Gambia: Govt Signs Landmark Offshore Oil Exploration Deal With Eni for Block A1

Gambia: Govt Signs Landmark Offshore Oil Exploration Deal With Eni for Block A1

The Government of The Gambia has taken a major step in its quest to unlock the country's offshore petroleum potential after signing a Petroleum Exploration, Development and Production Licence Agreement (PEPLA) with Eni Gambia Ltd, a subsidiary of the Italian energy giant Eni S.p.A..

Gov’t Signs Offshore Block A1 Exploration Deal With Eni Company

By: Fatou Krubally The Gambian Government has sealed a deal with the Eni Gambia Ltd aimed at boosting offshore petroleum exploration and attracting investment into the energy sector. The Ministry of Petroleum, Energy and Mines signed a Petroleum Exploration, Development and Production Licence Agreement (PEPLA) with Eni Gambia Ltd for Offshore Block A1. According to a statement issued on June 5, 2026, the agreement was signed between the Governme…

Gov’t signs landmark offshore oil exploration deal with Eni for Block A1

The deal marks the most significant upstream petroleum investment commitment in the country since the departure of BP and signals renewed international confidence in The Gambia’s hydrocarbon prospects. Government officials described the agreement as a milestone in efforts to responsibly develop the country’s petroleum resources while attracting credible foreign investment to the upstream sector. Speaking at the signing ceremony, Petroleum, Energ…

Eni awarded deepwater exploration acreage offshore Gambia

Eni has signed a petroleum exploration, development and production agreement with The Gambia for offshore Block A1, adding 1,300 sq km of deepwater acreage in a hydrocarbon-proven region of the Atlantic margin to its exploration portfolio.