Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 18 : 4-Dec-19
The partners in the Sangomar joint venture have lodged a development plan for the offshore oil project with the Senegal government. The plan was submitted shortly before their licence was due to expire on 4 December. Woodside Petroleum and its partners in the $6bn project propose to undertake a phased development of the oil field, with production slated to commence in 2023. The project has been marred by a dispute between Woodside and junior partner FAR Limited over the former’s acquisition of ConocoPhillips’ stake.
WOODSIDE PARK STUD PTY LTD, FAR LIMITED – ASX FAR, CONOCOPHILLIPS, PETROSEN