Senegal and Eni have signed a memorandum of understanding covering the assessment of five offshore oil blocks as Dakar seeks to revive exploration and attract new energy investment. Eni will finance technical studies on blocks SN01M, SN02M, SN03M, SN07M and SN40M, but the preliminary agreement does not include drilling at this stage. Senegal plans to […]
Senegal intends to offer local investors the opportunity to participate in the development of 109 oil and gas blocks. This was announced on 9 September by the country’s Minister for Energy, El Hadji Abdourahmane Diouf, during a programme on Sen TV.
Oil production at Senegal’s Sangomar offshore field operated by Australia’s Woodside Energy Group reached 17.9 million barrels for the year by the end of June, the energy ministry said on Monday.
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.