Where did it all go right for Senegal?
Major oil and gas discoveries make the country set to move from speculative play to producer
Just over three years ago, Senegal was in a pack of wannabe African oil states, albeit one with some decent frontier prospects. Now it can boast two separate major hydrocarbons developments, in the SNE and Greater Tortue projects, both seemingly on track towards start up in the early 2020s and supported by an influx of major industry players. This outcome reflects the alignment of several major factors needed to make successful frontier exploration stack up. As a politically stable country with one of the region's better performing economies, a solid legal framework and a stable currency in the CFA franc, Senegal gives oil investors confidence. Better still, the democratically elected presid
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
