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Pacific Horizon reports negative annual return amid challenging period

Pacific Horizon Investment Trust PLC on Friday reported a negative performance in its financial year, explaining that the market was in a period that would not bear fruit for growth investors.

The. ....

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Montara FPSO Remains Shut Down Due to "Small Defect" Involving Two Tanks

The trouble-plagued FPSO Montara positioned off the coast of Australia remains offline with its operator Singapore’s Jadestone Energy warning that it. ....

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Delays at giant projects dent Vietnam's ambitions to expand gas sector

Delays at giant projects dent Vietnam's ambitions to expand gas sector
energyvoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energyvoice.com Daily Mail and Mail on Sunday newspapers.

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Jadestone acquires Malaysia's SapuraOMV Upstream PM

Jadestone acquires Malaysia's SapuraOMV Upstream PM
offshore-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-technology.com Daily Mail and Mail on Sunday newspapers.

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Jadestone to close Maari field deal in 2H 2021

Jadestone to close Maari field deal in 2H 2021
June 9, 2021,
by
Nermina Kulovic
Singapore’s Jadestone Energy expects to complete the acquisition of the 69 per cent operated interest in the Maari asset, located in the shallow water offshore New Zealand, from OMV in 2H 2021.
Jadestone entered into an agreement with OMV for the acquisition of a 69 per cent operated working interest in the Maari asset back in November 2019.
The acquisition was supposed to be completed in 2020. Despite several delays, Jadestone said in March 2021 it was committed to closing the deal. As the effective date remains 1 January 2019, Jadestone will ultimately receive all economic benefits of the Maari interest from that date. ....

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