Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Africa’s new producers struggle for financing
IOCs and Western lenders are reluctant to commit to new oil and gas projects in African frontier countries
Hydrocarbon Processing Refining Databook 2025: Middle East & Africa
The Middle East is focusing on modernisation and expansion projects, while Africa is seeking to reduce its imports of refined products
Senegal starts crude production
This will be a transformative year for the West African nation, as first LNG is also expected before the end of 2024
Letter from Paris: Africa eyes future fuelled by oil and gas
A recent industry forum highlights how developing nations see hydrocarbons very differently from some in the West
Senegal eyes global and domestic energy markets
Dakar is keen to meet its own energy needs, even as major export projects near start up
Global LNG analysis report 2023 — Part 1
Decarbonisation and the war in Ukraine are just two of the factors driving the massive investment in liquefaction and regasification around the world. The first part of this deep-dive analysis looks at developments in Africa
Greater Tortue Ahmeyim FPSO sets sail
The LNG project’s vessel is due to arrive in the second quarter
Woodside sees long-term future for LNG
CEO Meg O’Neill is positive about the prospects for gas as the energy transition gathers pace
Is floating LNG coming of age in Africa?
Offshore liquefaction projects seem well-suited for the continent’s upstream
Africa's upstream to feel transition squeeze
The continent’s oil production will decline in the 2020s while gas production will increase before starting to slip, according to the IEA
Senegal Cairn Energy
Ian Lewis
26 April 2017
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Senegal's offshore oil plans inch ahead

Cairn seeks to manage expectations, as reserve estimates grow

Cairn Energy is pushing on with exploration and appraisal around its existing Senegalese offshore oil finds, as it seeks to move ahead with what could be one of the largest frontier oil developments of the next few years. The explorer says it doesn't want to fall into the trap of promising an overly ambitious schedule to a government eager to see early returns from the project, but the low prevailing drilling costs still make rapid progress attractive. A third phase of exploration drilling got underway in early 2017, using the Stena DrillMax rig, with two appraisal wells planned and several further ones possible, including on new exploration prospects. The first of the appraisal wells, SNE-5

Also in this section
EIA again cuts US gas price forecasts, but market still to tighten
21 August 2025
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year, on the back of
Letter from Azerbaijan: Net-zero strategy to reshape South Caucasus
Opinion
19 August 2025
ExxonMobil’s MOU with SOCAR, unveiled in Washington alongside the peace agreement with Armenia, highlights how the Karabakh net-zero zone is part of a wider strategic realignment
Oil outlook: Who and what to believe?
19 August 2025
OPEC and the IEA have very different views on where the oil market is headed, leaving analysts wondering which way to jump
India’s retreat from Russian oil could cause global trade flow shockwaves
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search