Field_Development

Senegal exit: Far sells offshore Sangomar oilfield stake to ONGC

Deal valued at up to $166.6 million including reimbursements for past costs and potential contingent payments based on oil sales

Senegal exit: Far managing director Cath Norman says the sale to ONGC represents the company's best option after it failed to secure financing for the project
Senegal exit: Far managing director Cath Norman says the sale to ONGC represents the company's best option after it failed to secure financing for the projectPhoto: FAR LTD
Perth
Far LtdONGCONGC VideshSenegalWoodside Petroleum
Published 11 November 2020, 01:20Updated 11 November 2020, 07:28