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Sangomar News

Woodside Energy Wraps Purchase of Far's Stake in Sangomar Project Off Senegal

Jul 06, 2021

Australian oil and gas company Woodside Energy has completed the acquisition of the entire participating interest of oil company FAR in the offshore area in Senegal containing the Woodside-operated Sangomar development. The purchase price for Far's stake in the Rufisque 云顶赌场老虎机鈥

PetroNor Given More Time to Find Partner for 云顶赌场老虎机 Block in The Gambia

Oct 19, 2021

Oslo-listed oil and gas company PetroNor has been given more time by the Government of The Gambia to progress its ongoing discussions over its A4 offshore license with potential partners.The Gambian government has granted PetroNor a one-year鈥

GlobalData: Woodside's Acquisition of BHP's Oil Business 'Complicates' ESG Narrative

Oct 08, 2021

Woodside's recent acquisition of BHP's oil and gas business is making its ESG narrative complicated, energy intelligence firm GlobalData said, as BHP's assets it has acquired will boost Woodside's oil production and ultimately lead to a more carbon-intensive product base over the near term鈥

23-well 云顶赌场老虎机 Drilling Campaign Starts at Sangomar Field in Senegal

Jul 16, 2021

Australian oil and gas firm Woodside Energy has this week started the offshore drilling campaign in Senegal for the Sangomar Field Development Phase 1, which will be the country's first offshore oil field in production.Woodside Acting CEO Meg鈥

Woodside Names Meg O鈥橬eill CEO

Aug 17, 2021

Australian oil firm Woodside said Tuesday it had named acting CEO Meg O鈥橬eill as the company鈥檚 Chief Executive Officer and Managing Director. O鈥橬eill succeeds Peter Coleman who retired from Woodside in June 2021. Woodside Chairman Richard Goyder鈥

FAR, Woodside to Complete Sangomar Transaction in 'Coming Weeks'

May 31, 2021

Australian oil company FAR said Monday that it expected to complete the sale of its stake in the RSSD area offshore Senegal to Woodside in the coming weeks.FAR said Monday it had satisfied the condition precedent for the sale of its interest in the RSSD area鈥

Woodside Sees Shares Slide on News It Is Eyeing BHP Oil & Gas Assets

Jul 21, 2021

Shares in Woodside Petroleum fell on Wednesday after an unsourced media report said Australia's top independent gas producer was in talks to buy some or all of BHP Group's oil and gas assets, analysts and an investor said.Woodside shares ended down 2 cents in a broader market that rose 0鈥

Path Clear for Woodside to Take Over FAR's Sangomar Stake as Remus Drops Out

Apr 21, 2021

Private investment fund Remus Horizons which last week launched a conditional takeover offer for the Australian oil company FAR, eyeing its stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development, is now backing out from the FAR pursuit鈥

Sangomar FPSO Construction Starts in China

Apr 05, 2021

The conversion of a VLCC into an FPSO bound for Woodside's Sangomar project in Senegal has recently kicked off in China, the Australian oil firm said in a recent report.The 323 meters-long very large crude carrier (VLCC) Astipal in February arrived in China鈥

Remus Horizons Moves to Take Over FAR, Enter Senegal 云顶赌场老虎机 Block

Apr 14, 2021

Private investment fund Remus Horizons has launched a conditional takeover offer for the Australian oil company FAR, which owns a stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development.FAR has recently agreed to sell its stake in the Sangomar to Woodside鈥

FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

Apr 15, 2021

Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161鈥

Lukoil Pulls Out of Sangomar Race as it Decides Not to File Takeover Bid for FAR

Apr 01, 2021

Russian oil company Lukoil has decided not to launch a binding takeover offer for Australian oil firm FAR, which owns a share in the Sangomar field offshore Senegal.FAR had in February received a conditional non-binding indicative proposal from Lukoil to acquire the shares of FAR at 2鈥

Woodside Taps Zenith Energy for Senegal Drilling Support

Apr 22, 2021

Aberdeen-based well management company Zenith Energy has won a multi-year contract with Australian oil and gas firm Woodside Energy in Senegal.The agreement is for the provision of drilling and completion engineering and ad-hoc support services鈥

MODEC Orders Palfinger Cranes for Sangomar FPSO

Mar 16, 2021

Japanese FPSO company MODEC has ordered Palfinger cranes for an FPSO it is building for deployment at Woodside's Sangomar development offshore Senegal. Palfinger said Tuesday it would deliver two wire luffing lattice boom cranes for the FPSO鈥

2020: A Year Like No Other with a Mixed Outlook for Subsea

Apr 22, 2021

On many levels, 2020 was a pretty horrific year, 鈥渁 year like no other鈥, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It鈥檚 easy to see why. A dip into a negative WTI contract prices鈥

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