Production starts at Senegal's first offshore oil project

DAKAR, Senegal — Production has started at Senegal ’s first offshore oil project, the Australian group Woodside Energy said Tuesday, as the country’s new government eyes higher profits from natural resources.

The vessel extracting the oil is moored about 100 kilometers offshore at the Sangomar oil fields. The project aims to produce 100,000 barrels of oil per day, the statement said. “The exploitation of our natural resources, which according to the constitution belong to the people, will receive particular attention from my government,” President Bassirou Diomaye Faye said in his first address to the nation in April. “I will proceed with the disclosure of the effective ownership of extractive companies with an audit of the mining, oil, and gas sector.

Source: Energy Industry News (energyindustrynews.net)

General News I Government Programs Business Ousmane Sonko F Politics World News World News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian Dollar depreciates ahead of the Australian Budget ReleaseThe Australian Dollar (AUD) retraces its recent gains on Tuesday ahead of the Yearly Budget Release by the Australian Government due to be published later in the day.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Yellowjackets Set Photos Announce Season 3 Production StartYellowjackets Season 3 is officially in production - and some ominous new set photos confirm it!
Source: ComicBook - 🏆 65. / 68 Read more »

Electric Toyota Hilux Pickup Production To Start In 2025The fully electric Toyota Hilux Revo will enter production in Thailand by the end of next year, and it probably will be exported to other markets as well.
Source: InsideEVs - 🏆 579. / 51 Read more »

Dwayne Johnson Unveils Production Start Window for Live-Action Moana MovieDwayne Johnson has shared a brand new production update about Disney's forthcoming live-action Moana movie.
Source: comingsoonnet - 🏆 578. / 51 Read more »

Knives Out Director Confirms Wake Up Dead Man Production Start With BTS Daniel Craig PhotoCameras are now rolling on Wake Up Dead Man: A Knives Out Mystery.
Source: ComicBook - 🏆 65. / 68 Read more »

Knives Out 3 Photo Announces Production Start, Rian Johnson Teases Ensemble CastRian Johnson shares a photo from the set of Knives Out 3 that announces production on Netflix's Wake Up Dead Man has now officially begun.
Source: comingsoonnet - 🏆 578. / 51 Read more »