PURA Vida Energy has, after entering a trading halt earlier this week, updated the market on its dispute the energy department of the Gabonese government over its offshore Nkembe block, saying it has halted all work and wants a US$9 million signing bonus it paid in 2013 back.
The real news is that the government has finally terminated the agreement after more than a year of argy-bargy, saying the junior has been "fully released of its interest in the Nkembe PSC". ...
Energy News Bulletin (ENB) is the Asia Pacific region's most comprehensive source of daily energy news, providing unparalleled insight into the Energy sector through expert commentary and researched features.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
