Africa Monitor

Africa Monitor Intelligence

Guinea-Bissau: Lukoil and Arabs in First Oil Drilling In 2024

Block 2 “Sinapa”, assigned to PetroNor in 1996, should start drilling the Atum-1 hole in MAY.2024. This block is the one that has revealed, through the evaluation studies completed so far, greater commercial potential, and could be a pioneer in oil production in the country's offshore. As determined, the drilling process will be operated by the perfusion vessel Ocean Black Rhino from Diamond Offshore Drilling, which will move to Guinean waters from Senegal, where it is in operation. The executor of the drilling operation for the Block 2 consortium will be Halliburton. READ MORE