The first development phase of the oil field, still ongoing with new exploratory drilling planned, is expected to cost between $4.9 and $5.2 billion. Woodside has an 82 percent stake in the deepwater project with the remainder held by Senegal’s state-owned energy company Petrosen.
Does Senegal have oil?
Senegal has joined the ranks of oil-producing nations with Australian company Woodside Energy on Tuesday announcing the start of production in the West African country’s first offshore project. The discovery of oil and gas fields in 2014 raised great hopes for the economy of Senegal, among the 25 least developed countries in the world.
Who owns Senegal’s oil & gas field?
The field also contains natural gas. Woodside has an 82-percent stake in the deepwater project with the remainder held by Senegal’s state-owned energy company Petrosen. The discovery of oil and gas fields in 2014 raised great hopes for the economy of Senegal, among the 25 least developed countries in the world.
How does cotton seed oil refinery work?
Cotton Seed Oil Refinery consists of the following process steps: The crude oil is pumped to the Neutralizer from the storage tank. In Neutralizer the oil is heated up to 60-70 degree C by means of the live and indirect steam provided in to the Neutralizer.