Thursday, 25 July 2024

Senegal joins oil-producing countries


اقرأ المزيد

Oil production began on the first offshore platform in Senegal on Tuesday, Australian operator Woodside Energy announced, bringing this country into the club of crude oil producing countries.

“This is a historic day for Senegal and Woodside,” said Meg O’Neill, the company’s CEO, considering the extraction of oil from the Sangomar field “an important milestone,” according to “Agence France-Presse.”

The floating platform is located about 100 kilometers off the coast and has a storage capacity of 1.3 million barrels, according to Woodside, according to what Agence France-Presse reported. The project aims to produce 100,000 barrels of oil per day. The field also contains natural gas.

Woodside’s share in the deepwater project is 82%, while the Senegalese company Petrosen owns the remaining percentage.