✕
MARKETS

Woodside completes buy of Cairn's Senegal stake

WOODSIDE Petroleum has completed its acquisition of Cairn Energy's share of the offshore Senegal oil project Sangomar, after pre-empting the UK company's sale of its 40% stake to Russia's Lukoil in July. 

Helen Clark
Woodside completes buy of Cairn's Senegal stake

The company paid US$300 million and a working capital adjustment of $225 million which includes payback of what Cairn has spent on cash calls since sanction in January this year.    There will be additional...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

MOST POPULAR

1
POLICY

Albanese gas strategy sparks an inferno of dissent

2
ENERGY TRANSITION

Western Australia backs carbon capture

3
MARKETS

Shell sells Singapore assets after strategic review

4
ENERGY TRANSITION

Origin Energy wins big with Octopus gamble

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login