Woodside Petroleum (ASX:WPL) completes Sangomar purchase from Cairn SubscribeBe the first with the news that moves the market Woodside Petroleum (WPL) has completed its purchase of Capricorn Senegal's (Cairn) interest in the Sangomar joint venture development in Senegal The energy giant bought the interest for US$300 million (around A$396 million) plus a working capital expenditure of US$225 (around A$297 million) Woodside now holds just over 68 per cent in the Sangomar exploitation area, however, this could increase to 82 per cent if Woodside buys fellow ASX-lister, Far's (FAR) interest The purchase of an additional interest is expected to be finalised in the first quarter of 2021