Equatorial Guinea extends oil exploration licenses

2020-5-14 · Equatorial Guinea has announced a series of strategic measures to assist oil and gas exploration companies. The measures are expected to lessen the financial burden of these oil companies as the ...

Exploration Licence Fact Sheet The Julimar Nickel

2020-12-9 · An exploration licence can cover up to hundreds of square kilometres. An exploration licence contains detailed conditions to protect the environment to ensure explorers satisfy licence requirements and complete rehabilitation of areas disturbed during exploration. Before an exploration licence is granted, Chalice must advertise their ...

News & Events

2020-10-2 · 2 nd October 2020 Supernova Energy was awarded the Côr Côr exploration licence (Block 7C) offshore Guinea-Bissau. Supernova (90 %) and Petroguin, the State Oil company (10%), have been awarded a new exploration licence in the 7000 km 2 block 7C in Guinea-Bissau, adjacent to Block 7B, where the two companies already have an exploration licence …

ACQUIRING MINERAL EXPLORATION LICENSE IN PAPUA NEW GUINEA …

2020-3-16 · Exploration Licence (EL) Exploration is a very important and crucial stage in the life of a mine with the main objective of identifying target mineral deposits and estimate as accurately the size, shape, characteristics and quality of a mineral deposit ().An exploration license is obtainable by any individual or company (foreign or national) from the State on any available …

Exploration | Energy & Mining

2022-7-1 · Mineral exploration is the process of searching for deposits of useful minerals. The Mining Act 1971 (the Act) and regulations made under the Act are the principal laws in place for the administration of exploration titles and the regulation of on-ground exploration activities, including environmental management and rehabilitation of land.

Equatorial Guinea extends exploration licenses | Oil & Gas …

2020-5-4 · The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea signed a Ministerial Order granting 2-year extension on exploration programs.

Santos farms-in to PNG exploration licence | Santos

Santos today announced that it had signed an agreement to farm-in for a 20% interest in Petroleum Prospecting Licence (PPL) 402 in Papua New Guinea. The interest will be acquired from both Oil Search and ExxonMobil. PPL 402 is located approximately 40 kilometres northwest of the Hides gas field and production facilities, and within the highly ...

Ophir farms-out Equatorial Guinea exploration licence to …

UK-based oil and gas company Ophir has signed a farm-out agreement with American oil firm Kosmos Energy to provide an exploration licence and 40% non-operated stake in Block EG-24 in Equatorial Guinea. The deal will see Kosmos pay the cost of a block-wide 3D seismic survey during the first exploration period under the licence.

Guinea Mining Comparative Guide

27. Second renewal. 67. Fixed fees are paid one a one-off basis by the permit holder for the whole duration of the exploration permit at the time of grant or renewal. A flat fee of $1,500 is also paid at the time of the application for exploration permit and subsequently on each renewal. Annual fees. Steps.

Guinea Bissau Project

GENERAL INFORMATION. Supernova Energy operates (90%) Blocks 7B and 7C offshore Guinea Bissau, with the remaining 10 % being held by Petroguin, the State Oil company. These two large exploration blocks (8000 km 2 and 7000km 2 respectively) have a large 2D database covering most of the acreage and Polarcus acquired a 2300 km 2 3D survey over the ...

Guinea

2021-10-14 · The sector with the most potential is mining. Bauxite, iron ore, gold, and diamond mining represent key markets for Guinea and relatively well developed with tens of foreign companies actively producing and exporting minerals. In addition to these resources, Guinea has commercially viable quantities of graphite, manganese, nickel, and uranium ...

Frontier applies for gold exploration license in Papua New …

2017-5-8 · The company lodged, with Papua New Guinea''s Mineral Resource authority, exploration license application 2531, which completely surrounds but excludes the Tolukuma mining lease in the country''s Tolukuma region.

Oil & Gas Development Asia-Pacific

Twinza''s principal asset is the Pasca A liquids-rich gas discovery, offshore Papua New Guinea. Twinza Oil Limited is an upstream Oil and Gas company with oil and gas assets in the Asia-Pacific region. Twinza''s principal asset is the Pasca A liquids-rich gas discovery, offshore Papua New Guinea. ... PPL 584 is an exploration licence ...

Alpha Exploration – Exciting New Gold-Copper …

The Alpha exploration programme is managed by an experienced team that has made discoveries and developed Projects through to granting of a mining license in Eritrea. The group also has an extensive network of contacts in the wider …

Exploration overview: Papua New Guinea

2019-11-21 · Exploration achievements in PNG – FY10. Wafi-Golpu resource expanded to: 16Moz Au, 4.8Mt Cu, 55,000t Mo. Equivalent to a total gold endowment of 38.5Moz of which Harmony owns 50%. PNG discovery cost …

Predictive Discovery secures its latest exploration permit in …

2020-6-19 · Advanced exploration activities (e.g. reverse circulation and diamond drilling) are permitted on exploration permits. In April, Predictive Discovery secured the right to acquire up to of the highly mineralised Koundian property package located along strike from Managem''s 2 Moz Tri-K gold deposits, within Guinea''s prolific Siguiri Basin ...

Exploration Licence in Guinea Successfully Renewed

Exploration Licence in Guinea Successfully Renewed by 24hgold 24hgold

Equatorial Guinea Extends Oil And Gas Exploration …

2020-5-8 · Equatorial Guinea Extends Oil And Gas Exploration Licenses By Two Years. Equatorial Guinea''s Ministry of Mines and Hydrocarbons has announced that it will extend exploration licenses for two years and relax capital expenditure requirements for E&P companies amid the low-price climate and reduction in oil demand caused by COVID-19. The ...

Guinea extends Rio exploration licence at Simandou for 3 …

2011-2-23 · Diversified miner Rio Tinto has been given a three-month extension on the exploration licence it holds at the Simandou iron-ore project, in Guinea, the company said on Wednesday. The Guinean ...

Stellar Diamonds secures renewal of diamond exploration …

The West Africa-focused company is also awaiting the renewal of three other exploration licenses, covering 100km2 area adjacent to Droujba. Comprising of the Droujba kimberlite pipe and a. ... Home » News » Stellar Diamonds secures renewal of diamond exploration licence in Guinea. x. SEARCH. x. Login.

Exploration licences and regulation | Department of …

2022-6-30 · Exploration licences and regulation. An exploration licence gives the licence holder exclusive rights to explore for petroleum or specific minerals within a designated area but it does not permit mining, nor does it guarantee a mining or production lease will be granted. All new coal mines, petroleum production leases and mineral sand mines ...

Guinea Exploration Permits Definition | Law Insider

Define Guinea Exploration Permits. means (i) the mineral exploration permit granted under decree no. A 2008/I-4980/MMG/SGG, dated 9 December 2008 and registered in the Centre de Promotion et de Développement Miniers under number A 2008/132/DIGM/CPDM and (ii) the mineral exploration permit granted under decree no. A 2009/1327/PR/MMEH/SGG, dated 10 June …

Mining Comparative Guide

2020-8-12 · The Alumina Company of Guinea (ACG-Fria) is a bauxite mining company based in Fria Guinea. It is the main aluminium producing company in the country. Founded in October 1963, the Guinea Bauxite Company (Compagnie des Bauxites de Guinée (CBG)) is the largest bauxite-producing company in Guinea and one of the largest in the world.

Equatorial Guinea: Ophir Energy farms out EG …

2018-5-14 · Under the terms of the agreement, Kosmos will acquire a 40% non-operated interest in Block EG-24. In consideration Kosmos will fully carry Ophir for the cost of a block-wide 3D seismic survey, during the 1st exploration …

Ophir enters farm-out deal with Kosmos for exploration …

2018-5-14 · LONDON -- Ophir announces that it has entered into a farm-out agreement with Kosmos Energy covering the EG-24 exploration license in Equatorial Guinea. Under the terms of the agreement, Kosmos ...

Offshore Exploration: The Future of Guinea-Bissau''s Energy …

2021-7-22 · The underlying offshore exploration potential of Guinea-Bissau has long been recognized given the country''s functional hydrocarbon system, good potential reserves, and several drillable prospects in a vast shallow water shelf setting. ... Sweden, and the Operator of Block 2 of the Sinapa Licence, and Blocks 4A & 5A of the Esperança Licence.

Equatorial Guinea Extends Oil And Gas Exploration …

2020-5-8 · Equatorial Guinea''s Ministry of Mines and Hydrocarbons has announced that it will extend exploration licenses for two years and relax capital expenditure requirements for E&P companies amid the low-price climate and reduction in oil demand caused by COVID-19.

Equatorial Guinea extends oil and gas exploration licenses …

2020-5-5 · May 5, 2020. Image: 123rf. Equatorial Guinea''s Ministry of Mines and Hydrocarbons announced that it will extend exploration licenses for two years and relax capital expenditure requirements for E&P companies amid the low-price climate and reduction in oil demand caused by COVID-19. The extension of time and resources will particularly aid US ...

License: MMC

2022-4-12 · The most notable resolution is the one enacted by Parliament approving the State Policy on Minerals. The amendment of the Law on Minerals regulating the issuing of new mining licenses, was adopted by the Mongolian Parliament on 10 November 2017. Under the law, new mining and exploration licenses will be granted through a new tender process ...

How To Obtain a Petroleum Exploration And Production …

2021-12-13 · Petroleum (Exploration and Production) (Measurement) Regulations, 2016 (L.I 2246) Petroleum Revenue Management Act, 2011 (Act 815) Petroleum Revenue Management (Amendment) Act, 2015 (893) Revenue Administration Act, 2016 (Act 915) Environmental Assessment Regulation 1999 (L.I 1652) Petroleum (Exploration and Production) (General) …

Equatorial Guinea Awards Exploration License | Petroleum …

Equatorial Guinea Awards Exploration License. Thursday, May 13, 2010. Afex Global is touching down in Equatorial Guinea according to Vernon Cassin, the company''s chairman. The independent signed a deal with the government of Equatorial Guinea giving it access to an offshore block. The name of the specific block was not disclosed.

Petroleum Division – Department of Petroleum & Energy

The objectives of the Petroleum Division are as follows: To actively promote the petroleum exploration potential of Papua New Guinea through production of geological reports on basin prospectively. To monitor petroleum exploration and development activities. To administer Petroleum Prospecting, Retention, Development and Pipeline Licenses.

Licence Application

All licences are subjected to a granting fee, where the application fees are deducted. For prospecting licence: DKK 20,400. For exploration licences and special exploration licences: DKK 31,900. Licensees have a yearly exploration expenditure commitment, which is calculated based on the licence area and the licence age.

Exploration Licence in Guinea Successfully Renewed

Exploration Licence in Guinea Successfully Renewed by 24hgold 24hgold * * * English French. Subscribe Log in. Gold & Silver Prices in . FORUM. Gold and silver; Political, Dollar, USA; It''s nice to talk about... Physical Gold and Silver; Ebay, Amazon, Shop; Gold and Silver Mining ...

CONTRACT OF MINING RECCONNAICSE LISENCE

2022-2-1 · Contract for Mineral Exploration Licence Ministry of Mines and Hydrocarbons Republic of Equatorial Guinea 2 of 23 SECTION 1 MEANINGS AND DEFINITION 1.1 MEANING This Contract is a Contract for Mineral Exploration that allows the Contractor to acquire, evaluate, and interpret geological, exploration, and all other information

PNG Exploration

The Minister for Petroleum and Energy has signed and issued the formal PPL 549 licence document, which took effect on 27 May 2016. Rawson Resources holds interest in PPL 549 and the licence has been awarded on a six year term, with a further 6 year renewal period. The first well commitment in the licence is due in the fourth year (by mid ...

ACQUIRING ALLUVIAL MINING LICENSE IN PAPUA NEW …

2022-2-17 · Alluvial Mining Leases grants the holder exclusive rights to mine and exploit alluvial mineral resources within a mineral tenure. The Mining Act 1992 is the principle governing legislation that governs the activity of alluvial mining (small scale mining) in Papua New Guinea.

Blox : Mansounia, Guinea

2017-3-20 · Blox, Inc., is pleased to announce that the extension of its exploration license at the Mansounia Gold Project has been granted by the Ministry of Mines and Geology in Guinea, West Africa. The... | June 23, 2022

Equatorial Guinea: the first wave of modern mineral …

2020-4-21 · While Equatorial Guinea has seen early success in drawing bids for mineral exploration, ongoing concerns around corruption and a lack of transparency around the distribution of its oil revenues may be holding back its long-term aspirations in the mining sector. The country sits at a ranking of 144 out of 189 countries on the UN''s 2019 Human ...

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