Investegate |i3 Energy PLC Announcements | i3 Energy PLC: Contract Restructure & Dividend Creditor Consent
Investegate announcements from i3 Energy PLC, Contract Restructure & Dividend Creditor Consent
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Investegate announcements from i3 Energy PLC, Contract Restructure & Dividend Creditor Consent
i3 Energy announces contract restructuring with Baker Hughes and creditor consent to proceed with dividend 17 May 2021 i3 Energy, an independent oil and gas company with assets and operations in the UK and Canada, has provided the following update. In September 2017, i3 entered a £5.8 million contract with GE Oil & Gas UK for subsea trees and wellheads (the 'Equipment Contract') intended for the Company's eventual development of its Liberator field. In July 2019, i3 announced it had awarded Baker Hughes, a GE company (GE Oil & Gas UK Limited and Baker Hughes collectively referred to herea...