PetroNor E&P has set out plans to withdraw from its exploration license for Block A4 offshore Gambia after the initial exploration phase expired in mid-November.The company said it had been in discussions with the Gambian government on future…
Chevron is looking to expand its acreage in West Africa, which is a strategic region for the U.S. oil major, a senior executive said on Monday after striking a deal to explore for oil in two offshore blocks in Guinea-Bissau.The blocks are in the Mauritania…
Senegal has raised its 2025 oil output forecast for the Sangomar offshore field operated by Australia's Woodside Energy Group to 34.5 million barrels from 30.53 million, the energy ministry said on Monday.The Sangomar field started output in June 2024…
Australia's Woodside Energy recorded a 24% fall in its first-half profit on Tuesday, mainly due to lower average realized prices and depreciation costs associated with its Sangomar oil project in Senegal.The company's average realized price for its products was $61…
Woodside Energy WDS.AX said on Tuesday it will scale back exploration efforts and prioritise its $39 billion project pipeline to strengthen its balance sheet, after depreciation and decommissioning costs led to a slump in first-half profit.Woodside…
Australia's Woodside Energy, which operates Senegal's Sangomar oil and gas field, has filed a complaint with the World Bank's International Centre for Settlement of Investment Disputes against the West African country over taxes, a spokesperson for the company said on Monday…
Shares of Australia's Woodside Energy were up nearly 4% on Wednesday after the gas producer posted first-quarter revenue above estimates.Perth-based Woodside reported revenue of $3.32 billion for the quarter ended March 31, beating a Visible Alpha consensus estimate of $2…
Woodside Energy, Australia’s top gas producer, said on Wednesday it was assessing the impact of U.S. tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches towards a final go-ahead.Woodside acquired the project…
Senegal's Sangomar offshore oil and gas field raised its output of crude to 16.9 million barrels in 2024, exceeding its initial target of 11.7 million, the West African country's energy ministry said on Tuesday.Discovered 10 years ago about 100 km (62 miles) south of the capital Dakar…
Australia's top energy firm Woodside marginally raised its annual output expectations on Wednesday after a record production for the quarter, reflecting ramp-up at Sangomar facility in Senegal and higher seasonal domestic gas demand.The country's…
Woodside Energy has released its half-year financial highlights citing a net profit after tax of A$1,937 million ($1.3 million) and underlying net profit after tax of A$1,632 million ($1.1 million).Operational highlights include the delivery of 89…
Esgian provides an update on plans for Petronas to return to the deep waters off Mexico in its Week 35 Rig Analytics Market Roundup.Report SummaryContractsMalaysia's Velesto said Monday it has secured a Letter of Award for its 350-ft jackup…
Australia's Woodside Energy, which operates Sangomar oil and gas field in Senegal, said on Wednesday it had filed a court action in the capital Dakar over a tax assessment.The company, which holds an 82% participating interest in Senegal's first offshore project…
Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.The Sangomar Field Development Phase 1 is a deepwater project including a stand-alone FPSO facility with a nameplate capacity of 100…
Ocean services provider DeepOcean has secured frame agreements with Woodside Energy's Senegalese subsidiary to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field, offshore Senegal, West Africa.The scope of work includes project management…