Senegal: bidding for hydrocarbons transparency
- June 7, 2018
- - 4:17 pm
Summary: A publicly-consulted strategic framework for Senegal’s oil and gas regime will underwrite a positive outlook for Cosmos Energy, Cairn Energy and Senegalese Eurobonds and even extend as far as Mauritania where industry majors ExxonMobil and Total are actively exploring Analysis The Senegalese government will launch a national dialogue on June 12 aimed at obtaining and conveying transparency for the country’s nascent oil and gas industry. The move affirms a positive geopolitical outlook for both Cosmos Energy and Cairn Energy who are actively drilling off Senegal’s coast. Senegal’s openness furthermore puts positive pressure on neighboring Mauritania to achieve similar transparency …
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