Woodside Energy and Senegal’s national oil company Petrosen are discussing a potential second phase of development at the offshore Sangomar field that could unlock an additional 250 MMbbl of recoverable oil, according to comments highlighted this week by the African Energy Chamber (AEC). The expansion discussions come two years after Sangomar delivered first oil in June 2024, marking Senegal’s entry into […]
Senegal’s state-owned oil company said the Yakaar-Teranga gas discovery will cost $7.5 billion to develop, but will help the country slash energy subsidies once on stream
Senegal is advancing its hydrocarbon development strategy with new regulatory reforms and growing upstream activity, as the country moves to build out a more integrated oil, gas and power sector.
Senegal is moving to expand its oil and gas sector with a US$100 million onshore exploration campaign, led by the state-owned company Petrosen, following the revocation of licenses from operators who had made little or no progress on their concessions.
Petrosen, Senegal’s state-owned oil company, plans to conduct its own $100-million exploration campaign this year to discover crude in onshore fields.
Kosmos Energy (NYSE/LSE: KOS) notes the announcement today from bp plc (operator) that first gas production has been achieved at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project offshore Mauritania and Senegal.
Senegal has set up a commission of legal, tax, and energy sector experts to review its oil and gas contracts and work to rebalance them in the national interest, Prime Minister Ousmane Sonko said on national television on Monday.
The first shipments of Senegalese crude oil from the Sangomar project are on their way to refineries in the Netherlands and Germany, marking a new era for the Senegalese economy.
As the world calls for a reduction in the use of fossil fuels, new African players are emerging on the global stage and beginning to produce oil. With Niger creating its own oil and gas school in 2011, the Franco-British oil company Perenco recently made an offshore oil discovery in the Democratic Republic of Congo (DRC). Meanwhile, Ivory Coast plans to triple its oil production by 2027.
$5.2 bil Woodside project pumping 100,000 b/d of medium sour oil
Maran Poseidon ship arrives, Shell International Trading the charterer
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