BP Green-lights Greater Tortue Ahmeyim Project
BP and its partners announced on Friday that the green light has been given for the first phase of the Greater Tortue Ahmeyim project off the coast of Mauritania and Senegal.The cross-border development, a first for the two West African nations and Africa's deepest offshore project at 2,000 meters below the sea's surface, will…
Xodus Wins Two ESIA Contracts in Senegal
Xodus Group sai dit has been awarded two Environmental and Social Impact Assessment (ESIA) contracts for projects in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) blocks in Senegal, West Africa. Xodus’ environmental team undertake the study for drilling activities in the Sangomar and Rufisque blocks for Capricorn Senegal Limited…
African Petroleum Holds Senegal Oil Block Claimed by Total
African Petroleum, an oil firm founded by Romanian-Australian businessman Frank Timis, said in a statement it still owns a licence to explore an oil block off the coast of Senegal that French oil major Total said it bought this week. The claim could set up a battle over potentially lucrative exploration licences just as the poor…
Total to Explore Senegal's Deepwater Potential
Total has signed an agreement to explore for oil and gas off Senegal's Atlantic coast, boosting the prospect of major oil developments in the West African country. Under the deal Total will explore in the deepwater Rufisque Offshore Profond Block where it will be the operator with a 90 percent stake and Senegal's state-run oil company Petrosen will hold the remaining 10 percent.
Woodside Acquires ConocoPhillips' Senegal Interests
Woodside has entered into a binding Purchase and Sale Agreement (PSA) with ConocoPhillips to acquire all of ConocoPhillips’ interests in Senegal for the purchase price of US$350 million, based on an effective date of 1 January 2016, plus a completion adjustment of approximately US$80 million. Under the PSA, Woodside will acquire 100% of the shares in ConocoPhillips Senegal B.V.
Cairn Pre-close Update
Cairn intends to announce its preliminary results for the year to 31 December 2015 on Tuesday 15 March 2016. In advance of these results, Cairn is providing information on recent operations and guidance in respect of the Group’s trading performance in 2015. This information is unaudited and is subject to further review. Simon Thomson…
Senegal to Award Two Offshore Oil Blocs by Year-End
Senegal will award two offshore oil blocs before the end of the year, the head of state-run hydrocarbons corporation Petrosen said on Wednesday, days after Cairn Energy announced an oil discovery offshore the West African state. "These are two blocs in Senegal's north offshore. We already have proposals. We are evaluating the best for the state of Senegal," Petrosen Director General Mamadou Faye said.
Cairn's JV Discovers Oil Offshore Senegal
Cairn together with its joint venture partners have announced that the FAN-1 exploration well, offshore Senegal, has discovered oil. The well, located in 1,427 metres (m) water depth and approximately 100 kilometres offshore in the Sangomar Deep block, has reached a Target Depth (TD) of 4,927 m and was targeting multiple stacked deepwater fans.
Kosmos to Buy into Senegal Offshore Blocks for $400 mln
Kosmos Energy is set to sign a $400 million "farm-in" agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore blocks that they operate, a draft Petrosen document seen by Reuters on Saturday showed. According to the document, Kosmos has committed to drill two exploration wells up to a total value of $240 million.
Offshore Senegal Deal Looms for Petrosen
Senegal's state owned hydrocarbon firm Petrosen is set to sign a $400 million "farm-in" agreement with Kosmos Energy and Timis Corp regarding its Cayar and St. Louis offshore blocks, a draft document seen by Reuters on Saturday showed. According to the document, Kosmos has committed to drill two exploration wells up to a total value of $240 million.
'Cajun Express' commences drilling offshore Senegal
Drilling has begun on the offshore exploration well, FAN-1, offshore Senegal in which FAR Ltd holds a 15% interest (Cairn Energy PLC (“Cairn”) 40%, ConocoPhillips 35%, Petrosen 10%). net to FAR Ltd. The well will be drilled using the fifth generation rig, the ‘Cajun Express’, which arrived on site Saturday 12th April. FAN-1 is the first exploration well in a two well programme…
