SENEGAL: FAR Sells RSSD Assets to ONGC
FAR Limited has announced it has entered into an RSSD Sale and Purchase Agreement with ONGC Videsh Vankorneft Pte Ltd (ONGC) in respect of FAR’s entire interest in the Production … Read More
Tag: FAR
FAR Provides Quarterly Operations Update
RSSD (Rufisque, Sangomar and Sangomar Deep) Senegal The Rufisque, Sangomar and Sangomar Deep (‘RSSD’) Joint Venture continued to progress construction activities for the Sangomar Field Development. The construction of the … Read More
SENEGAL: FAR to Focus on RSSD Assets Sale, Turns Down Pre-emptive Right
FAR has advised Cairn that FAR does not intend to pre-empt the transaction or object to the proposed transfer of Cairn’s working interest in the Rufisque Offshore, Sangomar Offshore and … Read More
SENEGAL: Petrosen Increases Stake in Sangomar Project
ASX listed FAR Ltd subsidiary FAR Senegal RSSD SA and its Sangomar RSSD has reported that the joint venture partners have executed documentation confirming State oil company Petrosen’s decision … Read More
SENEGAL: Woodside Pre-Empts Sangomar Transaction
Woodside has given notice exercising its right to pre-empt the sale by Capricorn Senegal Limited (Cairn) to LUKOIL Upstream Senegal BV (Lukoil) of Cairn’s entire participating interest in the Rufisque … Read More
FAR Provides Update for Senegal, Gambia, Guinea-Bissau and Kenya
Senegal Rufisque, Sangomar and Sangomar Deep (RSSD) (FAR 15% Working Interest) Over the past three months, the Operator has been undertaking a program to rescope, reschedule and reprice the Sangomar … Read More
Kenya: FAR, Pancontinental Reach Settlement Ahead of Block L6 Exit
Pancontinental Oil & Gas NL and its subsidiary Afrex Ltd has announced that it has reached an agreement with Block L6 operator Flow Energy Pty Ltd (subsidiary of FAR) in … Read More
FAR signs new Joint Operating Agreements for Gambian asset
FAR Gambia Ltd, a wholly owned subsidiary of FAR Ltd, has signed new Joint Operating Agreements (“JOA’s”) in respect of the A2 and A5 Blocks in The Republic of The … Read More
SENEGAL: FAR Defaults on the Sangomar project
FAR Senegal which is a party to the Sangomar project part of the Senegal RSSD Joint Operating Agreement (JOA) has not paid the most recent development cash call received by … Read More
FAR, JV Partners to Exit Kenya’s Block L6
FAR the block operator to Kenya’s Block L6 and JV Partners , PanContinental Oil & Gas and its wholly owned subsidiary Afrex Limited have resolved to surrender the block according to an … Read More