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MARKETS

Woodside moves on FAR stake 

FAR Limited has signed a sale and purchase agreement with Woodside Petroleum to offload its 13.67% stake in the giant Sangomar oil project offshore Senegal. 

Helen Clark
FAR MD Cath Norman

FAR MD Cath Norman

Under the contract FAR Ltd will sell its stake to Woodside which executed its pre-emptive right to buy the interest after Indian company ONGC Vindesh looked to acquire it.    Woodside will pay just...

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