Woodside Files Sangomar Plan
- Business & Finance
Woodside, has submitted development and exploitation plan for the Sangomar (formerly SNE) field offshore Senegal.
The final investment decisions, subject to the plan approval, is targeted to occur later this month.
Woodside 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.”
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.”
The Sangomar field development phase 1 concept is a stand-alone floating production storage and offloading (FPSO) facility with 23 subsea wells and supporting subsea infrastructure. The FPSO is expected to have a capacity of around 100,000 bbl/day, with first oil targeted in early 2023.
The FPSO will be designed to allow for the integration of subsequent Sangomar development phases, including gas export to shore and future subsea tie-backs from other reservoirs and fields. Phase 1 of the development will target an estimated 230 MMbbl of oil.