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SNE2 First Appraisal Well Starts Drilling Offshore Senegal

The first appraisal well to be drilled on the SNE oil field located 100km offshore Senegal has been spudded. The SNE-2 well will be drilled in approximately 1,100 metres of water and drilled to a TDVSS (total vertical depth subsea) of approximately 2,770 metres before an evaluation program including logging, coring and flow testing is undertaken.

American Capital Energy & Infrastructure Announces Commitment to Invest in West Africa's Largest Wind Farm

American Capital Energy & Infrastructure ("ACEI") announced today a commitment to invest in Senegal's first industrial-scale wind power project and the largest wind farm planned in West Africa.  The project will help the country reduce its reliance on high-cost oil-fired power generation.  The total capital cost of this facility is estimated at €305 million, with ACEI anticipating to provide an estimated €76 million of equity and the remainder expected from senior and mezzanine lenders.

African Petroleum Enters First Renewal Period on Senegal Licence

African Petroleum Corporation, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa, is pleased to announce that its subsidiary African Petroleum Senegal Limited has just received confirmation from the President in the form of a Presidential decree of entry into the First Renewal Period on licence Senegal Offshore Sud Profond (“SOSP”). Prior to entering into the First Renewal Period, Petrosen (the National Oil Company of Senegal) agreed to defer the existing well commitment of the First Renewal Period of SOSP by 18 months to allow for further technical work by the Company prior to drilling.

Second Significant Oil Discovery Offshore Senegal

FAR Ltd (ASX: FAR) has made a second oil discovery offshore Senegal in West Africa in the SNE-1 well. The SNE-1 well has discovered a 95 metre gross oil bearing column with net oil pay zone thickness of 
36 metres in Albian aged sandstones which display excellent reservoir potential. High quality 32° API oil has been recovered to the surface.

ContourGlobal & Senegal Sign Agreement To Bring 53 MW Of New Thermal Electricity Generation In 2015

ContourGlobal, an international power generation company, announced today that it has signed an agreement with the Senegalese national utility, Societe Nationale d'Electricite du Senegal (SENELEC), to rehabilitate an existing brownfield site and construct a new 53 MW thermal facility under a 20-y

Senegal Drilling Program

FAR had previously announced a modification to the Senegal drilling programme in order to incorporate essential maintenance. FAR holds 15% and is in a Joint Venture with Cairn (40%) and Operator, ConocoPhillips (35%) and Petrosen (10%).

Frost & Sullivan Applauds SkyVision's Dramatic Growth across the Oil and Gas Industry

Based on its recent research on the ICT in the oil and gas industry, Frost & Sullivan presents SkyVision with the 2014 African Award for Vertical Market Penetration Leadership. SkyVision has established a strong local presence by developing a comprehensive network of local partners and representatives throughout Africa.

Orange And Total Have Signed A Partnership To Distribute Orange Money At TOTAL Service Stations In Africa And The Middle-East

Orange and Total have signed a partnership giving Orange customers access to Orange Money services at all TOTAL service stations in African and Middle-Eastern countries where the two groups are present and Orange Money is available, a total of 13 countries1 to date.


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