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Australian firm FAR, which holds a 15% share of the future field, is in talks over a funding round with several traders. [...]
The partners of Sangomar offshore have struck a deal with Dakar that finds a way around obstacles still holding back the development of SNE. [...]
The arbitration between FAR and the previous SNE operator ConocoPhillips over the sale of its shares to Woodside Energy are playing havoc on the site development plan. [...]
Swiss junior Trace Atlantic Oil has been on the prowl recently for an investor to take up 50 to 70% [...]
The junior is at a crossroads: it absolutely must raise the funds needed to finance its developments and seal off its purchases. [...]
The Australian group Woodside has returned to West Africa in [...]
Despite increasing resources and a sound financial situation Cairn is dealing with troubles that could affect its future. [...]
Long hanging back from working its blocks for want of cash, FAR is riding on the crest of Cairn’s success in Senegal. But it other assets remain sluggish. [...]
Cairn has enough money in hand to drill six new wells on its finds on SNE-1 and FAN 1 in Senegal’s offshore. [...]
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