Page 16 - AfrOil Week 25

AfrOil PROJECTS & COMPANIES AfrOil

Sangomar still set to come on line in 2023

SENEGAL AUSTRALIA’S Woodside Energy has said that oil in 2023.”
the RSSD consortium is not looking to push The RSSD joint venture includes PetroSen,
back deadlines for the first stage of development the national oil company (NOC) of Senegal,
work at the Sangomar block offshore Senegal. Cairn Energy of the UK and FAR of Australia,
In a statement dated June 23, the company, as well as Woodside. Equity in the project is split
which serves as operator of the project, said between Woodside, the operator, with 35%;
there was no truth to reports that production Cairn, with 40%; FAR, with 15%, and PetroSen,
would begin one or two years behind sched- with 10%.
ule as a result of the coronavirus (COVID-19) The Sangomar block includes three separate
pandemic. Instead, it said, work will proceed fields – Rufisque, Sangomar Offshore and San-
according to the previously announced timeline. gomar Deep Offshore – that give the RSSD joint
“Woodside reiterates that first oil from the venture its name. The group discovered oil there
Sangomar Field Development Phase 1 [pro- in 2014 and has determined that the block holds
gramme] remains on track for 2023, in line with an estimated 645mn barrels of oil equivalent
previous guidance,” it declared. (boe) in recoverable reserves, including 485mn
The Australian company pointed out that it barrels of crude oil and 160mn boe of natural
had committed to developing Sangomar in Jan- gas. ™
uary of this year, when it joined with its partners
in making a final investment decision (FID) on
the project. Since then, it said, the group has
already instructed its contractors to move ahead
with drilling, subsea construction and installa-
tion work at the block.
“Woodside has taken early action to proac-
tively manage the emerging impacts of COVID-
19 on the supply chain and project schedule,” the
statement added. “We are working with project
contractors, the government of the Republic of
Senegal and our joint venture partners to opti-
mise near-term [spending] whilst protecting the
overall value of the investment and deliver first The RSSD group found oil at Sangomar in 2014 (Image: Cairn Energy)

Renergen, Total team up for LNG sales

SOUTH AFRICA SOUTH Africa’s Renergen is working with a be logistics companies operating trucks along
subsidiary of France’s Total on the marketing the main routes across the country,” it said. Ren-
and distribution of LNG. ergen has already arranged to allocate a “signifi-
In a statement dated June 18, Renergen said cant portion” of the initial output from its plant
it had signed an agreement with Total South to a number of transport operators, it added,
Africa on co-operation in this area. The deal without identifying any of the future buyers.
will allow the former company to sell a part of The first Total stations to sell LNG lie along
its LNG production at the latter’s filling stations. the N3 road, which links Durban and Johannes-
The statement did not reveal the value of the burg, the statement said. Once the second phase
deal or say how much LNG it hoped to sell via of Renergen’s LNG plant begins operating, the
Total’s filling station chain. It did say, though, partners will expand sales and start making
that the fuel would come from the gas liquefac- LNG available on routes leading to other major
tion plant that Renergen is building within the cities in South Africa, it noted.
framework of its upstream Victoria gas project. Total and Renergen are working to make
The company “is in the construction phase of the case for LNG as a more environmentally
South Africa’s first commercial LNG plant and friendly fuel for long-haul trucking, the state-
is anticipating a turn-on date of the plant around ment reported. “The LNG displaces diesel usage,
the third quarter [of] 2021,” it explained. reducing operating costs and helping customers
It went on to say that the partners intended meet their sustainability targets due to the signif-
to supply the LNG to trucking companies. “The icantly lower greenhouse gas [GHG] emissions
customer base for the LNG will predominantly from natural gas over diesel,” it said. ™

P16 www. NEWSBASE .com Week 25 24•June•2020