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Petrosen targets Yakaar-Teranga FID by end-2027

Score: 76 · 2026-10-17

Petrosen Trading & Services, the commercial subsidiary of Senegal's national oil company, is targeting a Final Investment Decision on the Yakaar-Teranga gas project by the end of 2027, according to statements from Director General Mouhamadou Diop. The project sits in the deepwater Cayar block, located offshore north of Dakar, and holds estimated resources of 25 trillion cubic feet of gas — making it one of the largest undeveloped gas accumulations on the African Atlantic margin.

The Yakaar-Teranga FID target is a significant development milestone, signalling that Petrosen and its partners are moving through pre-FEED and commercial structuring phases with enough confidence to set a firm decision deadline. An FID by late 2027 would imply engineering and procurement activity ramping up through 2025 and 2026, with first gas potentially following several years after sanction depending on the development concept chosen. The article does not specify the current operator, development concept, or project cost estimate, but the 25 Tcf resource base places Yakaar-Teranga in a category that would likely require a large-scale LNG or gas export infrastructure solution.

Senegal has already brought its first offshore hydrocarbon project, the Sangomar oil field, into production in 2024, demonstrating the country's ability to advance complex deepwater developments. Yakaar-Teranga represents the next chapter — a gas-weighted project that could anchor Senegal's ambitions as a regional LNG exporter. The deepwater Cayar block context and the scale of the resource suggest a development scheme demanding subsea tiebacks, a floating or onshore LNG processing solution, and substantial marine pipeline infrastructure. None of these specifics have been confirmed in the current announcement, and Norwegian service companies should treat the 2027 FID target as a planning horizon rather than an imminent procurement trigger.

For the Norwegian supply chain, the Yakaar-Teranga timeline nonetheless warrants active monitoring and early relationship-building now. Pre-FID is precisely when development concepts are shaped, technology selections are made, and long-lead relationships with national companies and project operators are established. Companies with deepwater subsea, LNG, and offshore pipeline credentials should be identifying key decision-makers within Petrosen and its co-venturers, and positioning for concept studies or FEED involvement. Any formal tender or prequalification activity would only be expected once FID is taken or clearly imminent.

Why this matters to partners and clients of Saga

With an FID targeted for end-2027, Yakaar-Teranga is in pre-FID phase — too early for procurement outreach, but the right moment for Norwegian service companies to build relationships with Petrosen and project partners and to seek involvement in concept studies or FEED processes. Companies with deepwater subsea, LNG technology, and offshore pipeline capabilities should begin mapping stakeholders now to avoid being locked out when tendering opens post-FID. Saga Advisory recommends monitoring and structured relationship-building through 2025-2026.

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