BP Boosts Senegal’s Energy Transformation
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The British major is the operator of the Grand Tortue Ahmeyim (GTA), an immense gas field discovered in 2015, said to contain up to 20 trillion cubic feet. Production of the field is at the root of the gas-to-power strategy implemented by the Senegalese government, in line with the Emerging Senegal Plan that will provide universal access to power by 2025.
BP is an integrated oil company operating across six continents and 79 countries, with products and services available in over 100 countries. As an oil and gas producer, BP produces an average of 3,8 million barrels of oil equivalent daily. It has 19,341 million barrels of oil equivalent in reserves in the numerous fields it operates globally.
The approximately 33,000Km2 of acreage covered by the BP and Kosmos partnership, thought to contain between 50-100 trillion cubic feet (tcf) of gas resource potential, includes the Yakaar-1 well, which was the biggest discovery made in the industry in 2017, and the GTA field, estimated to contain more than 15 tcf of discovered gas resources.
In December 2018, BP announced the final investment decision for Phase 1 of the innovative cross-border GTA development. The decision was made following agreements between the Mauritanian and Senegalese governments and partners BP, Kosmos Energy and National Oil Companies Petrosen and Société Mauritanienne des Hydrocarbures et de Patrimoine minier. This marked the beginning of a multi-phase project that is expected to have a lasting and positive impact for generations to come.
BP was a founding member of Invest in Africa Senegal, aiming to connect the local industry players with foreign operators in order to build increasingly strong local content expertise. BP is committed to investing in skills development for the people of Senegal.