New Joint Venture to Explore Guinea-Bissau Offshore Oil Potential
A new joint venture between PetroGuin and Tender Oil and Gas has been established to explore deepwater oil potential in Guinea-Bissau's offshore blocks. The agreement, signed during the Invest in African Energy Forum in Paris, aims to unlock the region's offshore resources, which have been constrained by high capital and technical barriers. The partnership will focus on a comprehensive seismic campaign to enhance subsurface understanding and support future drilling efforts.