Thursday, 25 July 2024

Senegal joins oil-producing countries

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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.

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