Search

Senegal’s Petrosen shifts to $100mn onshore oil exploration

Oil drilling rig Photo Marian Lupan @ Unsplash
Oil drilling rig Photo Marian Lupan @ Unsplash
  • $100m onshore oil exploration approved for launch
  • Energy sovereignty drive raises price impact questions

 

DAKAR, SENEGALSenegal is pivoting from offshore oil success to a $100 million onshore exploration programme aimed at deepening energy sovereignty and reshaping its long-term industrial strategy.

As the country prepares to celebrate its first offshore oil production, national oil company Petrosen is accelerating plans to explore untapped onshore reserves. Management has approved a large-scale exploration programme, budgeted at $100 million and scheduled to launch this year.

Recent Business

Dar es Salaam, Tanzania. © Unsplash
Tanzania inflation slows to 3.2% in February
Read More »
Gas pipeline. Photo @ Unsplash
Senegal kicks off domestic offshore gas production
Read More »
Ethiopian Airlines commercial flight. Photo by Bornil Amin @ Unsplash
Ethiopian Airlines suspends Middle East flights as US-Israel-Iran conflict escalates
Read More »

Recent Politics

Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »

Latest Posts

Latest news insights