Woodside Energy has passed another important milestone for the Sangomar Field Development Phase 1 with the completion of the construction phase for the floating production storage and offloading (FPSO) facility which will be deployed at the field offshore Senegal. Woodside awarded the contract for supply of the FPSO to MODEC, Inc in 2020. Hull and […]

Kosmos Energy a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins, with key production offshore assets in Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a world-class gas development offshore in Mauritania and Senegal has been informed by BP, the operator of the Greater Tortue Ahmeyim project (GTA), of the impact of Typhoon […]

FAR Ltd  has provided an update on the Woodside Contingent Payment associated with the sale of FAR’s entire interest in the Senegal RSSD Project (the ‘Sangomar Field’) to Woodside Energy in 2021. Highlights Woodside has updated the market on the progress of activities at the Sangomar Field with the development plan 63% complete as at […]

Woodside Energy production and revenue in the second quarter rose to 60% and 44% respectively from the first three months of 2022, and this was helped by the contribution from BHP’s petroleum business.  According to the company, the Production for the period under review was 33.8 million barrels of oil equivalent, while revenue climbed to […]

Technip Energies (PARIS:TE) and COS Petrogaz(1) have signed a Memorandum of Understanding (MoU) to collaborate in the fields of LNG, carbon-free energy solutions and decarbonization, in order to accelerate Senegal’s gas development and support a fair and equitable energy transition. A signing ceremony took place on 25 May 2022 with representatives of both organisations present. The […]

French company Fonroche Lighting has won a new contract to supply and install 67,000 solar-powered streetlights in several localities in Senegal. This new project will mobilize 121 million euros of investment. Fonroche Lighting wins a new order in West Africa. The company based in Lot-et-Garonne (France) has just signed a contract with the Senegalese Ministry […]

On 19 January 2021 the FAR group executed a Sale and Purchase Agreement with Woodside in relation to FAR’s Senegal RSSD asset. Formal completion of the sale took place on 6 July in Senegal and monies were received by FAR in Australia on 7 July. As consideration for the sale Woodside has paid FAR US$45 […]

Since the discovery of large-scale oil and gas discoveries took place in the offshore waters of Senegal between 2014-2017, the country has been abuzz in terms of how this vast new hydrocarbon wealth will impact the Senegalese economy, making it more competitive and accelerating the pace of the country´s long-term economic development objectives as stipulated […]

FAR Limited has announced the completion of the sale of its entire interest in the Senegal RSSD joint venture to Woodside Energy (Senegal) BV. In line with guidance given at the FAR Annual General Meeting, and as a result of completion, FAR has received US$126 million from Woodside. Additional payments to FAR, up to US$55 […]

FAR Limited has announced the resignation of Non-Executive Chairman Nicholas Limb and Nonexecutive Director Reginald Nelson, effective immediately. Mr Limb and Mr Nelson have advised that with finalisation of the Senegal asset sale expected imminently, it is the appropriate time for Board renewal. Mr Limb has been a Director since 2011 and Mr Nelson since […]