Lukoil has made a non-binding offer for Australia’s FAR, in a renewed attempt to win a share of the Sangomar oil project. FAR said on 17 February that Lukoil’s bid of 2.2 Australian cents a share valued it at A$220m ($173.8m).
It is the latest in an increasingly complex picture regarding Sangomar and the Rufisque, Sangomar and Sangomar Deep (RSSD) exploration area.
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