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

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

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 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. 

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