MARKETS

Woodside seals the deal on massive oil project acquisition

AUSTRALIAN oil and gas major Woodside Petroleum has entered into a binding sale and purchase agreement to acquire Cairn Energy's interest in the Sangomar oil project offshore Senegal.

paul hunt

Woodside seals the deal on massive oil project acquisition

Woodside first announced it would buy out Cairn Energy's interest in what will be Senegal's first offshore oil development in August, utilising its pre-emptive right to call first shot after Cairn...

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