The privately-owned explorer is also opento farming down its position in the frontier West African region but is notquitting the country it entered in 2007, its chief executive has said.
Svenska, owned by Ethiopian-Saudibillionaire Mohammed Hussein Al Amoudi, has 55% operated stakes in a trio ofblocks off Guinea-Bissau where it took over the Sinapa oil discovery in shallow-waterBlock 2 from previous operator, UK player Premier Oil.
