"In respect of the principal issue heard, the tribunal has...

"In respect of the principal issue heard, the tribunal has determined that the Senegal RSSD Joint Operating Agreement does not grant to the JOA Parties a preemption right over a transaction involving a sale of shares in a JOA Party. Consequently, the Tribunal has determined that FAR did not have a preemption right over the 2016 sale of shares of RSSD 35% interest holder, Woodside Energy Senegal BV (formerly known as ConocoPhillips Senegal BV), to Woodside Energy Holdings (Senegal) Limited. "

"

FAR did not have a preemption right over the 2016 sale of shares ​

" - I didn't think anyone thought (other than COP) that FAR had a preemptive right over the sale of shares. I always thought that FAR was arguing that the preemptive right was over the joint venture interest and hence the original notice was invalid.

Anyway glad to see the end of it!

Regards

SP