Guinea-Bissau nexon energy

Is offshore exploration the future of the energy sector in Guinea-Bissau?

Offshore exploration might be the future of the energy sector in Guinea-Bissau, with various projects underway to expand the country’s oil and gas sector. Onshore blocks 4 and 5 are licensed to the Equatorial Guinean corporation Ada Business GE Lta.

What is the country strategy for Guinea-Bissau?

Energy a key component of Country Strategy for Guinea-Bissau Guinea-Bissau’s energy and transport infrastructure are at the core of the recently published Country Strategy Paper 2022-2026. News & Commentary

Is biomass a source of electricity in Guinea-Bissau?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important source in lower-income settings. Guinea-Bissau: How much of the country’s electricity comes from nuclear power? Nuclear power – alongside renewables – is a low-carbon source of electricity.

When will oil & gas drilling take place in Guinea-Bissau?

According to independent Norwegian oil and gas exploration company PetroNor E&P, a full-cycle Africa-focused independent oil and gas exploration and production business, drilling for Blocks 2 and 4A & 5A offshore Guinea-Bissau under the Sinapa and Esperança Licences will take place between the end of this 2021 and next year.

Why is Guinea-Bissau focusing on E&P?

But in order to do so it is not just focusing on E&P activity, but also placing an emphasis on ensuring sufficient technical capacity-building and the development of local content in Guinea-Bissau´s oil and gas industry, as well as in other sectors with equally strong growth potential such as renewable energy.

Is Guinea Bissau a key player in the msgbc basin?

The Government of Guinea Bissau and Petroguin are eager to position the country as an important player in the MSGBC Basin – which is comprised of Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry – over the next few years.