Sangomar field development approved

Jan. 10, 2020

Sangomar field development Phase 1 has been approved by the Rufisque Offshore, Sangomar Offshore, and Sangomar Deep Offshore (RSSD) joint venture (OGJ Online, Dec. 5, 2019). Woodside, as JV operator, has executed the purchase contract for the floating production storage and offloading (FPSO) facility and issued full notices to proceed for the drilling and subsea construction and installation contracts.

Modec Inc. was let a contract for an FPSO with an oil processing capacity of 100,000 b/d. Subsea Integration Alliance (a non-incorporated alliance between Subsea 7 and OneSubsea) was let a contract for construction and installation of the integrated subsea production systems and subsea umbilicals, risers, and flowlines. Diamond Offshore was let two well-based contracts for Ocean BlackRhino and Ocean BlackHawk drilling facilities.

Exploitation Authorization by the government of Senegal was granted Jan. 8 (OGJ Online, Jan. 9, 2020).The JV also has received regulatory approvals to proceed, including the execution of the Host Government Agreement with the Government of Senegal.

Phase 1 targets an estimated 231 MMbbl of oil resources (2P gross, 60 MMbbl (2P) reserves Woodside net economic interest) from the lower, less complex reservoirs, and an initial pilot phase in the upper reservoirs. As a result of the first reserves booking for Sangomar development, the Woodside reserves increased by 60 MMboe at the 2P confidence level.

First oil is expected in early 2023.