MARKETS

Glencore lets go of Senegal oil deal

THE final sticking point for Woodside Petroleum to acquire FAR Limited’s 13.67% stake of the Sangomar oilfield offshore Senegal has been removed after the final condition precedent was met. 

FAR MD Cath Norman

FAR MD Cath Norman

FAR told the market after close yesterday though did not go into detail on the CP, which was an earlier offtake agreement it struck with Glencore for its share of the oil from the development which it...

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