FAR withdraws interest in Esperanca and Sinapa blocks in Guinea Bissau

GUINEA BISSAU – Australian oil and gas company FAR Limited has announced steps to withdraw its interests from the Esperanca Blocks 4A & 5A and Sinapa Block 2 offshore Guinea Bissau. FAR has provided its notices of withdrawal to the Government of Guinea Bissau and operator Petronor in accordance with the relevant agreements. Joint efforts by FAR and operator Petronor…

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Guinea Bissau secures US$30M AfDB grant to finance infrastructure projects

GUINEA BISSAU – African Development Bank Group has announced a financial package of US$30 million to Guinea -Bissau to finance infrastructure, budget, and governance. The funding has been announced by African Development Bank Group President Dr. Akinwumi A. Adesina during his visit to the country. Of this amount, US$14 million will be allocated to building road networks between Guinea Bissau…

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Airport services provider NAS launches operation in Guinea Bissau

GUINEA BISSAU – National Aviation Services (NAS), the airport services provider, has announced the launch of its operations at Osvaldo Vieira International Airport in Guinea Bissau. In September 2020, NAS signed a 10-year contract for comprehensive ground handling services with the Guinea Bissau Ministry of Transport and Communications. This is a first of its kind public private partnership in the…

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