Shareholders of Australia’s Far Ltd have voted overwhelmingly in favour of selling the company’s interest in the Sangomar oilfield development to operator Woodside Petroleum.

Sign up for our new energy transition newsletter

Gain valuable insight into the global oil and gas industry's energy transition from Accelerate, the new weekly newsletter from Upstream and Recharge. Sign up here

Far confirmed Wednesday 97.25% of shareholders voted in favour of the company’s sale of its minority interest in the Rufisque, Sangomar and Sangomar Deep (RSSD) joint venture.