Woodside Energy Ltd. will halt the current sell-down process of its interest in Sangomar oil field offshore Senegal, West Africa, the company said in its second-quarter 2022 report.
Last year Woodside amassed 82% interest in the field following the acquisition of interests held by Cairn Energy and FAR Ltd. Senegal’s national company Petrosen holds the remaining 18%.
Woodside is operator of Sangomar, which is currently undergoing Phase 1 development. Work was 63% complete at the end of the reporting period, the company said.
Installation of the mooring system for the floating production, storage, and offloading (FPSO) vessel was completed this month. The FPSO itself is expected to be moved from the current shipyard in China to the Keppel shipyard in Singapore in October to complete commissioning.
At the field, development drilling is progressing and a second drillship, Ocean BlackHawk, also began work this month.
The subsea installation campaign is expected to begin in this year’s third quarter.
Work Phase 1 development began early in 2020 and first oil is scheduled for 2023. It will be Senegal’s first commercial oil project.
Sangomar field, formerly known as SNE field, was discovered by FAR in November 2014 in 1,100 m of water about 100 km south of Dakar.