February 14, 2020 / 2:22 AM / 2 days ago

BRIEF-FAR Ltd Received Arbitral Tribunal's Award In Respect Of Arbitration Against Woodside

Feb 14 (Reuters) - FAR Ltd:

* RECEIVED ARBITRAL TRIBUNAL’S AWARD IN RESPECT OF ISSUES HEARD IN JULY 2019 IN ARBITRATION AGAINST WOODSIDE ENERGY SENEGAL BV

* TRIBUNAL SAYS SENEGAL RSSD JOINT OPERATING AGREEMENT DOES’NT GRANT PARTIES PREEMPTION RIGHT OVER TRANSACTION ON SALE OF SHARES IN A JOA PARTY

* TRIBUNAL DETERMINED THAT IT DID NOT HAVE AUTHORITY TO DETERMINE CONSEQUENCES OF A LETTER SENT TO FAR IN JULY 2016 FROM CONOCOPHILLIPS PETROLEUM Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below