Ascent Resources plc said it had been advised of a prepared draft for a tribunal award in connection with its Petišovci gas joint venture in Slovenia. COMPLEXITY The company’s claim is under the Energy Charter Treaty against the Slovenian Government. Ascent added that the arbitration tribunal from International Centre for Settlement of Investment Disputes (ICSID), […]
Tag: award
Ascent expects Slovenia award this quarter
Ascent Resources plc today said it still expected an award towards the end of the first quarter of this year, in relation to its Energy Charter Treaty claim against Slovenia. DELIBERATION The claim, registered with International Centre for Settlement of Investment Disputes (ICSID), is connected with the company’s Petišovci onshore gas joint venture. Ascent added that […]
EnQuest retains best PAC title in Malaysia
EnQuest plc has won best petroleum arrangement contractor (PAC) in Malaysia for the second consecutive year at the Emerald Awards by state-owned oil company Petronas (Petroliam Nasional Berhad). VISION At the ceremony in Kuala Lumpur, Petronas also gave the company an award for abandonment excellence. “To receive this recognition once is a great honour,” said EnQuest’s […]