The MSGBC Basin is fast becoming the rising star of Africa
With Kosmos Energy’s multi TCF gas discoveries from the Tortue and Teranga wells off the coast of Senegal and Mauritania, as well as Cairn Energy’s SNE-1 discovery and the promising appraisal programme in BEL-1, the MSGBC region is quickly becoming the rising star of Africa.
Looking at Senegal, the oil and gas sector is on the brink of change. A new petroleum code to attract further investment into the country will also be released before the end of this year. Operators will now fully understand which taxes are applicable to them when entering the country, allowing for a more transparent and coherent relationship between the public and private sector and based on profit sharing agreement on producing assets. There is also a potential for a competitive licensing round and a relinquishment of assets in the country.
The only event focused on Africa’s most exciting region
On the 23rd -24th of November, Petrosen is delighted to be co-hosting the MSGBC Summit and Exhibition in Dakar.
Bringing together all Ministries and NOCs from the MSGBC region, major and independent operators, the summit is the ideal place to understand how to bring the MSGBC region into the next stage of hydrocarbon exploration and production.
Join us in Dakar to make the necessary connections to advance your business in Senegal and the whole MSGBC region.
I look forward to seeing you in Dakar.