News Oil & Gas

Sangomar production meets PSC sale terms

Capricorn Energy plc said that at least 30 days’ continuous production on the Sangomar oil field had met the production condition relating to the sale of its interest in the PSC. TAX The company was informed by operator Woodside Energy plc which began production on 10 June, offshore Senegal. Capricorn added that Woodside, as recipient […]

Legal News Oil & Gas

Capricorn receives tax notice for Sangomar sale

Capricorn Energy plc said it would defend its position against tax notice relating to a product sharing contract over the Sangomar oil field, offshore Senegal. TRANSFER In 2020 Woodside Energy acquired the entire interest in the project belonging to the company, then known as Cairn Energy. Woodside received notice from the Senegalese Tax Authority that […]