Total to study deep and ultra-deep areas offshore Guinea

French oil major Total and the National Office of Petroleum of Guinea (ONAP) have signed a technical evaluation agreement to study deep and ultra-deep offshore areas located off the coast of Guinea Conakry.

According to Total’s statement on Monday, the deal between the French company and ONAP would cover approximately 55,000 square kilometers.

Kevin McLachlan, senior VP of exploration at Total, said: “By taking this position on a new under-explored area, Total pursues its exploration strategy targeting deep offshore prospective basins.

“Therefore, Total has the opportunity to evaluate a very large area, located in an extension of the prolific Mauritania/Senegal basin where we already are. This will allow us to capitalize on our know-how and experience acquired in West Africa.”

According to the terms of this agreement, Total will have a year to assess the potential of the basin on the basis of existing data.

At the end of this period, the company will select three licenses to start an exploration program. As part of the deal, Total will also train ONAP staff to develop technical skills in exploration and production.

At the moment, Total’s main focus in the country is the distribution of petroleum products via a retail network of 150 service stations.

It is worth mentioning that Guinea launched its first offshore licensing round in June this year.

As far as exploration goes, the Hyperdynamics-operated Fatala-1 exploration well drilled offshore Guinea did not encounter hydrocarbons. In late September, the company said it would not be giving up on offshore Guinea because it still believes there’s still value to be found below the country’s seabed.

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

FPSO Roundtables 2018

The entire FPSO value chain is now critically aware of how conventional modes of cooperation and project delivery must change in light…

read more >

International Petroleum (IP) Week 2018

International Petroleum (IP) Week, hosted by the Energy Institute (EI) is a renowned and highly respected event where leaders from the global…

read more >

8th Myanmar Oil, Gas & Power Summit

The Myanmar Oil and Gas Summit is the longest established Oil & Gas event in Myanmar. Every year the event is attended by government…

read more >

FPSO Europe Congress 2018

The FPSO Europe Congress 2018 builds on these themes, lending a particular focus to FPSO Value Preservation and Operational Excellence…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply