Senegal Archives - Ibe Kachikwu

29th April 2021

Woodside Energy Contracts Zenith Energy a Drilling Contract Offshore Senegal

Project and well management firm, Zenith Energy, has been awarded a multi-year contract by Woodside Energy (Senegal) B.V. for drilling and completion engineering and ad-hoc support services for the Sangomar...

3rd April 2021

Lukoil Withdraws from Purchase of FAR’s Interest in Senegal Project

Australian oil and gas company, FAR Ltd, has announced that Russia's Lukoil will not be making a legally binding takeover offer, which means that Woodside returns as the leading company...

16th March 2021

FAR Updates Shareholders on Sale of its RSSD Interest to Woodside

FAR Limited has provided an update for the non-binding indicative proposals the company has received, and it has provided a new date and time for its Shareholders’ meeting. On the...

10th March 2021

Africa50 and Orabank Sign €75M Loan for Senegal’s Malicounda Power Station Project

Africa50 in partnership with Oragroup, a subsidiary of Orabank, are to provide a loan of XOF 50 billion (approximately €75 million) for the construction of the Malicounda power station, Senegal,...

23rd February 2021

Woodside Encounters ‘Minor Delay’ in Senegal’s Sangomar Development

Australian oil and gas giant, Woodside Petroleum, has announced a minor delay with its development of Senegal's first offshore oil development, Sangomar, as a result of the COVID-19 pandemic. The...

19th January 2021

Senegal: FAR to Decide Woodside Sale and Remus Interest in the RSSD at Shareholders Meeting

FAR Limited has executed a Sale and Purchase Agreement (SPA) with Woodside for the sale of its interest in the Senegal RSSD Project. FAR Shareholders are to consider the deal...

14th January 2021

Guinea-Bissau and Senegal to Sign New Oil Agreement Soon

The President of Guinea-Bissau, Umaro Sissoco Embaló, said that negotiations are on-going with the government of Senegal to reach agreements on the sharing of future oil discoveries believed to exist...

6th January 2021

Senegal Launches Tender for Construction of 133 Solar Power Plants

The Senegalese Rural Electrification Agency (ASER) has launched a tender for the construction of 133 mini solar power plants to power 177 rural villages, mostly in the Eastern part of...

25th December 2020

Senegal: Woodside Completes Acquisition of Cairn’s Interest in the RSSD JV

Woodside Energy has completed the acquisition of the entire participating interest of Capricon Senegal Limited (Cairn) in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture. The...

19th December 2020

Cairn Returns $250 million to Shareholders Upon Completion of Sale of Senegal Assets

Cairn Energy has announced that it has completed all the Government and third-party approvals required under the Sale and Purchase Agreement (SPA) for the sale of all its interests in...