AUSTRALIA

BMG JV lodges cross-claim against BW Offshore

PARTNERS in the Basker Manta Gummy Joint Venture have hit back at BW Offshore, lodging a cross-claim to recover drilling-related costs of $US63.4-86 million ($A88.3-119 million) for the oil and gas project in the Gippsland Basin.

BMG JV lodges cross-claim against BW Offshore

Operator Roc Oil said the claim was due to the JV's reliance on BW Offshore for the supply of a floating, production, storage and offloading vessel under the terms of a letter of intent between the two...

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