Woodside Gets Approval for RSSD Joint Venture

  • Jan 09, 2020 AEDT
  • Team Kalkine

Woodside Energy has announced that the Senegalese Government has accepted the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture (JV) exploitation plan. The RSSD JV consist of Woodside Energy (Senegal) B.V., Capricorn Senegal, FAR Ltd and Petrosen.

  • The Sangomar Development idea is an isolated floating production storage and offloading (FPSO) facility, that has 23 subsea wells and supporting subsea infrastructure;
  • The FPSO is expected to have a production capacity of 100,000 bbl/day, that will process the oil before it is exported to market via tankers.

At AEDT 12:54PM, the stock was trading at $35.820 per share, down by 0.885% from its previous close.


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