Woodside and its joint venture (JV) partners took an unconditional final investment decision (FID) for the Sangomar Field Development Phase 1 and commenced execution phase activities in January 2020.
The company has said that it is working with project contractors, the Government of the Republic of Senegal and JV partners to optimise near-term spend whilst protecting the overall value of the investment and deliver first oil from thedeepwater offshore field in 2023.In March 2020, JV partner Cairn Energy reduced its planned investment to below US$330 million from the initial forecast of US$400 million.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/23062020/woodside-says-sangomar-field-still-on-course-for-first-oil-in-2023/
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