Senegal validates Woodside claim

June 21, 2017

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Australian oil and gas producer Woodside’s play in Senegal has been validated after that country’s Minister of Energy and the Development of Renewable Energy issued a ministerial order confirming that the ASX-listed company was a participant in the SNE oilfield, offshore Senegal.

Fellow-listed FAR earlier this month made claims that the Senegalese government had not approved a $350-million deal struck between Woodside and ConocoPhillips, which would saw the Australian firm acquire ConocoPhillips interest in Senegal.

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