Woodside completes acquisition of Cairn stake in Sangomar project
Woodside Energy has purchased Cairn's interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.
Woodside Energy has purchased Cairn's interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.
The portfolio comprises non-operational equity shares in more than 15 producing fields in three regions in the North Sea.
SBM Offshore and Shell have agreed an extension of the end of the contractual lease and operate period from December 2023 to December 2028.