McDermott to Build SPS for Greater Tortue
quarter of 2020.As part of a previous award, McDermott is also fabricating the pipeline structures and riser structure for the Greater Tortue Ahmeyim Project in Batam.(Photo: McDermott)Operator BP and its partners in the Greater Tortue Ahmeyim development – Kosmos Energy and national oil companies Petrosen and SMHPM – announced final investment decision (FID) for the first phase of the project in December 2018.The cross-border project will produce gas from an ultra-deepwater subsea system and mid-water floating production, storage and offloading (FPSO) vessel, which will process the gas, removing
Total to Explore Senegal's Deepwater Potential
for oil and gas off Senegal's Atlantic coast, boosting the prospect of major oil developments in the West African country. Under the deal Total will explore in the deepwater Rufisque Offshore Profond Block where it will be the operator with a 90 percent stake and Senegal's state-run oil company Petrosen will hold the remaining 10 percent. The two parties also agreed to cooperate on exploration in "ultra-deep" offshore waters, with the potential for Total to become an operator there too. The financial terms of the deal were not disclosed. Senegal is on the verge
Woodside Buys ConocoPhillips’s Senegal interests
customary adjustments of approximately US$90 million. Woodside CEO Peter Coleman said the acquisition was an exciting addition to Woodside’s global growth portfolio. “We look forward to working with the Government of Senegal and joint venture participants Cairn Energy, FAR Limited, and Petrosen, the Senegal National Oil Company, to progress the commercial development of the SNE and FAN discoveries. “Woodside will bring to the joint venture expertise in deep water drilling, development and operation of subsea infrastructure and floating production storage and offloading vessels
Cairn Makes Second Senegal Find
has additional prospects and leads that offer further exploration potential across this large acreage position in West Africa.” Cairn has a 40% Working Interest (WI) in three blocks offshore Senegal (Sangomar Deep, Sangomar Offshore and Rufisque) ConocoPhillips has 35% WI, FAR Ltd 15% WI and Petrosen, the national oil company of Senegal 10%. The three blocks cover 7,490 km2
Kosmos to Buy into Senegal Offshore Blocks for $400 mln
Kosmos Energy is set to sign a $400 million "farm-in" agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore blocks that they operate, a draft Petrosen document seen by Reuters on Saturday showed. According to the document, Kosmos has committed to drill two exploration wells up to a total value of $240 million. It will then drill a third well, or alternatively a first appraisal well, to a value of another $120 million. Under the terms of the agreement, Kosmos will have a 60 percent stake in
Offshore W. Africa Drilling Contract
Elenilto, with state oil company Petrosen, awarded Production Sharing Contract (PSC) by the Government of the Republic of Senegal. The contract is to develop the prospective Senegal Offshore Sud Shallow Oil block. Elenilto will be the operator of the block and Petrosen will have minority participation interest in the project. The block is 7,920 sq km and is located in Southern Senegal Casamance offshore basin. Oil Resources volumetric assessment based on reprocessed 2D seismic coverage indicates potential of 500-800 million barrels of oil in first priority leads. Other deeper possibilities are
February 2025
