Middle East / Africa
Country summary: Senegal
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Senegal - recent news
|28 Apr 21
||Senegal: FAR shareholders approve sale of Senegal RSSD project to Woodside
FAR Limited has advised that at the General Meeting of FAR shareholders held April 28 and adjourned from 15 April 2021, shareholders approved the sale of the Company’s Senegal RSSD project to Woodside.
|06 Apr 21
||Senegal: PetroNor recommences arbitration regarding its Senegal licences
PetroNor has announced that it has been unable to reach a satisfactory solution with Senegal through the suspension period regarding its Rufisque Offshore Profond and Senegal Offshore Sud Profond licence and will therefore recommence the formal arbitration process.
|15 Mar 21
||Senegal: FAR sets new date for shareholder meeting to approve sale of its interest in the RSSD Project to Woodside Energy
FAR Limited has provided an update on the non-binding indicative proposals which it has received from Remus Horizons and Lukoil in relation to its proposed sale of its interest in the Rufisque, Sangomar and Sangomar Deep (RSSD) Project, offshore Senegal, to Woodside. FAR has set a new date for shareholder approval of the sale.
|20 Jan 21
||Senegal: FAR signs RSSD Project sale contract with Woodside
FAR Limited has previously advised that Woodside Energy (Senegal) exercised its pre-emptive right to acquire FAR's interest in the Rufisque, Sangomar and Sangomar Deep (RSSD) Project, offshore Senegal. On 19 January 2021 the FAR group executed a Sale and Purchase Agreement with Woodside in relation to the sale.
|17 Dec 20
||Cairn returns USD250 million to shareholders following sale of Senegal assets
Cairn has announced that, following the approval of the sale of all of its interests in Senegal to Woodside, the Company will pay a special dividend of 32 pence per eligible ordinary share amounting to a return of approx. US$250m or £188m to shareholders.
Senegal - more news