Mineral resources
Imminent arbitration against Woodside unlikely to affect FAR’s fundraising for Sangomar

Imminent arbitration against Woodside unlikely to affect FAR’s fundraising for Sangomar

Listed on the Sydney stock exchange, the junior oil company will raise more than half a billion dollars in capital and debt to finance its share in the Senegalese offshore project led by the Woodside group with which it is in dispute.

Someone shares this article with you
            ▪ Imminent arbitration against Woodside unlikely to affect FAR’s fundraising for Sangomar

▪ Listed on the Sydney stock exchange, the junior oil company will raise more than half a billion dollars in capital and debt to finance its share in the Senegalese offshore project led by the Woodside group with which it is in dispute.

http://www.jeuneafriquebusinessplus.com/en/801506/grosse-levee-de-fonds-de-laustralien-far-pour-le-petrole-de-sangomar-au-senegal/

16/12/2019 at 17h12, by Pierre-Olivier Rouaud, updated 17/12/2019

The Perth-based independent oil company FAR Ltd is turning to the markets, for capital, and banks, for debt, to finance its 13.67% share in Senegal’s largest project, Sangomar (formerly SNE). The country’s first offshore exploration project is located at the southern point of the Petite Cote, 100 kilometres south of Dakar.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Mineral resources

19/02/2020 at 15h30, by Jeune Afrique Business+

Cameroonian bauxite: Canyon is looking for $80 million and in talks with Camrail (Bolloré)

The Australian junior oil and gas company wants to move forward with its Minim-Martap site, one of the...

Mineral resources

14/02/2020 at 17h50, by Pierre-Olivier Rouaud

Patrice Motsepe (Harmony Gold) in good company to acquire AngloGold’s remaining South African assets 

The group headed by the South African businessman is immediately investing $200 million in cash and $100...

Bank & Insurance

20/01/2020 at 13h13, by Jeune Afrique Business+, updated 21/01/2020

Sangomar/Woodside: Senegalese insurance pool coverage takes effect ($13 million)

Grouped together in an unprecedented joint structure, Senegalese insurers collect $13m in premiums reinsured...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.