2020 in the capital city of Banjul, The Gambia, marking the inaugural International Upstream Oil & Gas event for the West African country.

 

The MoU covers a comprehensive programme for both parties to engage in, from pre-event planning, PR & marketing, establishing a USWA content committee to allow engagement with key stakeholders from the International Upstream Oil & Gas community, through to onsite event execution and post event follow up, to ensure the 6th Annual Upstream West Africa summit is delivered to the highest standards.

 

 

Yaya Barrow, Managing Director, Gambia National Petroleum Company commented“GNPC Gambia is upbeat about this event. For the first time in the institution’s history and in general in the annals of The Gambia, a major international conference in oil and gas is being hosted by the country.

The Gambia National Petroleum Corporation (GNPC) and British Petroleum (BP) JOA Signing

Gambia National Petroleum Corporation and British Petroleum Exploration (Gambia) Ltd, on Tuesday 23rd July 2019 signed a Joint Operating Agreement for Block A1 License. This JOA marks the first involvement of the National Oil Company as partner on an oil license in the history of The Gambia. GNPC as Government Licensee has been assigned a 10% Participating Interest in the license. The JOA defines the operational boundaries of the BP-GNPC relationship.

PRESS RELEASE - LICENSING OIL EXPLORATION BLOCK A1

The Ministry of Petroleum & Energy of The Republic of The Gambia is pleased to announce the official licensing of Offshore Block A1 to BP Exploration (Gambia) Ltd. a subsidiary of BP Exploration Operating Company Limited. This license provides the necessary legal framework for the Exploration of the A1 acreage, the eventual development of fields (upon the discovery of hydrocarbons) and the ultimate production of Oil and/or Gas from Block A1.

The License was signed by the Minister of Petroleum and Energy, Honourable Fafa Sanyang, witnessed by key government stakeholders and the Executive delegation from the British Petroleum (BP) Company at the Ministry’s office Conference Hall, 8th Floor of Petroleum House, Brusubi Roundabout.

HEADQUARTERS
PETROLEUM HOUSE

POSTAL ADDRESS

P.O BOX 1654
BANJUL
BRUSUBI, TURN-TABLE
THE GAMBIA
WEST AFRICA

TEL:(+220) 74 88777

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