Senegal: Investors Should Look Onshore
Senegal is the hotspot for energy investment in West Africa right now, owing to a string of huge offshore hydrocarbons discoveries since 2014 (as well as its compelling renewables potential). … Read More
Tag: Senegal
SENEGAL: FAR Provides Update on Remus Proposal and Woodside Sale
FAR Limited has provided an update in relation to its previous announcements regarding: The Remus conditional non-binding indicative proposal of a potential offer from Remus Horizons PCC Limited to acquire … Read More
What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?
By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More
Cairn returns USD250 million to shareholders following sale of Senegal assets
Cairn has announced that all Government and third-party approvals required under the Sale and Purchase Agreement in relation to the sale of all of its interests in Senegal to Woodside … Read More
SENEGAL: MODEC awarded Operations and Maintenance Contract for Sangomar Field Development FPSO
MODEC has announced that it has signed a contract with Woodside Energy for the operations and maintenance of a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar (formerly SNE) … Read More
SENEGAL: Total Awards Shearwater GeoServices Senegal 3D Acquisition & Processing Contract
Shearwater GeoServices Holding AS has announced the award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Senegal. The exploration survey covers 5,000 sq. … Read More
FAR Provides Quarterly Operations Update
RSSD (Rufisque, Sangomar and Sangomar Deep) Senegal The Rufisque, Sangomar and Sangomar Deep (‘RSSD’) Joint Venture continued to progress construction activities for the Sangomar Field Development. The construction of the … Read More
FAR Limited Provides Half Yearly Report
The Group reported a loss for the half year ended 30 June 2020 of $21,238,324 (30 June 2019 – $7,553,696 loss). The increased loss of $13,684,628 during the current half … Read More
North American Kariya Energy Set to Acquire Oil and Gas Assets in Africa
Kariya Energy announced today that it will enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries. Kariya Energy’s technical and financial strength … Read More
SENEGAL: Woodside Energy Enters Agreement to Acquire Cairn’s Stake in the Rufisque Offshore
Woodside Energy reports it has entered into a binding sale and purchase agreement to acquire Capricorn Senegal Limited’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep … Read More