Development donged on the head

DANISH-firm Dong Energy last week terminated a contract to build an oil and gas platform for its Hejre field, postponing the $US1.8 billion ($A2.4 billion) development, offshore Denmark, indefinitely.

Development donged on the head Development donged on the head Development donged on the head Development donged on the head Development donged on the head

Dong said the supplier consortium, Technip and Daewoo Shipbuilding & Marine Engineering, had not been able to meet its commitments under the contract.

loader