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July 17, 2020
Market Report: FAR Ltd Looks for a Buyer for its Stake in Senegal’s Sangomar Project
FAR has received an interest in the sale of its 15% stake in the $4.2 billion Sangomar oil and gas project.
December 9, 2019
Market Report: FAR Ltd submits the final field development plan for the Sangomar oil field
Sangomar is expected to yield its first oil in 2023.
October 1, 2019
FAR Ltd increases presence in Gambia’s offshore
The firm will commence plans for seismic acquisition immediately and begin drilling in 2020.
August 31, 2020
FAR Will Not Exercise Buy Option on Cairn’s Stake in Senegal
Woodside will become Sangomar oilfield’s major shareholder.
January 23, 2020
FAR Signs MoU with Glencore for Senegal-based Sangomar Project
FAR owns 15% of the Woodside-operated oil field.
April 25, 2019
Far confident on SNE development
FID is expected by the end of Q3 2019 with first oil is expected by 2022.
March 30, 2018
Market Report: FAN contains 641 mn barrels, says FAR
FAR makes its assessment of the FAN discovery in Senegal
July 8, 2017
Market Report: The Gambia to Begin Oil Exploration in 2018
The Gambia issued a permit to FAR Ltd. to drill Erin Energy’s offshore A2 and A5 blocks.
September 10, 2020
Woodside Acquires Cairn Energy’s Stake in Senegal’s Sangomar Development
The deal makes Woodside the major shareholder of the Sangomar oil project with a 68% interest.
August 31, 2020
Market Report: NNPC Outlines COVID-19 Survival Strategies
Innovation, upskilling and social license to operate are key to long term survival in the face of COVID-19.