FAR secures Sangomar final investment decision

FAR has taken the final investment decision (FID) and received final credit approvals for an underwritten $US300 million ($436.3 million) senior secured reserve-based lending (RBL) facility for the Sangomar field development offshore of Senegal. Read more

Oil and gas discoveries hit four-year high

Oil and gas companies discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy.

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