document: Woodside is the latest to admit it is on the lookout for potential M&A deals, taking advantage of the current market downturn. While not excluding deals with heavier capital investment, Woodside will favour assets that are producing or close thereto and would prefer operatorships. One such candidate would be increasing its 35% in the Sangomar project in SÃ©nÃ©gal, where it has pre-emptive rights over existing (Cairn->Lukoil) or potential deals (Far).
summary: Woodside is the latest to admit it is on the lookout for potential M&A deals, taking advantage of the current market downturn. While not excluding deals with heavier capital investment, Woodside will favour assets that are producing or close thereto and would prefer operatorships. One such candidate would be increasing its 35% in the Sangomar project in SÃ©nÃ©gal, where it has pre-emptive rights over existing (Cairn->Lukoil) or potential deals (Far).