Latest news with #WDSAX
Reuters
3 days ago
- Business
- Reuters
Woodside Energy seeks arbitration in dispute with Senegal
DAKAR, June 2 (Reuters) - Australia's Woodside Energy ( opens new tab has filed a request for international arbitration with the International Centre for Settlement of Investment Disputes (ICSID) given the lack of resolution on certain matters with Senegal, a spokesperson for the company said on Monday. "Woodside strongly believes we have acted in accordance with applicable regulations, the Sangomar Production Sharing Contract and the Host Government Agreement, and there are no outstanding taxes payable," the company told Reuters via email.
Reuters
4 days ago
- Business
- Reuters
Woodside Energy files arbitration proceedings against Senegal
DAKAR, June 2 (Reuters) - Australia's Woodside Energy ( opens new tab, which operates Senegal's Sangomar oil and gas field, has filed a complaint with the World Bank's International Centre for Settlement of Investment Disputes, a filing seen by Reuters showed on Monday. The complaint filed on May 30, named Senegal's Ministry of Petroleum and Energy as the respondent. It gave no further details. The company, which holds an 82% participating interest in Senegal's first offshore project, filed a court action in the country last August over a tax assessment dispute.
