FAR wanted to PE COP Senegal BV (per CN's comments) so PE rights almost certainly don't apply to the company holding the asset.
PE rights certainly apply to the asset itself.
If they had the money and it was cheap why didn't FAR PE the asset. They had all the knowledge of the asset as a JV member. They didn't have the money but if they did...
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WPL and FAR discussion, page-49
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