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FAR Limited Settles $6 Million Claim with Woodside Over Senegal Project
8:38am on Monday 22nd of December, 2025 AEDT
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Energy
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FAR Limited Settles $6 Million Claim with Woodside Over Senegal Project
8:38am on Monday 22nd of December, 2025 AEDT
Key Points
FAR to pay Woodside $6,029,899 settlement promptly
Claim arises from unrecovered petroleum expenditure in Senegal
Indemnity capped at $6.8 million under 2021 Sale and Purchase Agreement
Woodside to refund FAR if expenditure recovered by end of 2030
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