MARKETS

Woodside conquers Bumi in Supreme Court

MALAYSIAN shipbuilder Bumi Armada will walk away empty handed after the Supreme Court of Western Australia dismissed an appeal claim over the termination of an FPSO charter contract.

paul hunt

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The Amada Claire FPSO was leased for production of the Balnaves field back in 2011. Woodside Energy Group acquired the field in 2015 from Apache Energy and decided to terminate the charter agreement...

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