Woodside in dispute over Lamu drilling

Woodside Energy’s partners in the Lamu basin have told the Australian company they are terminating its farm-in agreement (FIA) because it refused to drill a second well after the failure of the deep-water Pomboo well, Australia’s Global Petroleum said. “The termination notice has been given based on Woodside’s refusal to drill a second exploratory well in the project area in accordance with the FIA and its failure to take any steps to remedy this refusal, which the company considers to be a repudiation and breach of the FIA,”