MARKETS

KrisEnergy saved by the bell

BELEAGUERED Southeast Asian oil and gas explorer and producer KrisEnergy has been saved from having to formally wind up and liquidate, after FPSO provider Rubicon withdrew its legal case demanding the courts force the company to shut up shop.

paul hunt

FPSO provider Rubicon Offshore formally settled a contractual dispute which it launched last year after KrisEnergy terminated a charter for Rubicon Vantage FSO which was anchored at the company's Wassana...

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