Senegal hunts for oil

By | September 2, 2011

From Bloomberg:

Energy companies operating in Senegal will drill three offshore wells next year as the West African nation vies to join a growing group of regional crude producers, according to the state-owned oil company,Petrosen.

Senegalese officials held talks with more than 10 oil companies this year in attempts to lure investors to its energy industry, said Joseph Medou, Petrosen’s geologist, in an interview in Dakar Aug. 25.

“If we make comparisons to what is happening in Ghana and Ivory Coast, to Sierra Leone, we think we have the same kind of plays,” he said.

Read here.

On the current political situation in Senegal, see this Project Syndicate column from Sanou Mbaye.

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