Far Limited

Far has announced that the Government of Senegal has approved the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore joint venture and granted the Exploitation Authorisation for the Sangomar Field offshore Senegal.

The multi-phase development will go ahead using a stand-alone FPSO with 23 subsea wells and supporting subsea infrastructure.  First oil is targeted in early 2023 and there will be scope for gas export to shore and future subsea tiebacks.

Far MD Cath Norman correctly called this a momentous milestone and that Far has played an integral part in the discovery, appraisal and now commitment to develop the significant oil resources offshore Senegal.