Middle East / Africa

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Country summary: Senegal

energy-pedia opportunities - Senegal:
Current deals: 2
Licensing articles: 11
Completed deals: 15

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Senegal - recent news

24 Jun 20
Senegal: FAR fails to pay cash call for Sangomar development
FAR Senegal has not paid the most recent development cash call for the Samgomar development, offshore Senegal, and is in default. In the interim, FAR is continuing to investigate selling all or part of FAR Senegal’s interest in the RSSD Production Sharing Contract and JOA.
23 Jun 20
Senegal: Woodside confirms Sangomar on track for first oil in 2023
Woodside notes recent media reports stating that Senegal has been forced to delay its first oil and gas projects by up to two years because of the COVID-19 pandemic. Woodside reiterates that first oil from the Sangomar Field Development Phase 1 remains on track for 2023, in line with previous guidance.
05 May 20
Senegal: PetroNor announces update on Senegalese arbitration
PetroNor has announced that the Company has reached a mutual agreement with the Government of Senegal to suspend the Arbitration related to the Rufisque Offshore Profond and Senegal Offshore Sud Profond licence areas for a period of six months with a view to reaching a satisfactory outcome for all parties.
01 May 20
Senegal: FAR to sell all or part of its interest in the Sangomar development offshore Senegal
FAR Limited reports that debt financing for the Sangomar field development offshore Senegal is not proceeding as expected due to COVID-19 and oil price impact on debt markets and the Company has commenced a process to sell all or part of its working interest in the Senegal Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) project in parallel with investigating alternative sources of finance.
06 Apr 20
Senegal: TDI-Brooks completes MSGBC field data acquisition for TGS and commences another offshore Nigeria
TDI-Brooks International (under contract to TGS), has completed the offshore 'seep-hunting' surface geochemical analysis and geotechnical campaign of the MSGBC Basin, from Northern Senegal through The Gambia and AGC zone, into Guinea-Bissau down to the Guinea transform fault.

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