Total explore Senegal’s deepwater potential

Total to explore Senegal’s deepwater potential

8:57 AM, 3rd May 2017
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PARIS, FRANCE: Total SA and the Republic of Senegal, Africa have signed two agreements enabling Total to contribute to the exploration activities in Senegal’s deep and ultra-deep offshore.

The first agreement involves an exploration and production sharing contract for the Rufisque Offshore Profond block, which covers an area of 10,357 square kilometres. Total will be the operator with a 90 percent interest alongside Societe Nationale des Petroles du Senegal (Petrosen), holding the remaining 10 percent. 

The second is a cooperation agreement signed between Petrosen, Senegal’s Ministry of Energy and Renewable Energy Development under which Total will perform studies to assess the exploration potential of Senegal’s ultra-deep offshore and become operator of an exploration block.

“An established player in refining and marketing in Senegal, Total is delighted to expand its presence in the country in the exploration & production segment. These agreements are part of the company’s strategy to carry out exploration activities in new deepwater basins in Africa and leverage our world-renowned expertise. Total is pleased to be bringing our know-how to the promising exploration zones in Senegal,” said Patrick Pouyanne, chairman and CEO of Total.

© Worldofchemicals News 



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