Woodside notes recent media reports stating that Senegal has been forced to delay its first oil and gas projects by up to two years because of the COVID-19 pandemic.

Woodside reiterates that first oil from the Sangomar Field Development Phase 1 remains on track for 2023, in line with previous guidance.

Map source: KeyFacts Energy

Woodside and its joint venture partners took an unconditional final investment decision for the Sangomar Field Development Phase 1 and commenced execution phase activities in January 2020.

Since then, Woodside has taken early action to proactively manage the emerging impacts of COVID-19 on the supply chain and project schedule. The company are working with project contractors, the Government of the Republic of Senegal and their joint venture partners to optimise near-term spend whilst protecting the overall value of the investment and deliver first oil in 2023.

KeyFacts Energy: Senegal company/country profiles:   Woodside   l   FAR