ConocoPhillip to join Cairn Energy in Senegal offshore blocks

LONDON – British oil and gas exploration company Cairn Energy has entered into a farm down agreement with US industry giant ConocoPhillip to offload 25 percent stake in three contiguous blocks located offshore Senegal, West Africa. Under the terms of the agreement, which is subject to Government of Senegal approval, ConocoPhillips will acquire a 25% working interest from Cairn in the three …

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