PETROSEN definition

PETROSEN means Société des Pétroles du Sénégal and its successors and transferees.
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PETROSEN or La Société des Pétroles du Sénégal means, the oil company of the Republic of Senegal, a company governed by the laws of Senegal and having its registered office in Dakar, at Route du Service Géographique, Xxxx XX 0000, Xxxxxxx;
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PETROSEN means Societe Des Petroles Du Senegal.
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Examples of PETROSEN in a sentence

  • PETROSEN is entitled to a contributing participating interest in any exploitation project in a range of 10 percent up to the maximum rate stipulated in the conventions or PSCs (generally 20 percent).

  • Owing to continuous promotion efforts over the past decades, MEDER, supported by PETROSEN, has been able to attract petroleum companies, small at first but recently larger, particularly since the promulgation of the 1998 Law, which was designed to make exploration and exploitation more attractive and to give greater consideration to environmental issues in the country’s various geographical environments, including onshore, shallow water, and deep offshore.

  • The targeted institutions will include relevant line Ministries (Energy, Economy, Finance, Transport, Infrastructure, and Environment), as well as PETROSEN.

  • In late 2014, Cairn Energy PLC (40 percent, operator) in partnership with ConocoPhillips (35 percent), FAR (15 percent), and PETROSEN (10 percent) made two significant discoveries.

  • PETROSEN is thus in charge of the preparation and negotiation of all petroleum conventions and PSCs, which are signed by MEDER and the petroleum companies.

  • The upstream oil and gas arms of MEDER are the Directorate of Hydrocarbons (DH) and the National Oil Corporation of Senegal (PETROSEN), which was created in May 1981 with a state participation of 99 percent.

  • Experts will be recruited as consultants and predominantly support COS‐PETROGAZ, the Ministry of Energy, and PETROSEN.

  • PETROSEN has the option to acquire up to an additional 10% participating interest in a commercial development on the Saint Louis Offshore Profond and Cayar Offshore Profond Blocks.

  • Dakar, 17 January 2012 For the Contractor: XXXXX-XXX LIMITED PETROSEN /s/ X Xxxx Xxxx XXXXX /s/ Xx Xxxxxxxx XXXXXX M Xxxx Xxxx XXXXX Xx Xxxxxxxx XXXXXX For the Republic of Senegal Minister of State Minister of International Cooperation, Air Transport, Infrastructure and Energy /s/ X.

  • In early 2016, Kosmos (60 percent, operator) in partnership with Timis (30 percent) and PETROSEN (10 percent) reported another offshore gas discovery in Senegal in the Geumbeul-1 well located roughly five kilometers from the Ahmeyim-1 well.

Related to PETROSEN

  • Embalmer means any person engaged in the practice of embalming.

  • PETE means polyethylene terephthalate, labeled by the SPI code #1.

  • SAM means the federal System for Award Management (SAM); which is the federal repository into which an entity must provide information required for the conduct of business as a recipient. 2 CFR 25 Appendix A (1)(C)(1).

  • Kief means the resinous trichomes of cannabis that have been separated from the cannabis plant.

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.