Wednesday, October 8, 2025
27.2 C
City of Banjul
HomeBreaking NewsSENEGAL: A HISTORIC DAY FOR SENEGAL! SENEGAL BECOMES AN OIL PRODUCER

SENEGAL: A HISTORIC DAY FOR SENEGAL! SENEGAL BECOMES AN OIL PRODUCER

Donate to Freedom Radio Today

 Senegal released its first barrel of oil on Monday June 10. A first production from the Sangomar Woodside field. “Sangomar Woodside, operator of the Rufisque Oftshore, Sangomar Offshore and Sangomar Olfshore Profond (RSSD) joint venture, announces the safe completion of the production of the first barrel from the Sangomar field located offshore Senegal and constituting the country’s first offshore oil project », We indicated in the press release from Woodside Energy group, this Tuesday, June 11.

The company reports that Phase 1 of the development of the Sangomar field includes a self-contained offshore production, storage and offloading (FPSO) facility located in deep waters and with a nominal capacity of 100,000 barrels per day, connected to underwater infrastructure designed to enable additional phases of development.

“It’s a historic day for Senegal”

“This is a historic day for Senegal and for Woodside. The first barrel from the Sangomar field is a key milestone which demonstrates the realization of our strategy. The Sangomar project is expected to generate value for shareholders in accordance with the terms of the Research and Production Sharing Agreement,” said Madam Meg O Neil, CEO of Woodside.  
She added: “The safe delivery of Senegal’s first oil and offshore project, despite a period marked by unprecedented global challenges, demonstrates Woodside’s ability to execute world-class projects. We are proud of the relationships we have built with PETROSEN, the State of Senegal, and our key international and local subcontractors to develop this nationally important resource.”

Still in the document, it is indicated that the General Director of PETROSEN ESP. Thierno Ly expressed his satisfaction at seeing this step taken. “The start of Sangomar oil production marks a new era for the industry, the economy of our country and for our populations. It is the result of the commitment of the various teams who worked tirelessly to meet the challenges and achieve our strategic objectives in a complex and demanding environment. We have never been so well positioned to seize so many opportunities for growth, innovation and success for the economic and social development of our country,” he said. 

Latest articles

2021 UNTILL 2023 AMOUNT OF 110 BILLION DALASIS IS MISSING IN THE PUBLIC FINANCE. GAMBIA AUDIT DEPARTEMENT IN THE GAMBIA DECLARED ENSURING TRANSPARENCY...

In 2023 The Audit Department in Gambia Declare Ensuring Transparency and Accountability...

U.S.A VISA FOR GAMBIANS WILL COST 15000 US DOLLARS FOR EACH APPLICANT WHO NEED TO ENTER UNITED STATES

To The United States Visa Bond For Gambians which will make it very...

MAYOR TALIB BENSOUDA OPENS A NEW POLITICAL MOVEMENT. UNITED FOR CHANGE (UFC)

In The Gambia’s Political Arena .New More Political Parties are Opening. The Gambia Mayor...

A MESSAGE FROM PROFFESOR MBALLOW.

A NATION ADDRESS ON PRESSING ISSUES IN THE GAMBIA DELIVERED BY PROFESSOR MBALLOW, NDA...

More like this

2021 UNTILL 2023 AMOUNT OF 110 BILLION DALASIS IS MISSING IN THE PUBLIC FINANCE. GAMBIA AUDIT DEPARTEMENT IN THE GAMBIA DECLARED ENSURING TRANSPARENCY...

In 2023 The Audit Department in Gambia Declare Ensuring Transparency and Accountability...

U.S.A VISA FOR GAMBIANS WILL COST 15000 US DOLLARS FOR EACH APPLICANT WHO NEED TO ENTER UNITED STATES

To The United States Visa Bond For Gambians which will make it very...

MAYOR TALIB BENSOUDA OPENS A NEW POLITICAL MOVEMENT. UNITED FOR CHANGE (UFC)

In The Gambia’s Political Arena .New More Political Parties are Opening. The Gambia Mayor...