The United States enter the Senegalese oil and gas market
Published on: Friday 15 March 2019 - 15:20 - Source:
Dakarmatin -
Thanks to BP, which had obtained operating contracts, the American companies McDermott International and Baker Hughes have also entered the natural resources of our country, including natural gas. Indeed, these last two firms obtained service contracts for equipment for the supply and installation of pipes, umbilicals and underwater structures (SURF) as well as equipment for subsea production system (SPS). They are preceded by Kosmos Energy, another American junior company ...
In front of our colleagues from the PressAfrik news site last July, the US ambassador to Dakar, HE Tulinabo Salama Mishungi, questioned the "silence" of US firms in oil exploitation and Senegalese, First, he pointed out that Kosmos (Energy), who worked at the site where gas was discovered, is an American company. S. Tulinabo Mishungi said his job also lies in giving US private companies information on the Senegalese market in order to interest them in the possibility of coming to invest in the country of Téranga.
"My job, on the commercial side, is to make sure that American companies are informed of what is here in Senegal. And that American companies that want it, can count on the embassy to help them better penetrate the market. We are also ensuring that American companies are able to compete on an equal footing with other companies in the world. Our job, therefore, is also to inform American companies of the opportunities that the Senegalese market offers, "he said. Finally, he said he hoped that "American companies could sit down at the table, apply for and have the opportunity to apply on the same footing as other companies from other countries" for oil and gas. Senegalese gas.
Two other US companies join Kosmos Energy
Eight months later, two other US companies join their compatriot Kosmos Energy, who has obtained a license to operate, develop and market oil and gas through BP. The first firm to have managed to enter Senegal-Mauritanian gas is McDermott International, an American multinational specialized in engineering, supply, construction and installation. It operates in the Americas, the Middle East, the Caspian Sea and the Pacific Rim. The other is Baker Hughes who is an American oil services company based in Houston.
It specializes in horizontal drilling and chemical products needed for hydraulic invoicing. Also noteworthy is that in November 2014, Halliburton announced the acquisition of Baker Hughes for $ 35 billion. In May 2016, the merger between Halliburton and Baker Hughes was permanently canceled in conjunction with the US and European competition authorities. In October 2016, General Electric announced the merger of its specialist oil services business with Baker Hughes. Creating a new entity, with a turnover of 32 billion dollars, taking the name of Baker Hughes but 62.5% owned by General Electric, the rest being for the original shareholders of Baker Hughes. In return, General Electric paid $ 7.4 billion to Baker's shareholders
Hughes .
Aldjouma Seck, specialist in oil geopolitics: "This interest of American companies for Senegalese oil and gas is driven by the desire to find other alternative sources of supply"
According to Aldjouma Seck, a specialist in oil and gas geopolitics and a teacher at the Performing Oil and Gas Distribution Professional Training Institute, whenever the United States is interested in new oil-producing countries, is to find alternative sources of supply. He recalls that the Middle East is the world's tap in terms of hydrocarbons. An area however unstable from the political point of view. And relying solely on the Middle East to provide coverage of its oil or gas needs would be, according to the teacher at the Performing Oil and Gas Distribution Professional Training Institute, a political and economic risk for United States. Thus, the issue for the United States is, according to Aldjouma Seck, to find other sources of supply safer and more stable.
"As a result, no matter where the oil is found, as long as it's not in the Middle East, it's of interest to the United States. The question of the size of hydrocarbons is very fluid. At first this may not play. As soon as there are traces of hydrocarbons, it is estimated that there may be many even if the first discoveries are very insignificant. Technological progress means that, even if you have insignificant quantities today, you can have significant quantities tomorrow. At this point in time, we have only Kosmos Energy, a junior in the sector, as well as these two service companies, including McDermott International and Baker Hughes. This interest of American companies for our oil and gas is driven by a desire to find other alternative sources of supply, "concludes the expert in oil and gas geopolitics
Aldjouma Seck ...
Oil and Gas Exploitation: Petrodive prepares local workforce
Published on: Monday 11 March 2019 - 12:20 - Source: Seneweb
The next semesters will be very decisive for the oil and gas deposits discovered in Senegal. To better prepare and prepare the local workforce, the multinational Petrodive, which will work with oil and gas companies invested in Senegal, has decided to send young Senegalese in training on the oil and gas trades. gas. This, as part of the implementation of the local content component. It has invested hundreds of millions on those who will become the first Senegalese divers of class 3.
The first Senegalese divers
The Director General of Pétrodive Sénégal, Moustapha Biteye, explains that by this act, Petrodive expresses the interest that it carries with the promotion of the participation of the Senegalese labor force in all the chain of value of the oil industry and gas. "By this gesture, we come to contribute modestly to the building that Senegal builds on the horizon of the exploitation of its resources", indicated Mr. Biteye.
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