Reported about 1 year ago
Woodside Energy announced the commencement of production at Senegal's initial offshore oil project, located at the Sangomar oil fields. With an aim to produce 100,000 barrels of oil per day, this milestone signifies a significant moment in the country's history and for Woodside Energy. The project, led by Woodside Energy with an 82% stake, in partnership with the state-owned Petrosen, is anticipated to generate significant revenue for Senegal. The country's new government has vowed to review oil and gas contracts, emphasizing transparency and ensuring the people's benefits from natural resources.
Source: YAHOO