So much for transfer of operatorship to WPL being imminent... whoopsie!
gh.
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Petroleum Exonomist article excerpt:
The African oil story isn't all about the established producing nations though. FID on Senegal's SNE deep-water development, located around 100km offshore from the capital, Dakar, was pencilled in for around the end of 2018. However, the need to resolve a legal objection by minority shareholder Far into the acquisition of a stake by Australia's Woodside could delay FID until well into 2019. Woodside was set to take over operatorship for the $2bn production phase of the development from current operator Cairn Energy, but is unlikely to do so until the dispute is settled.
Cairn estimates SNE has 2C oil resources of over 550m barrels and is targeting first oil in 2021-23 via an FPSO.
Link to full article:
http://www.petroleum-economist.com/.../2018/africa-is-back-on-the-deep-water-agenda
Transfer of Operatorship
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