Country Report

Guinea upstream summary

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02 January 2018

Guinea upstream summary

Report summary

Guinea has long been overlooked by the upstream industry, in part due to its history of instability and corruption. Offshore Guinea sits on a passive margin in the eastern Atlantic and straddles the Liberia and Senegal-Bove Basins. The geology is similar to Mauritania in the north and Sierra Leone further south, where hydrocarbons have been discovered, suggesting Guinea may also be prospective for oil and gas. However, only two wells have been drilled to date and both came up dry in ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Geology Introduction
    • Basin Evolution
      • Geological Setting
      • Petroleum System
    • Licensing
    • Offshore Licensing
    • Onshore Licensing
    • Drilling
      • Drilling activity
  • Reserves and resources
    • Oil/liquids
    • Introduction
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
      • Contract Duration
    • Overview
      • Upstream
      • Mid/Downstream
    • Current fiscal terms
    • Production Sharing Contracts - 2015 Petroleum Code
      • State Equity Participation
      • Bonuses, Rentals and Fees
      • Indirect Taxes
      • Royalty and Other Production Taxes
      • Domestic Market Obligation (DMO)
      • Cost Recovery
      • Production / Profit Sharing

Tables and charts

This report includes 7 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Net Acreage 2018
  • Map of Basins
  • Blocks in Guinea
  • Exploration: Table 1
  • Exploration Drilling

What's included

This report contains:

  • Document

    Country Overview

    PDF 13.28 MB

  • Document

    Country Overview

    XLS 93.00 KB

  • Document

    Country Overview

    ZIP 13.33 MB

  • Document

    Executive summary

    PDF 85.43 KB

  • Document

    Key facts

    PDF 65.79 KB

  • Document

    Location maps

    PDF 4.36 MB

  • Document

    Key companies

    PDF 90.44 KB

  • Document


    PDF 5.72 MB

  • Document


    PDF 3.26 MB

  • Document

    Reserves and resources

    PDF 53.96 KB

  • Document


    PDF 54.10 KB

  • Document


    PDF 55.25 KB

  • Document

    Policy and regulation

    PDF 86.25 KB

  • Document

    Fiscal terms

    PDF 95.40 KB

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