Total SA and the National Office of Petroleum of Guinea (ONAP) have signed a technical evaluation agreement to study some 55,000 sq km in deep and ultradeep areas offshore Guinea Conakry.
The agreement gives Total a year to assess the potential of the basin based on existing data and the option to select three licenses on which to start an exploration program. As part of the deal, Total will also train ONAP staff to develop their technical skills in exploration and production.
Kevin McLachlan, Total senior vice-president, exploration, noted the agreement gives his company “the opportunity to evaluate a very large area located in an extension of the prolific Mauritania-Senegal basin” where Total already has a presence.
“This will allow us to capitalize on our know-how and experience acquired in West Africa,” he said.
