By Biran Gaye
An Australian energy exploration and production company has extracted its first oil from the Sangomar field offshore in Senegal, marking a significant development in the socio-economic prospects of the West African nation.
Woodside Energy Group Ltd, in a statement on Tuesday, said it had withdrawn first oil from the Sangomar offshore oil project.
The Sangomar Field Development Phase 1 is a deep-water project including stand-alone floating production storage and offloading (FPSO) facility with a nameplate capacity of 100,000 barrels/day, and subsea infrastructure designed to allow subsequent development phases.
“This is an historic day for Senegal and for Woodside,”said Woodside CEO MegO’Neill.
“First oil from the Sangomar field is a key milestone and reflects delivery against our strategy. The Sangomar project is expected to generate shareholder value within the terms of the production sharing contract.”
She added: “Delivering Senegal’s first offshore oil project safely, through a period of unprecedented global challenge, demonstrates Woodside’s world-class project execution capability. We are proud of the relationships we have formed with PETROSEN, the Government of Senegal and our key international and local contractors to develop this nationally significant resource.”
General Manager of PETROSEN E&P Thierno Ly said he is pleased with this significant milestone.
“First oil from the Sangomar field marks a new era not only for our country’s industry and economy, but most importantly for our people,” the general manager was quoted by the Australian company.
“This achievement is the result of the unwavering commitment of our teams, who have worked diligently to overcome challenges and meet our strategic objectives in complex and demanding environment. We have never been so well positioned for opportunities for growth, innovation, and success in the economic and social development of our nation.”
Under the new administration, oil production is expected to spur Senegal’s socio-economic development.
