Australia based oil and gas company ‘Woodside Energy’ has filed development and exploitation plan Senegal Government for the Sangomar field, formerly known as SNE, located offshore Senegal
Woodside confirmed as operator of the Sangomar Field Development 1 that request was submitted to the Government of Senegal on 2 December 2019.
In a separate statement on Tuesday FAR Limited said that the plan outlined the full field multi-phase development of oil and gas and detailed how the Sangomar field would be developed in a series of phases with plans for 645 mmboe (485 mmbbl oil and 160mmboe gas) to be developed.
The FPSO is expected to have a capacity of around 100,000 bbl/day, with first oil targeted in early 2023.
Last month, FAR Ltd pursue U$ 350 million lending through conventional banking for Sangomar development.