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>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 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

16th MOSCOW INTERNATIONAL OIL AND GAS EXHIBITION

The Moscow International Oil & Gas Exhibition display products like oil and gas products, oil and gas services…

read more >

Beijing International Offshore Oil & Gas Exhibition (ciooe) 2019

Beijing International Offshore Oil & Gas Exhibition (ciooe), is a regular gathering in oil & gas industry…

read more >

Lebanon International Oil & Gas Summit 2019

LIOG 2019 will delve further into the opportunities that are present in Lebanon’s energy sector…

read more >

Atyrau Oil & Gas 2019

The event program is dedicated to the most topical issues of search, exploration, development of hydrocarbons…

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