BP tipped to reach next Senegal FID this year
BP and Kosmos Energy will present a plan of development for the Yakaar-Teranga this year and reach a final investment decision, a Senegalese official has said.
BP and Kosmos Energy will present a plan of development for the Yakaar-Teranga this year and reach a final investment decision, a Senegalese official has said.
Companies building the Sangomar FPSO have completed their work, keeping the Senegalese field on schedule for start in late 2023.
Woodside Energyโs (ASX:WDS) latest production guidance for 2023 has fallen short given delays at new oil projects in West Africa and the US, as well as a maintenance shutdown at the Pluto LNG export complex in Australia.
Woodside Energy has plugged and abandoned a well offshore Senegal after failing to find commercial quantities of hydrocarbons.
Subsea 7 (OSE:SUBC) said supply chain challenges were stabilising and credited โstrong performanceโ from its subsea and conventional businesses, despite a weaker quarter for renewables.
Woodside Energy has dropped plans to sell down a stake in its Senegal project, the offshore Sangomar development.
Woodside Energy has revised the subsea installation campaign schedule at its Sangomar project, in Senegal, but continues to expect first oil in 2023.
Australian explorer FARโs major shareholder has rejected a takeover bid from Samuel Terry Asset Management.
Australian minnow FAR (ASX:FAR) is likely to be breathing a sigh of relief on the notice that Allan Gray is no longer a substantial holder, although there remain questions for the future.
Industrial services giant Altrad said a significant pipeline of work would see it expand its UK headcount next year, amid a North Sea staff resurgence and plans to continue a run of acquisitions.
Australiaโs FAR has begun drilling the Bambo-1 exploration well, offshore The Gambia.
TMC Compressors has won work to supply the marine compressed air system to Woodside Energyโs Senegalese field.
The Ocean BlackRhino has drilled a first production well at the Sangomar field, offshore Senegal.
Australian minnow FAR has completed the sale of its stake offshore Senegal to Woodside Energy.
FAR has booked a Stena Drilling rig for an exploration well in The Gambia at the end of the year.
Shareholders in FAR have approved the sale of the companyโs stake in a Senegal licence to Woodside Energy.
Woodside Energy has increased the cost of its Sangomar project to $4.6 billion, gross, from $4.2bn.
Remus Horizons PCC has abandoned its bid to acquire FAR, paving the way for Woodside Energy to complete its takeover of Senegalโs Sangomar.
Lukoil has pulled its non-binding bid for FAR, clearing the way for Woodside Energy to increase its stake in the Sangomar project.
Russiaโs Lukoil has emerged as another suitor to buy MSGBC Basin-focused FAR, for A$220 million ($170mn).
The Grand Tortue Ahmeyim gas field development, straddling the offshore waters of Mauritania and Senegal, is expected to produce its first gas in 2023 following delays related to the coronavirus pandemic, according to Senegalโs Oil Minister Sophie Gladima.
FAR has received a non-binding proposal for its potential acquisition by Remus Horizons PCC that may derail its Senegal sale.
Modec has ordered six compressor trains from MAN Energy Solutions for the Sangomar field, offshore Senegal.
As with the global industry, African exploration and production plans hit the COVID-19 and oil price-crash roadblock.
Woodside Energy has opted to pre-empt the sale of FARโs stake in a licence offshore Senegal, which will increase the buyerโs stake to 82% in the Sangomar field.