Total expands into E&P in Senegal’s deep water

May 2, 2017
Total SA and Senegal have signed two agreements that will permit Total to contribute to the exploration activities in Senegal’s deep and ultradeep waters.

Total SA and Senegal have signed two agreements that will permit Total to contribute to the exploration activities in Senegal’s deep and ultradeep waters.

Already an established refiner and marketer in Senegal, Total is expanding its exploration and production reach into the country.

The first agreement involves an E&P sharing contract for the 10,357-sq km Rufisque Offshore Profond block. Total will be the operator with a 90% interest alongside Petrosen, holding the remaining 10%.

The group also signed a cooperation agreement with Petrosen and Senegal’s Ministry of Energy and Renewable Energy Development under which Total will perform studies to assess the exploration potential of Senegal’s ultradeep water and become operator of an exploration block.