Senegal, a West African country which has seen several major oil and gas discoveries in recent years, is launching a new licensing round to award three offshore blocks as it expects its first already sanctioned oil and gas projects to come online by the middle of the next decade. “We are launching today for the first time in the history of petroleum exploration in Senegal a licensing round of three blocks of sediment basin,” Reuters quoted Senegalese Oil and Energy Minister Mahamadou Makhtar Cisse as saying at an oil conference in South Africa. The licensing round will be promoted at international oil conferences in London, Houston, and Dakar during a first phase of the process, while energy companies will be able to evaluate the blocks’ potential between the end of January and end of July 2020, the minister noted. In recent years, Senegal has seen a lot of predominantly […]