Woodside Petroleum says its joint venture partner at the SNE oilfield offshore Senegal, FAR, has declined to support a transition for the energy giant to eventually take over as operator of the operation. Woodside acquired ConocoPhillips' 35 per cent stake in the block last year as part of a $460 million acquisition, and shares ownership with junior Australian explorer FAR, Britain's Cairn Energy, and Senegal's state-owned Petrosen. The Perth-based energy giant said today FAR's decision put at risk the timely development of the SNE oilfield, and could delay the timeframe for production to start by 2021.
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