Woodside Aiming to Bring Senegal's First Oil Field Into Production in 2022

Posted by OilVoice Press - OilVoice


Leading Australian oil and gas company, Woodside, is aiming to commercialise Senegal's first ever oilfield by 2022.

Detailing the “SNE Development - Phase 1” schedule on the final day of the Paydirt 2018 Africa Down Undermining conference in Perth, Mr Jamie Stewart, Woodside's Business Integration Manager for the Senegal Field Development, said a number of important items have already been ticked off in the lead-up to a Final Investment Decision (FID) in 2019 for the world-scale project, with a number of key decisions on the horizon.

These include the submission of the draft Environmental and Social Impact Assessment Report and the SNE Field Development Evaluation Report.

Woodside and its Rufisque, Sangomar and Sangamor Deep (RSSD) JV partners are currently evaluating tender responses for key contracts, and a number of cost reductions approaching 10% are being progressed and secured.

One of the looming decisions is the selection of the winning contractor for the Front End Engineering and Design (FEED) for the proposed use of a Floating Production, Storage for Offloading Facility for Phase 1.

Second half 2018 activities will include submission of the final Environmental and Social Impact Assessment and the field exploitation plan in the lead-up to FEED entry for the project.


The deepwater SNE Field will be Senegal's first oil field and is expected to provide significant social and financial benefits to Senegal, with Phase 1 proposing to commercialise total recoverable oil of ~240 MMbbl.


The development is projected to generate billions of dollars in direct revenue for the Government of Senegal over the first phase of the development. This includes fees and corporate income tax to be paid by the joint venture and revenues attributable to the Government under the Production Sharing Contract (PSC). In addition, the Government will receive revenue through State-owned petroleum company PETROSENS's equity participation in the development.

Activities to provide new opportunities for Senegal to obtain additional benefits include:

  • Supporting the Government with capacity building initiatives (both direct and indirect);
  • Maximising local content opportunities;
  • Engaging with local service providers;
  • Using the ESIA process to identify environmental and social impact areas of interest, which could be addressed by the ongoing social investment program; and
  • Communicating the development plans and potential benefits into local languages.




Mr Stewart told the ADU audience that a major focus of local development will be the port of Dakar, which will be a critical piece of infrastructure for the Phase 1 development.

The Dakar port had also been identified as providing significant opportunities for local content involvement.

Woodside, which currently holds a 35% interest in the RSSD JV, acquired a material position in the highly prospective offshore region of Senegal in 2016 as a joint venture participant in the RSSD exploration blocks, located 100km south of the capital of Dakar.

The SNE field commercialisation concept is based on a phased development proposal, focusing first on the less complex lower reservoir units. Subsequent phases will target more complex reservoir units.

Woodside achieved a concept select decision at the end of 2017 and entered concept definition. The Phase 1 development concept for the SNE field is a stand-alone FPSO facility with subsea infrastructure. It will be designed to allow subsequent SNE development phases, including options for potential gas export to shore and for future subsea tiebacks from other reservoirs and fields.

The Australian company, which is making the transition to Operatorship of the RSSD JV,introduced FPSO technology into Africa in 2006 when it acquired the Chinguetti field into production off the coast of Mauritania and currently operates a number of FPSO-based developments off the West Australian coast.

Woodside's expertise in horizontal well and completion design, subsea gathering system design, project execution and production excellence will also prove important in the Phase 1 development of SNE.

Phase 1 will include up to 26 oil production and gas and water injection wells. The expected FPSO oil production capacity is approximately 100,000 bbl/day. Gas sales opportunities are being explored to support incremental gas export.

New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Woodside PetroleumWoodsideSenegalAfricaProductionOilOil FieldSNE

More items from oilvoice

Cyber Security Experts Unite to Protect Europe’s Critical Industries

CS4CA Summit Returns to London this October Staying abreast of fast-paced industry developments is crucial for cyber security professionals. And while one can learn a lot from publications and social media, it's hard to beat the value of insights gained first-hand from peers. This is why 150+ IT ...

OilVoice Press - OilVoice

Posted 4 months agoPress > cybereurope

Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice

Posted 8 months agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice

Posted 1 year agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice

Posted 1 year agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice

Posted 1 year agoPress > CNOOCChina National Offshore Oil CorporationChevron +11
All posts from oilvoice