Senegal: Woodside may pre-empt FAR sale to ONGC


Issue 427 - 19 Nov 2020 | 1 minute read

Australia’s FAR Ltd has found a buyer for its stake in the RSSD development, announcing a sale and purchase agreement with ONGC Videsh for $45m plus working capital since 1 January of $66.58m. “Having been in the RSSD project for 14 years, it’s a bittersweet moment to be selling our stake,” said FAR managing director Cath Norman.

Tagged with:

Pin Senegal

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register