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Acquisitions and Divestitures News in Senegal

Petrosen Seeks Tenders for Disputed Block Offshore Senegal
10/8/2018 - African Petroleum, an independent oil and gas exploration company with licence interests in offshore West Africa, notes the recent update issued by Petrosen which states that it is seeking tenders for...
Petronas Acquires 30% in Senegal’s Rufisque Offshore Profond Block
8/13/2018 - PETRONAS through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, to acquire a 30% participating interest in the Rufisque Offshore ...
BP Seeks Stake in Cairn Energy Senegal Assets
11/20/2017 - Oil exploration company Cairn Energy (CNE.L) is in talks with BP to sell a 30 percent stake in its deepwater SNE field offshore Senegal, which could be valued at around $600 million, banking sources a...
African Petroleum Comments on Rufisque Profond Block Award to Total
5/3/2017 - African Petroleum notes the press release by Total on 2 May 2017 where it states that it has entered into an agreement with the Republic of Senegal that “…involves an exploration and production sharin...
Total Signs Agreements to Explore Senegal’s Deepwater Potential
5/2/2017 - Total and the Republic of Senegal have signed two agreements enabling Total to contribute to the exploration activities in Senegal’s deep and ultra-deep offshore. ...
African Petroleum to Farm Out Senegal & Gambia Licences
4/18/2017 - African Petroleum, an independent oil and gas exploration company operating high impact exploration licences offshore West Africa, has signed non-binding heads of terms and a binding exclusivity agree...
FAR Signs Strategic AMI with CNOOC Offshore Senegal & Gambia
3/31/2017 - FAR has signed an Area of Mutual Interest (AMI) agreement with CNOOC UK Limited (CNOOC UK). The AMI covers selected licences offshore Senegal and The Gambia within the designated area. The AMI provide...
Impact Oil & Gas Farms Out Interest in AGC Profond PSC to CNOOC
3/29/2017 - Impact Oil and Gas Ltd, the African-focused pure exploration company, is pleased to announce that its subsidiary, Impact Oil & Gas AGC Ltd (Impact), has reached an agreement with CNOOC UK Limited (CNO...
Kosmos Energy Completes Transaction with BP in Senegal
2/23/2017 - Kosmos Energy has received government approval and completed its previously announced transaction with BP in Senegal. Under the terms of the deal, BP acquired a 49.99 percent interest in Kosmos BP Sen...
FAR Disputes Conocophillips' Sale of Senegal Assets to Woodside
10/31/2016 - FAR Ltd notes public announcements made by ConocoPhillips (COP) and Woodside Petroleum Limited (WPL) in relation to the proposed sale of COP’s Senegal assets. As noted by both COP and WPL in announcem...
ConocoPhillips Completes $440m Sale of Exploration Blocks in Senegal
10/28/2016 - ConocoPhillips has completed a transaction for the sale of its shares in ConocoPhillips Senegal BV, which holds a 35 percent interest in three exploration blocks offshore Senegal. The total sales pric...
Proposed Conditional Sale of ConocoPhillips Interest in Senegal
8/23/2016 - As duly reported in prior public statements by ConocoPhillips and Woodside, ConocoPhillips has confirmed to FAR Ltd that it has a right of pre-emption over the proposed sale of ConocoPhillips interest...
Woodside Agrees to Acquire ConocoPhillips' Interests in Senegal
7/14/2016 - Woodside has entered into a binding Purchase and Sale Agreement (PSA) with ConocoPhillips to acquire all of ConocoPhillips’ interests in Senegal for the purchase price of US$350 million, based on an e...
Woodside Acquires 65% Interest in AGC Profond Block
2/18/2016 - Woodside advises that its subsidiary Woodside Energy (Senegal) Pty Ltd has entered into an agreement with Impact Oil & Gas AGC Ltd (Impact) to acquire a 65% participating interest in a Production Shar...
FAR Secures Option on New Block Offshore Senegal
9/24/2015 - FAR Ltd has entered into a farm in option agreement with a subsidiary of Trace Atlantic Oil Ltd for the Djiffere block offshore Senegal. The Djiffere block is adjacent to FAR’s highly prospective Rufi...
Tender Oil & Gas Signs PSC in Senegal
2/2/2015 - Tender Oil & Gas Casamance (TOG), a Tender Group subsidiary, recently signed a production sharing contract (PSC) with Senegal’s Ministry of Energy and Petrosen - the national oil company of Senegal. W...
Impact Awards Licence Offshore Senegal/Guinea-Bissau
10/24/2014 - Impact Oil and Gas, the African-focused pure exploration Company, is pleased to announce the award of a new exploration licence covering the AGC Profond block, located offshore, in the Senegal Guinea ...
Oryx Acquires 85% Interest in AGC Central License Area
10/16/2014 - Oryx Petroleum Corporation Limited has acquired an 85% interest in the AGC Central license located in the joint development offshore area between Senegal and Guinea Bissau. ...
Kosmos to Buy into Senegal Offshore Blocks for $400m
10/4/2014 - Kosmos Energy is set to sign a $400 million "farm-in" agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore block...
Cap Energy Acquires an Indirect Interest in Block Djiffere
2/20/2014 - Cap Energy PLC has acquired an indirect interest in the oil and gas exploration licence on the Block Djiffere (the "Djiffere Licence"), offshore Senegal. ...

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