Guinea-Bissau Natural Resources Minister to Join Petroguin Delegation at MSGBC 2026
Júlio Mamadu Baldé, Guinea-Bissau’s Minister of Natural Resources, will attend MSGBC Oil, Gas & Power 2026 in Dakar at the invitation of Senegal’s Minister of Energy and Petroleum, Dr. El Hadji Abdourahmane Diouf. National oil company Petroguin will accompany him with a delegation of its own, giving the conference a strong Bissau-Guinean presence during the most active period for the country’s offshore in nearly two decades.
Chevron’s entry in November 2025 brought a supermajor into Guinea-Bissau’s deepwater for the first time. The company operates Blocks 5B and 6B with a 90% interest in each, while Petroguin holds the remaining 10%. In April 2026, Petroguin formed a joint venture with Tender Oil & Gas covering Blocks 5C and 6C, with plans for new seismic surveys aimed at advancing the acreage toward exploration drilling.
Apus Energy’s Atum-1X well, spudded on the Sinapa license in September 2024 in roughly 890 meters of water, was Guinea-Bissau’s first deepwater exploration well. The project re-opened the country’s offshore acreage and reignited global interest in Guinea-Bissau’s potential as a producer in the MSGBC region. In the two years since, Petroguin has expanded the data available to explorers. On October 15, at African Energy Week in Cape Town, the company signed an agreement with Norwegian geoscience firm TGS to reprocess more than 11,000 km² of 3D seismic data, with final products expected in the fourth quarter of 2027.
Baldé took office in April 2026 after nearly two decades as Secretary General of the Agence de Gestion et de Coopération (AGC), which oversees the maritime zone jointly administered by Senegal and Guinea-Bissau. “As a longstanding participant in this important event, it will be a great pleasure for us to attend once again,” said Minister Baldé.
In Dakar, Minister Baldé and the Petroguin delegation will join Senegal’s government leadership and the international companies now evaluating acreage across the basin. The conference will also host its inaugural Data Room, offering investors direct access to regional acreage, subsurface data and partnership opportunities, as MSGBC Oil, Gas & Power 2026 positions Guinea-Bissau’s frontier blocks for global investment.
Organized by Energy Capital & Power (ECP), MSGBC Oil, Gas & Power 2026 takes place December 1–3 at the Centre International de Conférences Abdou Diouf in Dakar, under the High Patronage of President Bassirou Diomaye Faye and in partnership with Senegal’s Ministry of Energy and Petroleum. For more information and registration, visit www.msgbcoilgasandpower.com.