FAR secures $300m facility for Sangomar project in Senegal

In:

Oil & gas

Region:

Middle East & Africa

Oil and gas group FAR Limited has agreed a $300 million senior secured reserve-based lending facility for the Sangomar Field Development offshore Senegal.The facility is being provided by Macquarie Bank, BNP Paribas and Glencore, which will each contribute $100 million. The deal has a seven-year...

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