Senegal govt to oil companies: meet drilling obligations and have bank guarantee...
Cash call a hurdle for Senegal drilling drive
Demands for bank guarantee adds to pressure for players told to meet exploration commitments
Senegal's Energy Ministry and state-owned Petrosen are challenging oil companies to meet their drilling obligations without delay, although the government has complicated matters by insisting all incumbents produce a bank guarantee if they expect to negotiate licence extensions.
After Thierno Sall was sacked from his role as energy minister in May, Senegal is keen to shore up the momentum gained from a spate of deep-water discoveries.
President Macky Sall has called for an “accelerated exploration programme", with a particular focus
Senegal govt to oil companies: meet drilling obligations and...
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