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Main companies operating in Senegal’s oil, gas and mining sectors

Main companies operating in Senegal’s oil, gas and mining sectors

SENEGAL'S newly elected President Bassirou Diomaye Faye said his government would conduct an audit of the West African nation's oil, gas and mining sectors. The announcement followed a campaign promise to renegotiate the terms of oil, gas and mineral contracts with foreign operators in the country, which is set to begin producing oil and gas this year. The following are the main companies operating in Senegal's oil and gas sectors: BP BP and U.S.-listed Kosmo Energy are leading the development of Greater Tortue Ahmeyim (GTA), Senegal's first liquefied natural gas (LNG) project. GTA, a floating facility straddling the border between Senegal and Mauritania, will…
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Senegal on verge of unprecedented growth from oil, gas, president says

Senegal on verge of unprecedented growth from oil, gas, president says

SENEGAL is expected to achieve unprecedented economic growth of 13.7% in 2023, thanks to the development of new oil and gas fields, according to President Macky Sall. Oil was discovered in Senegal in 1961, but reserves big enough for commercial exploitation have been found only in recent years. President Macky Sall Now, offshore oil and gas fields run by such companies as BP and Kosmos Energy can transform the West African country's agricultural economy when they start producing this decade. Volumes expected to rival some of the region's biggest producers. "In 2023, if all conditions are met, for the first…
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