Tag: Senegal

Author | Legal Icon | Energy Expert

Petrosen Increases Stake in Sangomar Field; Woodside Blocks Cairn’s Sale to Lukoil

Société des Pétroles du Sénégal (PETROSEN) has increased its stake in the the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore joint venture by 8% from 10%. The state hydrocarbon...
Read More

Senegal: Renewable Energy Production Equipment Exempted from VAT

The Ministry of Oil and Energy Senegal has excluded equipment used for the production of renewable energies from its Value Added Tax (VAT) in a bid to improve access to...
Read More

Senegal: Lukoil to Acquire Assets of Cairn Energy Including a Share of Sangomar

Russian multinational company, Lukoil, has reached an agreement with a leading independent oil and gas exploration and development company, Cairn Energy, to purchase the company's assets in Senegal which includes...
Read More

Senegal: Lukoil Acquires Stake to Become an Operator in the Sangomar Oilfield

Russian independent oil and gas major, Lukoil, announced yesterday that it has reached an agreement with Cairn Energy for 40% of its stake in the Rufisque, Sangomar and Sangomar Deep...
Read More

Senegal: Government to Construct Oil and Gas Training Centre in Bango

The Senegalese government is constructing an oil and gas training centre in Bango, close to the Mauritanian border. The training centre will share the Grand Tortue Ahmeyin gas field that...
Read More

FAR Senegal Cuts Staff Salaries and May Consider Selling Part or All of its Assets in Senegal

FAR Limited has announced a 20 per cent salary reduction for all senior executives and Non-Executive Directors effective July 1, 2020. It also said that it had made staff redundancies....
Read More