Gulf Oil and Gas accountACCOUNT

Exmar & PEP Agree to Terminate Agreement

Source: Reuters 3/8/2016, Location: South America

Exmar and Pacific Exploration and Production Corp (PEP) have agreed to terminate a liquefaction and storage agreement, originally executed in March 2012 for a term of 15 years.

Settlement agreement stipulates a termination fee payable by PEP to Exmar in monthly installments from March 2016 until June 2017.

Exmar is actively negotiating new employment of the CFLNG with several counterparts and the CFLNG will be delivered in the Q2 2016 from the Wison shipyard in Nantong (China) Source text: bit.ly/24OC4AU Further company coverage:

Transport of Hydrocarbons News in Colombia >>

Mexico >>  3/30/2020 - McDermott International, Inc. has been awarded a sizeable* contract by BHP Billiton Petroleo Operaciones de Mexico, S. De R.L. De C.V. (BHP) to provid...
Venezuela >>  3/28/2020 - Rosneft announces the termination of its operations in Venezuela and the disposal of its assets, related to operating in Venezuela. Rosneft concluded ...

Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Colombia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.