Gambia is attracting investors and partners to revive its oil and gas exploration sector following the quiet departure of Australian oil company FAR Ltd.
The Sustainable, Holistic, and Inclusive Energy Systems for Well-being (SHINE) project will collaborate with Gambian stakeholders to ensure energy access interventions are both inclusive and sustainable.
Gambiaj.com – (DAKAR, Senegal) – The Sangomar oil site in Senegal achieved a remarkable milestone in December 2024, marking a significant leap for the country’s burgeoning oil industry. With the commissioning of all its producing wells, the site recorded an impressive monthly output of 2.96 million barrels of crude oil, setting the stage for Senegal to strengthen its position in the global oil market.
Gambiaj.com – (DAKAR, Senegal) – The West African Energy (WAE) power plant, a landmark collaboration between local investors and Senegal’s National Electricity Company (Senelec), was once seen as a beacon of national energy sovereignty. However, the dream of a 100% Senegalese-led energy success story has been shattered following revelations of financial mismanagement and the arrest of Samuel Sarr, the project’s key promoter.
Gambiaj.com – (Banjul, The Gambia) – The National Water and Electricity Company (NAWEC) has terminated its Treasury Manager and suspended its Director of Finance amid allegations of financial misconduct.
Samuel Sarr, a prominent Senegalese businessman and former Energy Minister, was arrested upon his return from an overseas trip at Blaise Diagne International Airport…
Gambiaj.com – (Dakar, Senegal) – The Sangomar oil field, situated off Senegal’s coast, achieved a significant milestone in October 2024, producing 2.82 million barrels of crude oil. Since the project commenced in June, Sangomar has generated a total of 10.99 million barrels, with 10.57 million barrels already lifted and marketed through 11 international cargo shipments.
A penalty clause required FAR to pay $22 million if it failed to meet this obligation. FAR argued for both an extension and a waiver of the penalty, citing previous drilling efforts and a promised technical review. This review was never delivered. Jerreh Barrow, however, recommended granting FAR’s request and waiving the penalty, a decision supported by the Petroleum Negotiation Committee and approved by the Petroleum Minister, despite the lack of independent verification of FAR’s work.
Gambiaj.com – (BANJUL, The Gambia) – The Government of The Gambia has announced a major step forward in its mission to improve electricity infrastructure, with the construction of a high-voltage transmission line under the Gambia Electricity Restoration and Modernization Project (GERMP), funded by the World Bank. The GERMP aims to significantly enhance power distribution and reduce electricity interruptions in the country.
Gambiaj.com – (DAKAR, Senegal) – A seemingly simple task of naming support vessels chartered for the Grand Tortue Ahmeyim (GTA) gas field, which straddles the maritime border between Senegal and Mauritania, has ignited a diplomatic dispute between the two West African nations.
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