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News: UPDATE 1-ConocoPhillips hits snag in Senegal deepwater stake sale to Woodside, page-52

  1. 13,410 Posts.
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    "I just hope they all sort this out amicably, we don't want solicitors let lose as could potentially delay the project by years if ownership is uncertain "

    Untill it is sorted COP still own 35% and are part of the JV so won't hold anything up they would be out voted. There is more incentive for COP to sort this out soon simply because A: they recieve the money earlier and B: they don't want to get involved with more spending...

    The JV does have deadlines agreed with by the Govt. They are the real movers in these projects.

    With regards to Lawyers very little would get done without them unfortunately...

    Cheers Whisky
    Last edited by Whisky49: 24/08/16
 
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