The collapse of a farmdown deal between Tullow and joint venture partners Total E&P and China National Offshore Oil Company (CNOOC) over a tax dispute occurred when Tullow announced it terminated the farmdown on August 29, 2019 after the Sale and Purchase Agreement (SPA) expired.
For more information, please see https://www.theeastafrican.co.ke/business/Back-to-square-one-as-tullow-stake-deal-collapses/2560-5255512-62dfaw/index.html
