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Exploration

 

Senegal to delay oil licensing round

Senegal’s ambitions to become a major oil and gas producer have been overshadowed by allegations President Macky Sall’s brother was involved in fraud related to two offshore gas blocks being developed by BP.

 
 
 

Report on Newfoundland oil and gas potential published

The report by Nalcor Energy-Oil and Gas and Beicip-Franlab, in partnership with the Government of Newfoundland and Labrador has identified an additional 3 billion bbl of oil and 5.8 trillion ft3 of gas potential offshore Newfoundland.