Woodside completes acquisition of ConcoPhillips' interests in Senegal
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
Further to Woodside’s ASX announcement dated 14 July 2016, Woodside has announced completion of the transaction to acquire 100% of the shares in ConocoPhillips Senegal B.V.
The transaction has completed for a purchase price of US$350 million plus net customary adjustments of approximately US$90 million.
The acquisition includes a 35% working interest in three offshore exploration blocks, which contain the SNE and FAN deepwater oil discoveries in Senegal.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/31102016/woodside-completes-acquisition-of-concophillips-interests-in-senegal/
You might also like
McDermott awarded offshore contract by Brazil's BRAVA Energia
Under the contract scope, McDermott will execute the transportation and installation of flexible pipelines, umbilicals and associated subsea equipment for two new wells at the Papa-Terra field and two new wells for the Atlanta Phase 2 development.