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FAR Ltd

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Australia’s FAR Gets $159.2 Million Buyout Offer from Remus Horizons

Cash-strapped FAR has struggled due to the coronavirus-induced downturn in the oil and gas industry.

FAR Defaults on Senegal Sangomar Project Obligations

The company owns 15% of the Sangomar oil and gas field being developed offshore Senegal.

Woodside, Partners Review Timing of $4.2 Billion Senegal Oil Project

The project is Senegal’s first oil development and key to Woodside’s growth plans over the next seven years.

Australia’s FAR Takes Final Investment Decision For Senegal Oil Project

The Senegal government recently gave the greenlight for the project, which is expected to produce 231 million barrels (MMbbl) of oil resources in its initial phase of development and strike first oil in the next three years.

Woodside, Partners Get Final Go-ahead For Oil Project Offshore Senegal

The project is estimated to target 231 million barrels of oil resources in its initial phase of development.

Australia's Woodside Petroleum Submits Final Plan For Senegal Oil Project

Australia's Woodside Petroleum on Tuesday said the final field development plan for the Sangomar oil field was submitted to Senegal government, a joint project owner, paving the way for partners to proceed with final investment decisions.

Australia’s FAR: Offshore Gambian Blocks Could Hold 1.2 Billion Barrels Of Oil

FAR, which operates and owns 50% of the two offshore licenses, said it was entitled to about 621 million barrels and was preparing to start drilling next year.