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Spotlight

SENEGAL MAURITANIA

Tortue gas field: BP drastically lowers its expectations, to Sall and Ghazouani's dismay

The second development phase of the giant Grand Tortue Ahmeyim gas field will not be as ambitious as Macky Sall and Mohamed Ould Ghazouani had hoped. As for the third... [...] (404 words)

Issue dated 09/12/2020 Reading time 2 minutes

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Energy

BP likely to postpone FID for phase 2 for Grand Tortue

The British major has many political and technical issues to resolve before it can take its final investment decision. [...]

MAURITANIA SENEGAL Energy Diplomacy 29/09/2021

BP spearheads British diplomacy in West Africa

Senegal and Mauritania have become priority targets for British diplomacy since the gas discoveries at the Tortue field, which is being developed by BP. [...]

Spotlight

MAURITANIA SENEGAL Energy 15/09/2021

BP dithers over Tortue phase one launch

The British oil major has repeatedly revised its timetable for the offshore gas field as problems mount, much to the annoyance of the two governments involved. [...]

MAURITANIA Energy 13/09/2021

McDermott teams up with Bolloré to work for Kosmos and BP

In Nouakchott, US engineering firm McDermott has joined with Sogeco, whose director is also active in promoting US-Mauritanian business relations. [...]

SENEGAL Energy 11/05/2021

Still a long wait for final arbitral hearing between Petronor and Senegal

Norwegian-UAE firm Petronor and the Senegalese state have to wait another year before they hear the outcome of their dispute handed by the International Centre for Settlement of Investment Disputes (ICSID). [...]

GAMBIA Energy 31/03/2021

BP resigns to pay 'no drill' fine before leaving

British oil major BP is continuing its withdrawal from Africa as planned. After packing its bags in Madagascar, Sao Tomé and Principe and Ivory Coast, BP has negotiated its departure from block A1 in Gambia. [...]

SAO TOME AND PRINCIPE Energy 16/03/2021

BP boss Bernard Looney puts withdrawal plan into execution

As we predicted, BP is to withdraw from Sao Tomé and Principe. [...]

Spotlight

SENEGAL Energy 02/03/2021

BP discreetly discusses reducing stake in Grand Tortue

BP is ploughing ahead with plans to reduce its footprint in Africa. It is in particular looking at a major reduction of its stake in the Grand Tortue gas field straddling the maritime border between Mauritania and Senegal. [...]

SENEGAL Energy 15/02/2021

Grand Tortue and Sangomar unlikely to bring medium-term current account relief

Despite being seen as potential accelerators of Senegal's economic development, the Grand Tortue Ahmeyim and Sangomar hydrocarbons projects, which are operated respectively by BP and Kosmos Energy and by Woodside Energy, are not expected to markedly improve the country's economic performance in the medium term. [...]

MAURITANIA Energy 11/02/2021

BP's new Grand Tortue Ahmeyim project director pays first visit to Nouakchott

Emil Isa Oglu Ismayilov, who was quietly appointed head of BP's operations in Mauritania and Senegal in early December, made his first field trip at the end of January. [...]

Emil Isa Oglu Ismayilov, Grand Tortue Ahmeyim project supervisor for BP. © BP/Facebook

MAURITANIA Energy 21/12/2020

French firms Okan, IFP Training, and Sfere rule the roost in consulting

Since gas discoveries in 2015, the oil ministry has been calling on international experts to advise it on Mauritania's future strategy. French groups have carved out the lion's share of the market. [...]

SENEGAL Energy 23/10/2020

President Macky Sall is refusing to let oil minister Cissé take charge of local content

The decrees of application for the new law on local content, which have been long awaited by the Senegalese oil industry, are now ready. Their publication has been delayed, however, by a battle for control of local content between the presidency and the oil ministry. [...]

Senegal's President Macky Sall. © Abaca Press

Spotlight

AFRICA 21/10/2020

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