Gambia’s capital, Banjul
Indies seek partners in Gambia
The independent oil and gas firms active in the country’s promising offshore are looking to farm out their assets as they seek to pursue further exploratory and drilling work
ASX-listed independent FAR Limited said in February that it would “commence a farm-down of its interest in [Gambia’s] blocks A2 and A5”, following the results of its latest drilling campaign at Bambo in block A2. The firm is seeking a carry-on for the cost of drilling another well in 2023, as well as contributions to past costs. The Bambo drilling “presented some technical challenges” and is in deep waters, both factors that would likely increase capex costs for any eventual development. FAR operates blocks A2 and A5 with 50pc stakes, in partnership with Malaysian NOC Petronas. Nevertheless, the drilling “confirmed the presence of a prolific oil source in the area” of Bambo in block A2, form
Also in this section
7 November 2025
The Russian company’s German assets are under Berlin’s management and are exempt from sanctions, for now, but a permanent solution still needs to be found
6 November 2025
The Russian firm made a significant attempt to expand overseas over the past two decades but is now divesting its global operations
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Construction of the pipeline in Afghanistan is making tangible progress, but extending it into Pakistan and India remains unrealistic for political reasons
