BRIEF-Nissan says likely it will not be able to be reimbursed for past, future recalls after Takata bankruptcy filing
* Nissan Motor Co says likely it will not be able to be reimbursed for past, future recalls after Takata Corp bankruptcy filing
(Adds CNOOC declined to comment in 5th paragraph)
MELBOURNE, March 31 China's CNOOC Ltd has agreed to team up with Australian minnow FAR Ltd to look for oil and gas prospects in what is seen as a promising frontier off Senegal and Gambia over the next two years, FAR said on Friday.
FAR is already active in Senegal, where it is working with Woodside Petroleum and Cairn Energy to develop a deepwater oil field and this week bought an 80 percent stake in blocks off Gambia, just south of the Senegal acreage, from U.S. firm Erin Energy Corp.
"The partnership and AMI (Area of Mutual Interest agreement) with CNOOC UK dramatically enhances FAR's ability to acquire new assets in our core strategic geographic area of expertise," FAR Managing Director Cath Norman said in a statement.
FAR plans to sell part of its 80 percent stake in the Gambian acreage over the next 18 months to help cover the $25 million to $30 million it will need to fund an exploration well there in late 2018, Norman said on the company's web site.
An external spokeswoman for CNOOC declined to comment.
(Reporting by Sonali Paul; Editing by Richard Pullin)
TOKYO, June 26 Asian shares edged up on Monday on optimism about global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy.
TOKYO, June 26 Japan's Nikkei share average ticked up on Monday morning as the dollar-yen held steady, while investors' attention fell squarely on Takata Corp after it filed for bankruptcy protection.