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January 23, 2020
FAR Signs MoU with Glencore for Senegal-based Sangomar Project
FAR owns 15% of the Woodside-operated oil field.
January 14, 2020
Woodside Awards MODEC FPSO Contract for Sangomar
The FPSO will be delivered in 2023.
January 9, 2020
Woodside Energy gets Authorization for Senegal’s Sangomar
The project is expected to have a production capacity of 100,000 barrels per day
December 9, 2019
Market Report: FAR Ltd submits the final field development plan for the Sangomar oil field
Sangomar is expected to yield its first oil in 2023.
December 7, 2019
Sangomar Project Sees Major Development
The operating joint-venture moves towards final investment decision on Senegal’s first offshore oil project.
May 27, 2020
Senegal’s Local Finance Sector to Fuel Local Companies
Senegal’s GDP growth has been relatively high, reaching 6% in 2019.
May 21, 2020
Senegal: A West African Leader on the Rise
Senegal has demonstrated strong ambition for economic development.
April 20, 2020
Our View on What Lies Ahead
The coronavirus pandemic casts a new light on African energy challenges.
April 8, 2020
Senegal to Benefit from its Diversified Energy Mix
In the midst of the Covid-19 pandemic, the oil industry is suffering a dramatic price collapse.
April 2, 2020
Senegal Commits $1.68 billion to Economy in the Midst of COVID-19
With 96 COVID-19 cases declared, the government of Senegal implemented a national state of emergency.