Eni awarded exploration Block A1 offshore The Gambia
Key highlights
- Eni and the Government of The Gambia signed a Petroleum Exploration Development and Production License Agreement for Block A1.
- The agreement was signed with the Government represented by Minister of Energy and Petroleum Nani Juwara.
- Block A1 covers 1,300 km² in water depths between 1,250 and 3,300 metres.
- The block sits on an Atlantic margin with proven hydrocarbon discoveries and fits Eni’s exploration diversification strategy.
License agreement
Eni and the Government of The Gambia, represented by the Minister of Energy and Petroleum Honourable Nani Juwara, signed a Petroleum Exploration Development and Production License Agreement for Block A1 offshore the Republic of The Gambia.
Block details
Block A1 covers an area of 1,300 km² and lies in water depths ranging from 1,250 to 3,300 metres. The block is located on an Atlantic margin where hydrocarbon discoveries have been made.
Strategic rationale
Eni’s entry into The Gambia aligns with its exploration strategy to build a geographically diversified portfolio, targeting proven but underexplored and emerging areas as well as frontier regions with high potential.
Source: Eni
