Woodside completes Sangomar acquisition : vimarsana.com

Woodside completes Sangomar acquisition


Woodside completes Sangomar acquisition
Summary
As a result of this deal, Woodside’s participating interest in the RSSD project off Senegal has increased to 82% for the Sangomar exploitation area.
by: Shardul Sharma
Posted in:
Woodside completes Sangomar acquisition
Australia's Woodside has completed the acquisition of the entire participating interest of Sydney-listed Far in the Rufisque, Sangomar and Sangomar Deep (RSSD) joint venture off Senegal, the company said on July 7.
The purchase price was $45mn plus a working capital adjustment of approximately $167mn to reflect the acquisition effective date of January 1, 2020. The final completion payment, after adjustments and remedying of Far’s defaults under the joint operating agreement, was approximately $126mn, Woodside said. Additional payments of up to $55mn are contingent on future commodity prices and timing of first oil.

Related Keywords

Australia , Rufisque , Dakar , Senegal , Russia , Russian , Ocean Blackrhino , Meg Oneill , Lukoil , Sydney Listed Far , Sangomar Deep , Remus Horizons , ஆஸ்திரேலியா , தக்கார் , செனகல் , ரஷ்யா , ரஷ்ய , மெக் ஓனேிழில் , லுகோயில் , சிட்னி பட்டியலிடப்பட்டுள்ளது இதுவரை , ரெமுஸ் எல்லைகள் ,

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