FAR has approved the sale of its share in the Sangomar oil development offshore Senegal to Woodside, following shareholder approval. The Rufisque offshore, Sangomar offshore and Sangomar deep offshore
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Lukoil retreats from Senegal acquisition
Lukoil has pulled the pin on its proposal to acquire FAR, including a share in the Sangomar oil development offshore Senegal, Africa. In February, FAR received a conditional non-binding proposal
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Woodside seals Sangomar deal with FAR
Woodside has signed an agreement with FAR to acquire its share in the Sangomar oil development offshore Senegal. The Rufisque offshore, Sangomar offshore and Sangomar deep offshore (RSSD) joint venture
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Woodside stops FAR sale of Sangomar interest
Woodside has exercised its right to pre-empt the sale of FAR’s share in the Sangomar oil development offshore Senegal to ONGC Videsh Vankorneft.
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Woodside closes in on Sangomar deal
Woodside Energy has entered into a sale and purchase agreement to acquire Cairn Energy’s entire participating interest in the Sangomar oil development offshore Senegal.
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FAR delays Senegal JV payment following rescope
FAR Senegal has not paid the most recent development cash call as part of the joint operating agreement (JOA) for the Senegal oil development project. The company reported that operator Woodside has been
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FAR to sell Sangomar interest amid market challenges
FAR has advised that its financial plans for the Sangomar field development offshore Senegal, Africa have changed due to the impact of COVID-19 and low oil prices. The ASX-listed company plans to sell
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Woodside secures government backing for Sangomar project
Woodside and its joint venture partners have received approval from the Senegalese Government for the Sangomar project, the country’s first major oil development.
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Resurgence from national oil find
According to Reuters,
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Woodside invests in seismic technology
Blue Ocean Seismic Services (BOSS) is developing new technology which could improve the efficiency and cost of ocean bottom seismic data acquisition. –> Previous methods of seismic data acquisition
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