KrisEnergy completes sale of Andaman II offshore block to BP
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
The consideration for the disposal is US$15 million, subject to a retention sum of US$1.7 million which may be used by BP to offset against any payment obligations that may become due by KrisEnergy from the completion date until 31 December 2021.
Image courtesy of KrisEnergy
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/08042020/krisenergy-completes-sale-of-andaman-ii-offshore-block-to-bp/
You might also like
Baker Hughes and Petrobras sign strategic service agreement
Baker Hughes, an energy technology company, has announced a 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations, as well as a major refinery.