Perisai, Emas reach $43M settlement agreement

By Offshore Energy Today.. Singapore’s Emas Offshore and Malaysia’s Perisai Petroleum Teknologi have reached a settlement agreement in a dispute over put options in their joint venture SJR Marine. Oilfield services provider Perisai holds 50% interest in SJR Marine with an option to sell the entire share to Emas, which already holds the remaining 49% interest. Since early October 2016, […]

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