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.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: InsideEVs - 🏆 579. / 51 Read more »