News
31 March 2020

FAR unable to complete debt arrangements for Sangomar project

In:
Oil & gas
Region:
Middle East & Africa

In an update to the Australian Stock Exchange, FAR Limited has announced that falls in Brent oil prices, exacerbated by CORVID-19, have left the company unable to close the debt arrangements for the  Sangomar oil project, off the coast of Senegal. The lead banks to the senior facility...

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