Tender Oil & Gas inks 2 PSCs in Senegal

摘要

SERBIA'S TENDER OIL & Gas Casamance SARL (TOG), a Tender Group subsidiary, has recently signed a production sharing contract (PSC) with Senegal's Ministry of Energy and Petrosen - the national oil company of Senegal. With the approval of the president of the Republic of Senegal, Macky Sall, the PSC was signed for two onshore blocks - Saloum and Senegal Onshore Sud, totalling 28,897 sq km - it gives TOG license and exclusive rights for hydrocarbon exploration for the next eight years.