Senegal’s national oil company, Petrosen, intends to run its own $100 million exploration program this year to look for crude oil in onshore areas.
In the past few years, the country has become a notable oil and gas producer following the start of production at the BP-led Greater Tortue Ahmeyim field and Woodside Energy’s Sangomar development.
Petrosen now wants to lead the next discovery itself, according to CEO Alioune Gueye. He noted that offshore finds suggest similar potential may exist on land and said the company is committing at least $100 million to kick off the effort.
Across Africa, state oil companies in countries such as Nigeria, Equatorial Guinea, and Angola are working to build their capacity so they can take on stronger roles as explorers and operators, although gaining the technical expertise and funding needed to compete remains a challenge.
BP shipped its first LNG cargo from the GTA floating project in 2025, while Woodside started oil production the year before. Both projects faced delays before reaching output.
Gueye added that Senegal has not carried out onshore exploration for decades, but the goal is to achieve a meaningful discovery in its land basins before the end of the year.
source: www.bloomberg.com
African Energy Council