Senegal Archives - Ibe Kachikwu

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...

4th December 2020

Senegal: Woodside Exercises Right to Pre-empt FAR’s Sangomar Sale to ONGC Videsh

Australian giant Woodside has announced that it is exercising its right to pre-empt the sale of FAR Ltd entire participating interest in the Rufisque, Sangomar and Sangomar Deep (RSSD) joint...

12th November 2020

Total Awards Senegal’s 3D Acquisition & Processing Contract to Shearwater Geoservices

Shearwater Geoservices has announced that it has been contracted for a large towed steamer 3D and Fast Track processing project by Total Exploration & Production Senegal. The two-month survey is...

12th November 2020

Senegal: FAR Sells Sangomar Field Interest in a $130M Deal to ONGC Videsh

FAR Limited has confirmed the transfer of its assets to Indian ONGC Videsh Vankorneft through an ‘RSSD’ Sale and Purchase Agreement with the firm. The sale transfers the entire interest...

4th November 2020

Senegal Appoints New Minister of Petroleum and Energy

A former Mines and Geology Minister in Senegal, Her Excellency Aissatou Sophie Gladima, has been appointed by the Senegalese President, His Excellency Macky Sall, as the new Minister of Petroleum...