Senegal’s energy hub ambitions gather pace
Two big hydrocarbons projects are heading for FID with Woodside stepping up to take operatorship of the SNE development
Senegal's efforts to fast-track its first major hydrocarbons developments seem to be paying off. Both the SNE and Tortue/Ahmeyhim projects are on course for a final investment decision (FID) in coming months, with first production expected in the early 2020s. BP has confirmed that it still planned to make an FID on the Tortue/Ahmeyhim gas development, which is shared with Mauritania and straddles its maritime border, by the end of December. The project moved to the front-end engineering and design (FEED) stage in April, and first gas is due in 2022. The progress suggests that an agreement thrashed out earlier this year between Senegal and Mauritania, under which they would split early incom
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
