Tubarao Azul Field Updates Regarding the Current Facts

Source: www.gulfoilandgas.com 6/29/2015, Location: Not categorized

OGpar and OGX, in addition to the Material Fact released by the Companies on April 07th, 2015, announce that are still negotiating, with OSX 1 Leasing B.V. and its respective creditors, the strategies to disrupt the activities in Tubarao Azul Field and, consequently, the demobilization of FPSO OSX-1 platform. The Companies intend to conclude the negotiations until July 31st, 2015, due date established by Agência Nacional do Petroleo, Gas Natural e Biocombustiveis ("ANP") to formally present the Tubarao Azul Field‘s abandonment financial guarantee.

Additionally, the companies inform that they were formally notified of the rejection on the appeal filed by OGX in the administrative process under ANP, related to supposed irregularities on the measurement systems of FPSO OSX-1 platform, occurred in 2012, resulting in a charge of R$3.5 million. OGX is evaluating the measures to be taken and will keep its shareholders and the market informed.

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects


Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.