Front Puffin sinks AED

AED Oil has placed itself into voluntary administration after receiving "extensive advice" about losing the dispute revolving around the Front Puffin floating production, storage and offtake vessel.

Front Puffin sinks AED Front Puffin sinks AED Front Puffin sinks AED Front Puffin sinks AED Front Puffin sinks AED

An arbitral panel found AED and partner Sinopec liable for terminating the charter contract with Front Puffin owner Sea Production in July 2009 and ordered the partners to make a $US72.

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