Consolidated Energy is seeking to have the $900 million it paid for Clico’s 56.53 percent share of the Methanol Holdings Company reduced in light of what it says was misrepresentation of the supply shortfalls.
Lawyers for the Consolidated Energy said that despite assurances that curtailments would average 12 percent in September 2013 the actual level was 25.96 percent, limiting the methanol plant’s output.
In the most recently available figures from the Ministry of Energy and Energy Affairs, in its mid-year energy sector review, natural gas production fell to 112 mcm (3.97 bcf) per day in April 2014 as a result of BGTT reducing production to facilitate its Starfish development. BGTT and Chevron each retain a 50-percent interest in the Starfish development.
UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More
Oslo-listed Shelf Drilling has secured a contract for the Shelf Drilling Fortress jack-up rig with an undisclosed North Sea operator… Read More
A 720-MW Australian solar farm is pioneering a model of agrivoltaics with livestock integration by playing host to more than… Read More
Malaysia’s Sapura Energy has been awarded a five-year contract from Thailand’s PTTEP to conduct Pan Malaysia subsea services for Petronas… Read More
QatarEnergy has struck a USD 6-billion deal with the China State Shipbuilding Corporation (CSSC) to build 18 of the largest… Read More
This website uses cookies.