Country Report
Guinea upstream summary
Report summary
Offshore Guinea sits on a passive margin in the eastern Atlantic and straddles the Liberia and Senegal-Bove Basins. The geology is similar to Senegal and 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 three offshore wells have been drilled to date and all were dry. In 2017, Hyperdynamics drilled the last exploration well, Fatala-1. The well targeted a Cretaceous ...
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
- Geology Introduction
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Basin Evolution
- Geological Setting
- Petroleum System
-
Exploration
- Licensing
-
Drilling
- Drilling activity
- Reserves and resources
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Production
- Oil/liquids
-
Infrastructure
- Introduction
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
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Licensing
- Contract Duration
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Fiscal terms
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Overview
- Upstream
- Mid/Downstream
- Current fiscal terms
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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
-
Overview
Tables and charts
This report includes 7 images and tables including:
- Key facts: Table 1
- Country Map
- Net Acreage 2024
- Map of Basins
- Map
- Exploration: Table 1
- Exploration Drilling
What's included
This report contains:
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