Sangomar Field Development – Sangomar Project FID Signed

sangomar field development

Sangomar Field Development is positioned to be Senegal’s first offshore oil development, and we are targeting a final investment decision in 2019.

The Sangomar field is a deep-water oil field discovery located offshore 100 km south of Dakar. In December 2018, Woodside was appointed operator of the development and commenced front-end engineering and design activities.

The Phase 1 development concept for the Sangomar field is a stand-alone FPSO facility with subsea infrastructure. It will be designed to allow subsequent development phases, including options for potential gas export to shore and for future subsea tiebacks from other reservoirs and fields.

We are committed to working with our joint venture participants, key stakeholders and the Government of Senegal to achieve the earliest commercialisation of the Sangomar field.    

Sangomar Field Background

The joint venture’s world class SNE oil discovery in 2014 proved Senegal’s oil and gas potential and established a new hydrocarbon province.

The basin opening discoveries were the first deep water wells to be drilled offshore Senegal which has since attracted the attention and investment of the global oil industry.

In a three-phase drilling programme, the JV drilled eleven successful exploration and appraisal wells from 2014 to 2017. To date, more than US$1 billion has been invested in Senegal with plans for more than US$4 billion to deliver the field development plan and achieve first oil in 2023. 

The Sangomar field is on target to be a project of national significance and an anchor for economic and social development in Senegal.  As the first oil development for the country it is anticipated it will provide a major impetus for the national economy and local population for many years.

A sustainable oil and gas industry can deliver energy security and material revenues for the Government of Senegal as well as reduce the reliance on fuel imports. 

The project will also introduce key oil and gas capability and skills as part of the joint venture’s commitment to develop local suppliers and a local oil and gas workforce with the capacity to unlock Senegal’s growing regional energy potential.

Sangomar Field Development

The FID on Phase 1 of the Sangomar Field Development offshore Senegal follows the receipt last week of the 25-year Exploitation Authorisation from the Government of Senegal.

Phase 1 of the development will target estimated 2P recoverable oil reserves of 231 mmbbls (gross).  Over the life of the field, total recoverable oil resources are estimated to be approximately 500 mmbbls with the development also planning gas export to shore.

Woodside, as Operator of the joint venture, has completed the purchase contract for the Floating Production Storage and Offloading (FPSO) facility and issued full notices to proceed for the drilling and subsea construction and installation contracts.

Sangomar Project Key Contractors

The key contractors for the development are:

MODEC for the purchase of an FPSO with an oil processing capacity of approximately 100,000 barrels per day

Subsea Integration Alliance (a non-incorporated alliance between Subsea 7 and OneSubsea) for the construction and installation of the integrated subsea production systems and subsea umbilicals, risers and flowlines

Diamond Offshore for two well-based contracts for the drill rigs Ocean BlackRhino and Ocean BlackHawk