Africa Monitor Intelligence
Guinea-Bissau: Piracy Increases Maritime Risks and Vulnerability
The rise in insecurity in Guinea’s waters coincides with the revival of oil exploration plans in the country’s offshore. Block 2 “Sinapa”, assigned to PetroNor in 1996, should start drilling the Atum-1 hole in MAY.2024 (AM 1412). This bloc is the one which has revealed, through the evaluation studies so far completed, greater commercial potential, and can be a pioneer in oil production in the country's offshore. As determined, the drilling process will be operated by the probe ship Ocean Black Rhino of Diamond Offshore Drilling, which will travel to Guinean waters from Senegal, where it is in operation. The performer of the drilling operation for the Block 2 consortium will be Halliburton. READ MORE