Senegal plans to offer 109 oil and gas blocks to local and foreign investors, Energy and Petroleum Minister El Hadji Abdourahmane Diouf said, according to Oilprice.com, citing Reuters.
Only four of Senegal’s 113 oil and gas blocks have so far been awarded under contracts, Diouf said.
“The remaining 109 will be put on the market,” the minister said, according to Reuters.
“The president’s plan is to create local leaders in the energy, oil and gas sectors,” Diouf added.
Several oil and gas discoveries offshore Senegal over the past decade have helped kick-start the country’s petroleum industry. Senegal launched its first oil project in 2024 and began LNG exports a year later from a gas project developed jointly with Mauritania.
The start-up of Senegal’s first oil project in 2024 helped drive economic growth to a record high.
Australia-based Woodside Energy achieved first oil from the Sangomar oil project in June 2024.
The Sangomar Field Development Phase 1 is a deepwater project that includes a floating production, storage and offloading (FPSO) facility with a nameplate capacity of 100,000 barrels per day (bpd), along with subsea infrastructure designed to support subsequent development phases, Woodside said.
“First oil from the Sangomar field marks a new era not only for our country’s industry and economy, but most importantly for our people,” Thierno Ly, general manager of Senegal’s national oil company Petrosen, said at the time.
In 2025, BP, the operator of the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal, loaded its first LNG cargo for export.
Phase 1 of GTA is expected to produce about 2.3 million metric tons of LNG per year, with the project expected to produce LNG for more than 20 years, BP said.
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