EMI completes business development visit to Senegal
07/08/2023
EM&I has been requested by one of the world’s largest owners and operators of floating production storage and offloading (FPSO) units to investigate their newest country of operation in Senegal.
In April 2023, EM&I’s African Regional Development Manager set out to visit the country to meet with existing and new clients as well as indigenous potential partners to research the opportunities and risks of performing future business in the country. The aim of this visit was to support the company with its new operation, which, in the fourth quarter of 2023, will see it become the first hydrocarbon producer in the country, it is claimed.
The companies visited were impressed by EM&I’s extensive deep-water floating production experience and high technology offerings, especially with regard to subsea inspections and maintenance/repair options and considered EM&I, with its high understanding and experience of West Africa, to be well positioned to assist Senegal with its fledgling industry.
Senegal is planning to grow in stature within the West African energy-producing nations and will add more production to its portfolio in the coming years. The country’s 50% ownership of the oil & gas reserves straddling the Mauritanian sea-border make the country an ideal location for further EM&I expansion.
The conclusion is that Senegal is a friendly and accommodating country, is keen to attract foreign partnerships to facilitate the support of the upcoming oil & gas production and is in need of experienced foreign companies such as EM&I to assist with the localisation of asset integrity skill sets leading to greater Senegalese self-sufficiency.