Name of the Project
SNE field development.
Location
The project is located in the Sangomar Deep Block, 100 km south of Dakar, in Senegal.
Project Owner/s
Cairn Energy Senegal (40%), Woodside Energy Senegal (35%), FAR Limited (15%) and Petrosen (10%) under a product sharing agreement.
Project Description
The SNE field is a phased deep-water conventional oil development and is expected to be Senegal’s first offshore oil development. The field covers about 350 km2 and has two distinct horizons with a stacked series of S400 upper reservoirs overlying S500 lower reservoirs.
The proposed project will be developed in three phases to recover 46-million barrels of crude oil reserves and one-billion cubic feet of natural gas reserves.
The first phase will principally target the S500 resource, with up to 23 subsea oil production, water injection and gas injection wells tied back to a floating production and storage offloading (FPSO) facility.
The FPSO, with a proposed 100 000 bl/d oil equivalent production capacity, will be located towards the eastern edge of the SNE field in waters about 800 m deep.
Potential Job Creation
Not stated.
Capital Expenditure
The field development of SNE requires a capital investment of $5.83-billion for three phases.
Planned Start/End Date
First oil from the FPSO is expected in 2022.
Latest Developments
Woodside Energy has awarded MODEC International a contract for an FPSO vessel.
Under the contract, MODEC will perform front-end engineering design (FEED) for the FPSO and, subject to a final investment decision of the SNE field development this year, will be responsible for the supply, charter and operations of the FPSO.
Key Contracts and Suppliers
Subsea Integration Alliance (subsea
FEED scope) and MODEC International (FPSO FEED).
On Budget and on Time?
Too early to state.
Contact Details for Project Information
Cairn Energy, tel +44 131 475 3000 or fax +44 131 475 3030.
Woodside Energy, tel +61 8 9348 4000 or fax +61 8 9214 2777.
FAR Limited, tel +61 3 9618 2550 or email info@far.com.au.