Australian exploration and production company Woodside Energy and its partners have submitted the Sangomar development and exploitation plan and exploitation authorisation request to the Senegalese Government.
The Sangomar Field Development joint venture (JV) comprises Crain Energy subsidiary Capricorn Senegal (40%), Woodside Energy (35%), FAR (15%) and Senegal national oil company Petrosen (10%).
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The submissions by the partners are the last major regulatory steps that are required before making the final investment decision (FID) by each participant in the JV.
Woodside Energy noted that the FID, which is subject to the plan approval, is targeted to occur later this month. The company serves as the operator of the project.
Woodside Energy CEO Peter Coleman said: “The submission of the Exploitation Plan and authorisation request is the culmination of front-end engineering design activities. These are the final documents required by the government ahead of granting approval to proceed.
“We look forward to continuing to work with the joint venture, the government, our contractors and other stakeholders to develop this opportunity, which will also be Senegal’s first oil project.”
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By GlobalDataThe first phase development concept of the Sangomar field is a floating production storage and offloading (FPSO) facility with 23 subsea wells and associated subsea infrastructure.
With an expected capacity of around 100,000 barrels per day, the FPSO is set to produce first oil in early 2023.
It will allow for the integration of subsequent phases of Sangomar development, which include gas export to shore and future subsea tie-backs from other reservoirs and fields.
This phase of the development will target an estimated 230 million barrels (MMbbl) of oil.
Petrosen director general Mamadou Faye said: “The Exploitation Plan outlines how the field will be developed to the benefit of the people of Senegal and the joint venture, and we are excited about being in a position to take a final investment decision.”
In February, Woodside Energy awarded the front-end engineering design (FEED) contract to Modec International for the Sangomar field.
