Where did it all go right for Senegal?
Major oil and gas discoveries make the country set to move from speculative play to producer
Just over three years ago, Senegal was in a pack of wannabe African oil states, albeit one with some decent frontier prospects. Now it can boast two separate major hydrocarbons developments, in the SNE and Greater Tortue projects, both seemingly on track towards start up in the early 2020s and supported by an influx of major industry players. This outcome reflects the alignment of several major factors needed to make successful frontier exploration stack up. As a politically stable country with one of the region's better performing economies, a solid legal framework and a stable currency in the CFA franc, Senegal gives oil investors confidence. Better still, the democratically elected presid
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
