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  • 2019

    • Svenska reaches farm-down agreement with CNOOC West Africa Petroleum E & P SA in Guinea Bissau

      SPE Guinea Bissau AB (“Svenska GB”), a wholly owned subsidiary of Svenska Petroleum Exploration AB, Sweden, is the Operator of Block 2, the Sinapa Licence, and Blocks 4A & 5A, the Esperança Licence, offshore Guinea Bissau. The other co-venturers in these licences are FAR Limited (“FAR”) and Empresa Nacional de Pesquisa e Exploração Petrolíferas, E.P. (“Petroguin”, the state owned oil company).  

      8/5/2019
    • Svenska launches the new website

      We are happy to announce the publishing of our new svenska.com website.
      This is very much in line with Svenska's current focus on reviving and strengthening our brand.

      6/27/2019
    • Svenska 50th Anniversary

      Svenska Petroleum Exploration turned 50 on the 3rd of June 2019. The company was founded as Oljeprospektering Aktiebolag (OPAB) in 1969 by the Swedish government and a consortium of Swedish industrial enterprises. The company was bought by Sheikh Mohammed H. Al-Amoudi in 1994.

      6/3/2019
    • Kossipo appraisal well successfully completed

      As part of the phase 4 infill drilling campaign the Baobab partnership has drilled an appraisal well on the Kossipo satellite discovery in the CI-40 license.

      5/30/2019
    • Baobab Phase 4 drilling campaign completed

      The Phase 4 infill drilling campaign has been successfully completed with an additional four production wells and two water injectors. This has brought gross production back up to 34 000 boe/day.
      4/29/2019
    • Drilling management contract awarded to Exceed

      Svenska, as operator for Block 2 and Blocks 4A & 5A in Guinea Bissau has signed a Drilling Management Contract with Exceed Ltd. The contract is to manage the drilling of a deep water well in Block 2. The Atum and Anchova prospects in the western part of the licensed area are currently the main drilling targets.

      3/13/2019
  • 2018

    • Refinancing

      Svenska is happy to announce that a new financing agreement was signed on 29 June 2018.

      Under a so-called Reserves-Based Lending ("RBL") Facility...

      6/29/2018
    • Baobab producing 100 million barrels of oil

      Production from Baobab passed 100 million barrels of oil on 5 November 2018.

      11/5/2018
  • 2017

    • License extension Guinea-Bissau

      The partnership for the Svenska, as operator for Block 2 and Blocks 4A & 5A in Guinea-Bissau has successfully negotiated a three-year extension for the licenses for the two licenses.

      11/30/2017
    • New operating agreement with Modec International Inc.

      The Baobab license group have negotiated a new operating agreement for the leased Baobab FPSO with Modec International Inc. 

      12/30/2017
  • 2016

    • Phase 3 infill drilling campaign

      The Phase 3 drilling campaign in the Baobab field in the Ivory Coast has been successfully completed in the first quarter of 2016 with an additional six production wells completed.

      3/31/2016

Head office Sweden

Svenska Petroleum Exploration AB

Mail address: P.O.Box 27823
SE-115 93 Stockholm, Sweden
Visiting address: Biblioteksgatan 29
SE-114 35 Stockholm, Sweden
Telephone: +46 8 410 545 50
E-mail: info@svenska.com

 

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Svenska Petroleum Exploration AB London Branch

Mail and visiting address:
85 Great Portland Street, London W1W 7LT
United Kingdom
Telephone: +44 20 7647 2500