The year 2025 will be remembered as a landmark year for Senegal's extractive sector. According to the latest official data, the country closed its first full year of oil production with a total volume of 3.61 million barrels extracted from the Sangomar offshore field. This result, in line with initial technical projections, marks Senegal's effective and successful entry into the circle of hydrocarbon-producing nations, radically transforming the country's economic growth prospects.
The ramp-up of the Sangomar project, operated by Australian company Woodside Energy in partnership with Société des Pétroles du Sénégal (Petrosen), demonstrates remarkable operational expertise in a context of technological challenges associated with deepwater extraction. This steady production throughout the year has not only enabled the first crude oil exports to international markets, but has also laid the foundations for gradually securing the national energy supply.
The impact of this oil windfall is already beginning to be felt in macroeconomic aggregates. Revenues generated in 2025 were directed to the Stabilisation Fund and the Intergenerational Fund, in accordance with the law on the distribution of hydrocarbon revenues passed by the National Assembly. This prudent management strategy aims to protect the Senegalese economy from the volatility of world prices while financing priority sectors such as transport infrastructure, education and health, thus avoiding the trap of exclusive dependence on natural resources.
Beyond the figures, the success of 2025 strengthens Senegal's credibility with international investors. The country is demonstrating its ability to manage large-scale industrial projects while maintaining a stable and transparent regulatory framework. With work on the Grand Tortue Ahmeyim (GTA) gas project progressing in parallel, Sangomar's performance is serving as a catalyst to attract new strategic partnerships, positioning Senegal as a key energy hub in West Africa for the coming decade.