An extension of the time period for submission of bids has just been announced by the Ministry of Petroleum and Energy, with the deadline having moved from 31 July to 30 September.
The Coronavirus pandemic and its significant impacts on the oil & gas market are clearly not alien to this decision, with interested companies now having an additional two months to prepare and submit their bids.
Fairly detailed information on the 12 offshore blocks on offer, as well as on the Licensing Round procedures, may be found on its official website: https://senegallicensinground2020.com/.
For further details on the Senegal 2020 Licensing Round and on the general and industry-specific legal framework applicable in Senegal, please reach out to us at the address below.
