The National Oil Company of Senegal, PETROSEN, officially launched the 2020 offshore licensing round at the MSGBC Basin Summit & Exhibition in Dakar, Senegal. The licensing round comprises twelve blocks on offer in the MSGBC Basin, offshore Senegal. The Round opened on Friday 31st January 2020, and companies will be able to submit bids over the coming six months, with final applications delivered to the Ministry of Petroleum and Energy at the latest by Friday, July 31st, 2020.
The licensing round seeks to increase investment in the country, presenting opportunities for short medium and long-term investment, with future rounds planned.
Roadshows are planned to take place in London on 20th February, and in Houston on 25th February 2020.
TGS, which provides a library of multi-client geoscience data to oil and gas exploration & production (E&P) companies worldwide, holds a range of data across this acreage to support the licensing round, including 2D seismic, 3D seismic, multibeam and seafloor sampling solutions.
TGS is also partnering with GeoPartners on an active 3D seismic acquisition to acquire additional regional data so that interested parties can gain greater subsurface understanding ahead of bid submissions. This latest stand-alone survey (SN-UDO-19) is located in northern Senegal and is an extension to the recently completed SS-UDO-19 3D acquisition in southern Senegal. The survey has been designed to illuminate plays in ultra-deep water, enabling explorers to build upon the success the basin has experienced with the Sangomar field, the GTA complex and Yakaar discoveries. The SN-UDO-19 survey is over 90 percent complete, with fast track data available during the second quarter of 2020. The full dataset will be available by Q4 2020.
For further information on TGS data covering the entire MSGBC Basin, please contact us using the form to the right.
The Mauritania, Senegal, Gambia, Guinea-Bissau and Guinea Conakry (MSGBC) Basin is home to several recent high-profile oil and gas discoveries, both on and off the shelf. The palaeo shelf-edge carbonate trend extending south of the Sangomar field and the expanse of prospective area outboard of this to the north and south have led many explorers to the region.