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Woodside completes Sangomar acquisition


Woodside completes Sangomar acquisition
Summary
As a result of this deal, Woodside’s participating interest in the RSSD project off Senegal has increased to 82% for the Sangomar exploitation area.
by: Shardul Sharma
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Woodside completes Sangomar acquisition
Australia s Woodside has completed the acquisition of the entire participating interest of Sydney-listed Far in the Rufisque, Sangomar and Sangomar Deep (RSSD) joint venture off Senegal, the company said on July 7.
The purchase price was $45mn plus a working capital adjustment of approximately $167mn to reflect the acquisition effective date of January 1, 2020. The final completion payment, after adjustments and remedying of Far’s defaults under the joint operating agreement, was approximately $126mn, Woodside said. Additional payments of up to $55mn are contingent on future commodity prices and timing of first oil. ....

Ocean Blackrhino , Meg Oneill , Sydney Listed Far , Sangomar Deep , Remus Horizons , மெக் ஓனேிழில் , சிட்னி பட்டியலிடப்பட்டுள்ளது இதுவரை , ரெமுஸ் எல்லைகள் ,

FAR holders back Woodside sale - News for the Oil and Gas Sector


FAR holders back Woodside sale
Shareholders in FAR have approved the sale of the company’s stake in a Senegal licence to Woodside Energy.
Updated: 28/04/2021, 8:43 am
An artist rendering of the Sangomar FPSO
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Shareholders in FAR have approved the sale of the company’s stake in a Senegal licence to Woodside Energy.
A vote held on April 28 saw 97.25% of shares backing the sale, while 2.75% opposed. ....

Guinea Bissau , Woodside Energy , Rufisque Offshore , Sangomar Offshore , Sangomar Deep , Remus Horizons , கினியா பிசாவு , வூட்ஸைடு ஆற்றல் , ரெமுஸ் எல்லைகள் ,

Woodside's Senegal epic finally wraps up after FAR vote


Woodside’s Senegal epic finally wraps up after FAR vote
Apr 28, 2021 – 3.07pm
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Shareholders at the meeting in Melbourne voted 97.25 per cent in favour of the $US45 million ($58.2 million) sale to Woodside of FAR’s 13.67 per cent stake in the Sangomar project. The deal will remove the threat to FAR’s financial viability and should allow its shares to resume trading in early May after being suspended since September, chief executive Cath Norman said.
Woodside’s Sangomar oil venture in Senegal is due to start up in 2023. 
The vote had been postponed four times since it was originally scheduled in December after takeover proposals for FAR emerged, first from little-known Remus Horizons, then from Russian giant Lukoil, whose previous attempt to buy into Sangomar by acquiring a separate 40 per cent stake for $US400 million was foiled by Woodside, which bought it itself. ....

Cath Norman , Woodside Sangomar , Woodside Petroleum , Remus Horizons , காத் நார்மன் , வூட்ஸைடு பெட்ரோலியம் , ரெமுஸ் எல்லைகள் ,

Oil price, PetroTal, Jadestone, Providence, Getech, Far, Remus, Empyrean. And finally…

Oil price, PetroTal, Jadestone, Providence, Getech, Far, Remus, Empyrean. And finally…
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Florentino Perez , Jonathan Copus , Manuel Pablo Zuniga Pflucker , Alan Linn , Chuka Umunna , Paul Blakeley , Tom Kelly , Jadestone Energy , European Super League , Pageant Holdings , Labour Party , Jp Morgan , Spoton Energy , Guernsey Financial Services Commission , Getech Group , Empyrean Energy , Petrotal Corp , Pablo Zuniga Pflucker , Chief Executive Officer , Chief Executive Office , Remus Horizons , Guernsey Financial Services , Remus Board , Noisy Neighbours , Real Madrid President Florentino Perez , Wall Street ,

Remus drops out of FAR bidding - News for the Oil and Gas Sector


Remus drops out of FAR bidding
Remus Horizons PCC has abandoned its bid to acquire FAR, paving the way for Woodside Energy to complete its takeover of Senegal’s Sangomar.
© Bloomberg
Peter Coleman, chief executive officer of Woodside Petroleum Ltd., speaks in Sydney, Australia, on Tuesday, May 23, 2017. Photographer: Brendon Thorne/Bloomberg
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Remus Horizons PCC has abandoned its bid to acquire FAR, paving the way for Woodside Energy to complete its takeover of Senegal’s Sangomar. ....

Gran Tierra , Guernsey Financial Services Commission , Woodside Energy , Remus Horizons , Rufisque Offshore , Sangomar Offshore , Sangomar Deep , Peru Focused Petrotal , கிரான் டியெர , கர்ந்ஸீ நிதி சேவைகள் தரகு , வூட்ஸைடு ஆற்றல் , ரெமுஸ் எல்லைகள் ,