The trial, to be held at Southwark Crown Court, is expected to last six weeks, Punch reported.
The UK Serious Fraud Office charged the former CEO and COO of upstream company Afren with fraud last year.
Osman Shahenshah and Shahid Ullah were charged with two counts of fraud by abuse of position, under sections 1 and 4 of the Fraud Act 2006; one count of money laundering, under section 328 of the Proceeds of Crime Act 2002; and one count of money laundering, under section 329 of the Proceeds of Crime Act 2002.
PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More
Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More
Saudi Aramco has awarded a USD 1 Read More
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
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