Petronas unit due interest off Senegal

PC Senagal, a Petronas subsidiary, has agreed to acquire a 30% participating interest in the Rufisque Offshore Profond block in Senegal from Total E&P Senegal. Total remains operator with a 60% interest. Petrosen holds the other 10%.

OGJ editors

Aug. 14, 2018

PC Senagal Ltd., a Petronas subsidiary, has agreed to acquire a 30% participating interest in the Rufisque Offshore Profond block in Senegal from Total E&P Senegal.

Total remains operator with a 60% interest. Ste. Nat. des Petroles du Senegal (Petrosen) holds the other 10%.

The block covers 10,357 sq km and has water depths of 100-3,000 m.

Petronas said exploratory drilling will begin in 2019 after interpretation of 3D seismic data. The farmin is the first venture in Senegal for the company, which is expanding its activity in West Africa.