Middle East / Africa

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Country summary: Senegal

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Current deals: 3
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Completed deals: 22

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Senegal - recent news

04 Oct 24
Senegal: Capricorn Energy provides update on sale of Senegal assets to Woodside
Capricorn has been notified by Woodside Energy that the production condition under the sale and purchase agreement related to the disposal of its production sharing contract (PSC) interests in Senegal has now been met.
19 Jun 24
Senegal: Woodside Energy appoints DeepOcean offshore Senegal
Ocean services provider DeepOcean has been awarded frame agreements by Woodside Energy to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field located offshore Senegal, West Africa. The Sangomar deepwater oil field commenced production in June 2024.
11 Jun 24
Senegal: Capricorn Energy provides update on Senegal contingent payment
Capricorn notes Woodside Energy's announcement confirming that first production from the Sangomar field development offshore Senegal has commenced. As previously noted, Capricorn may be entitled to a contingent payment of either $25m or $50m if the average Brent oil price during the first six months of production exceeds the $55 per barrel or $60 per barrel thresholds and first oil is achieved in the first half of 2024.
11 Jun 24
Senegal: Woodside achieves first oil at Sangomar field in Senegal
Woodside has achieved first oil from the Sangomar field offshore Senegal. The Sangomar Field Development Phase 1 is a deepwater project including a stand-alone floating production storage and offloading (FPSO) facility with a nameplate capacity of 100,000 barrels/day, and subsea infrastructure that is designed to allow subsequent development phases.
13 Feb 24
Senegal: Capricorn provides Senegal update
Capricorn notes Woodside Energy’s announcement today confirming the arrival of the Floating Production Storage and Offloading (FPSO) facility for Woodside’s Sangomar Field development offshore Senegal and its intention to continue to target First Production for mid-2024.

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