Acquisitions and Divestitures News in Senegal

Woodside Acquires 65% Interest in AGC Profond Block
2/18/2016 - Woodside advises that its subsidiary Woodside Energy (Senegal) Pty Ltd has entered into an agreement with Impact Oil & Gas AGC Ltd (Impact) to acquire a 65% participating interest in a Production Shar...
FAR Secures Option on New Block Offshore Senegal
9/24/2015 - FAR Ltd has entered into a farm in option agreement with a subsidiary of Trace Atlantic Oil Ltd for the Djiffere block offshore Senegal. The Djiffere block is adjacent to FAR’s highly prospective Rufi...
Tender Oil & Gas Signs PSC in Senegal
2/2/2015 - Tender Oil & Gas Casamance (TOG), a Tender Group subsidiary, recently signed a production sharing contract (PSC) with Senegal’s Ministry of Energy and Petrosen - the national oil company of Senegal. W...
Impact Awards Licence Offshore Senegal/Guinea-Bissau
10/24/2014 - Impact Oil and Gas, the African-focused pure exploration Company, is pleased to announce the award of a new exploration licence covering the AGC Profond block, located offshore, in the Senegal Guinea ...
Oryx Acquires 85% Interest in AGC Central License Area
10/16/2014 - Oryx Petroleum Corporation Limited has acquired an 85% interest in the AGC Central license located in the joint development offshore area between Senegal and Guinea Bissau. ...
Kosmos to Buy into Senegal Offshore Blocks for $400m
10/4/2014 - Kosmos Energy is set to sign a $400 million "farm-in" agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore block...
Cap Energy Acquires an Indirect Interest in Block Djiffere
2/20/2014 - Cap Energy PLC has acquired an indirect interest in the oil and gas exploration licence on the Block Djiffere (the "Djiffere Licence"), offshore Senegal. ...
ConocoPhillips Acquires 10% Interest from FAR in Senegal
8/1/2013 - FAR Ltd has completed a second farm in agreement on its highly prospective offshore Senegal oil exploration permits with ConocoPhillips. As a result, a high impact, two well exploration drilling progr...
Government Approval of Senegal Farm In
5/30/2013 - FAR Limited has secured Ministerial approval for its farm in agreement of its 3 offshore Senegal Blocks, to leading UK independent oil and gas company Cairn Energy PLC (Cairn). The terms of the farm-i...
Senegal Farm Out Spearheads Offshore Well in Early 2014
3/19/2013 - FAR Ltd is pleased to announce a farm in agreement for its three blocks offshore Senegal in West Africa to Cairn Energy PLC (Cairn), a major UK listed oil and gas company. ...
Elenilto Wins a PSC for the Offshore Sud Shallow Oil Block
12/31/2012 - After two years of operations in Senegal and negotiations with the Government of the Republic of Senegal, ELENILTO, one of the leading African oil and minerals developers, has been awarded the decree ...
Ophir Declines Senegal Option
12/21/2011 - The Company wishes to advise that it has received notification from Ophir Energy plc that they will not be exercising their option to acquire a 25 percent interest in FAR’s Rufisque, Sangomar and Sang...
African Petroleum Awarded Two Exploration Permits Offshore Senegal
11/28/2011 - African Petroleum Corporation Limited is pleased to announce that its wholly owned subsidiary, African Petroleum Senegal Limited (“African Petroleum Senegal”), has entered into an agreement with the S...
Noble Farms in Agreement for AGC Profond Block
6/8/2011 - Noble Energy, Inc. announced that it has joined a venture that is exploring the AGC Profond block located offshore Senegal and Guinea-Bissau in West Africa. The AGC Profond block, covering more than t...
FAR Finalized Detailed Agreements in AGC Profond PSC
3/25/2011 - FAR is pleased to announce that Detailed Agreements have been finalised with Ophir AGC (Profond) Limited (“Ophir”) confirming the terms of an earlier Heads of Agreement to participate in the drilling ...
Ophir Energy Acquires Interest on Senegalese Licenses
10/18/2010 - Ophir announced that a Heads of Agreement has been entered into with ASX-listed FAR Limited (FAR). The Agreement enables FAR to immediately acquire a 10% interest in the AGC Profond PSC offshore Seneg...

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