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Senegal: Far challenges Woodside farm-in

Australia’s Far said on 20 June it had asked the International Chamber of Commerce in Paris to start arbitration proceedings to resolve a joint operating agreement dispute regarding the company’s right to pre-empt the sale of ConocoPhillips’ interest in the Rufisque, Sangomar and Sangomar Deep joint venture. ConocoPhillips said in July 2016 it had agreed to sell Woodside its 35% stake in the three Cairn Energy-operated blocks, which include the SNE and FAN discoveries.

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