Ce que Sangomar a généré, sa part de la production : Woodside dévoile ses chiffres (Pétrole sénégalais)
Sangomar is Senegal's main oil project. In 2025, Woodside and Petrosen were able to complete their first full year of commercialization there, since production began in June 2024. Liz Westcott, interim CEO of the Australian company, which holds an 82% stake in Sangomar, gave a brief overview of the figures generated by the project.
$2.6 billion since 2024
"Sangomar produced 100,000 barrels per day for most of 2025 with a reliability of nearly 99%. This resulted in $2.6 billion in EBITDA (Woodside share) generated since it began operation, demonstrating the value of this asset," she emphasized in the oil company's 2025 annual report.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a financial indicator measuring a company's operating profitability before interest, taxes, depreciation, and amortization. It corresponds to the Gross Operating Profit (EBE) in French, allowing for the evaluation of wealth creation from the core business without the impact of financing or investment policy.
Woodside reveals its share of the oil
In its report, Woodside indicates that its share of production reached 29.7 million barrels of oil equivalent in 2025, compared to 13.3 million barrels of oil equivalent in 2024. This increase is explained by the fact that Sangomar completed “a full year of production,” it states. Woodside also reports that this full year of production and marketing generated $1.9 billion in revenue for the company.
The oil company did not provide figures on the revenue received by Petrosen or the Senegalese state. However, yesterday, Tuesday, in parliament, the prime minister did not hide his disappointment with the oil and gas revenue forecasts.
Sonko's disappointment
“For the 2026 budget, we are around 6000 billion FCFA in revenue forecasts. The projections for oil (hydrocarbons) are only 76 billion. In 2027, the revenue forecasts are around 128.6 billion FCFA,” said the head of government, who believes that the resources were squandered by the previous regime.
Furthermore, Woodside indicates in its report that it is evaluating options for a possible phase 2. This should rely on the FPSO (the floating production, storage and offloading unit for extracted oil) and on the existing subsea infrastructure, "to generate added value".
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