Australian Woodside Petroleum has completed a $440m purchase of a stake in a promising oil venture off Senegal, even as a contractual dispute involving one of the partners remains unresolved.
Australian FAR Ltd. has achieved the minimum economic field size for a commercial development of the SNE oil field offshore Senegal. The project's operator Cairn Energy previously assessed the minimum economic field ...
UK-based oil explorer Cairn Energy has added 20% to its resource estimate for its oilfield off Senegal coast. The estimated increase of the so-called 2C reserves remains below predictions by analysts.
Melbourne-based junior explorer, FAR has conducted latest drilling tests offshore of Senegal and revealed better-than-expected results of oil flows from the SNE-2 well, drilled about 100km off the coast.
The Edinburgh-based oil explorer, Cairn Energy said it successfully flow-tested the SNE-2 well in the Sangomar Offshore block at a rate of 8,000 barrels a day.
FAR and its Senegal joint-venture partners Cairn Energy, ConocoPhillips and Petrosen are planning to transform the SNE (SEN, 32/11) Field off Senegal into a development hub
Following the successful drilling campaign offshore Senegal in 2014, FAR Ltd, ConocoPhillips, Cairn Energy (the operator of the licence) and Petrosen (the government of Senegal) are planning a first phase work progra ...