Acquisitions and Divestitures News in Senegal

Woodside Pre Empts FAR’S Sangomar Transaction
12/3/2020 - Woodside has given notice exercising its right to pre-empt the sale by FAR Senegal RSSD SA (FAR) to ONGC Videsh Vankorneft Pte Ltd (ONGC) of FAR’s entire participating interest in the Rufisque, Sangom...
FAR Senegal Sale Announcement
11/11/2020 - FAR Limited announces that together with its wholly owned subsidiaries FAR Senegal RSSD SA and FAR Holdings 1 Pty Ltd (collectively "FAR"), it has entered into an RSSD Sale and Purchase Agreement with...
Sangomar Transaction Update
9/4/2020 - Woodside Energy (Senegal) B.V. has entered into a binding sale and purchase agreement to acquire Capricorn Senegal Limited’s entire participating interest in the Rufisque Offshore, Sangomar Offshore a...
FAR Provides Sangomar Update
8/27/2020 - FAR Ltd provides an update on its interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) Contract Area, offshore Senegal. ...
Sangomar Working Interest Change
8/20/2020 - FAR Ltd subsidiary FAR Senegal RSSD SA and its Sangomar RSSD joint venture partners have executed documentation confirming State oil company Petrosen’s decision to increase its stake in the Sangomar E...
Woodside Pre Empts Sangomar Transaction
8/17/2020 - Woodside has given notice exercising its right to pre-empt the sale by Capricorn Senegal Limited (Cairn) to LUKOIL Upstream Senegal BV (Lukoil) of Cairn’s entire participating interest in the Rufisque...
LUKOIL Enters Hydrocarbon Production Project in Senegal
7/27/2020 - PJSC LUKOIL concludes an agreement with Cairn Energy PLC to acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for $300 mln in cash. The agreement...
Petrosen Seeks Tenders for Disputed Block Offshore Senegal
10/8/2018 - African Petroleum, an independent oil and gas exploration company with licence interests in offshore West Africa, notes the recent update issued by Petrosen which states that it is seeking tenders for...
Petronas Acquires 30% in Senegal’s Rufisque Offshore Profond Block
8/13/2018 - PETRONAS through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, to acquire a 30% participating interest in the Rufisque Offshore ...
BP Seeks Stake in Cairn Energy Senegal Assets
11/20/2017 - Oil exploration company Cairn Energy (CNE.L) is in talks with BP to sell a 30 percent stake in its deepwater SNE field offshore Senegal, which could be valued at around $600 million, banking sources a...
African Petroleum Comments on Rufisque Profond Block Award to Total
5/3/2017 - African Petroleum notes the press release by Total on 2 May 2017 where it states that it has entered into an agreement with the Republic of Senegal that “…involves an exploration and production sharin...
Total Signs Agreements to Explore Senegal’s Deepwater Potential
5/2/2017 - Total and the Republic of Senegal have signed two agreements enabling Total to contribute to the exploration activities in Senegal’s deep and ultra-deep offshore. ...
African Petroleum to Farm Out Senegal & Gambia Licences
4/18/2017 - African Petroleum, an independent oil and gas exploration company operating high impact exploration licences offshore West Africa, has signed non-binding heads of terms and a binding exclusivity agree...
FAR Signs Strategic AMI with CNOOC Offshore Senegal & Gambia
3/31/2017 - FAR has signed an Area of Mutual Interest (AMI) agreement with CNOOC UK Limited (CNOOC UK). The AMI covers selected licences offshore Senegal and The Gambia within the designated area. The AMI provide...
Impact Oil & Gas Farms Out Interest in AGC Profond PSC to CNOOC
3/29/2017 - Impact Oil and Gas Ltd, the African-focused pure exploration company, is pleased to announce that its subsidiary, Impact Oil & Gas AGC Ltd (Impact), has reached an agreement with CNOOC UK Limited (CNO...
Kosmos Energy Completes Transaction with BP in Senegal
2/23/2017 - Kosmos Energy has received government approval and completed its previously announced transaction with BP in Senegal. Under the terms of the deal, BP acquired a 49.99 percent interest in Kosmos BP Sen...
FAR Disputes Conocophillips' Sale of Senegal Assets to Woodside
10/31/2016 - FAR Ltd notes public announcements made by ConocoPhillips (COP) and Woodside Petroleum Limited (WPL) in relation to the proposed sale of COP’s Senegal assets. As noted by both COP and WPL in announcem...
ConocoPhillips Completes $440m Sale of Exploration Blocks in Senegal
10/28/2016 - ConocoPhillips has completed a transaction for the sale of its shares in ConocoPhillips Senegal BV, which holds a 35 percent interest in three exploration blocks offshore Senegal. The total sales pric...
Proposed Conditional Sale of ConocoPhillips Interest in Senegal
8/23/2016 - As duly reported in prior public statements by ConocoPhillips and Woodside, ConocoPhillips has confirmed to FAR Ltd that it has a right of pre-emption over the proposed sale of ConocoPhillips interest...
Woodside Agrees to Acquire ConocoPhillips' Interests in Senegal
7/14/2016 - Woodside has entered into a binding Purchase and Sale Agreement (PSA) with ConocoPhillips to acquire all of ConocoPhillips’ interests in Senegal for the purchase price of US$350 million, based on an e...

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