Advertisement
INPEX Corp. (INPEX) is continuing stable production operations at the Ichthys LNG Project in Australia through its affiliate, Ichthys LNG Pty Ltd (ILNG), alongside its project partners.
The construction of the onshore natural gas liquefaction plant of the Project was undertaken by JKC Australia LNG Pty Ltd (JKC), a consortium comprised of subsidiaries of the former JGC Corporation (JGC Holdings Corporation or the current JGC Corporation), KBR and Chiyoda Corporation.
During the construction phase, ILNG and JKC entered into a deed (the ‘Deed’), pursuant to which ILNG provided interim funding for an amount of AUS$757 727 884.46 (the ‘Funding’) to enable JKC to settle certain claims with its subcontractors. The Deed provided that JKC was obliged to repay the entire Funding on 31 December 2020.
NEWBURY RACECOURSE PLC - Preliminary Results PR Newswire London, April 30 The information contained within this announcement is deemed by the Group to constitute inside information
Havila Shipping ASA: Termination of charterparty with DeepOcean for Havila Phoenix
The subsea vessel Havila Phoenix has since 2013 served DeepOcen, under a charterparty with firm period until May 2023 with further options.
On the 18 November 2020 Havila Shipping received a letter from DeepOcean containing information regarding their intension to seek protection under British law for wind up of the UK based activities, including the company that has chartered Havila Phoenix.
After having finalized the project Havila Phoenix was engaged in at receipt of the letter mentioned, Havila Shipping ASA has received no instructions regarding further use of the vessel.
DeepOcean has, as a result of their activities, or lack of activities, ended up in breach of contractual obligations, including payment default.