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Teekay Corporation Completes Banff Decommissioning Agreement | Hellenic Shipping News Worldwide

Teekay Corporation announces the completion of the remaining conditions precedent relating to the previously announced Decommissioning Services Agreement (DSA) with CNR International (UK) Limited (CNRI), on behalf of the Banff joint venture, whereby Teekay has engaged CNRI to decommission the Company’s remaining subsea infrastructure located within the CNRI-operated Banff Field. As part of the DSA, . ....

United Kingdom , Kenneth Hvid , Teekay Corporation , Services Agreement , International United Kingdom Limited , Decommissioning Services Agreement , Banff Field , ஒன்றுபட்டது கிஂக்டம் , டீக்கே நிறுவனம் , சர்வதேச ஒன்றுபட்டது கிஂக்டம் வரையறுக்கப்பட்டவை , பணபிபி புலம் ,

Teekay : May 27, 2021 Teekay Corporation Completes Banff Decommissioning Agreement


Teekay or
the Company) (NYSE:TK) announces the completion of the remaining conditions precedent relating to the previously announced Decommissioning Services Agreement (
DSA) with CNR International (UK) Limited (
CNRI), on behalf of the Banff joint venture, whereby Teekay has engaged CNRI to decommission the Company s remaining subsea infrastructure located within the CNRI-operated Banff Field. As part of the DSA, which is now in full effect, CNRI has assumed full responsibility for Teekay s remaining asset retirement obligations (
Phase II) for the above-mentioned facilities, which should enable CNRI to complete Teekay s Phase II work in conjunction with their other decommissioning work at the Banff Field in a more efficient manner. ....

United Kingdom , Ryan Hamilton , Kenneth Hvid , York Stock Exchange , Services Agreement , International United Kingdom Limited , Teekay Tankers Ltd , Teekay Corporation , New York Stock Exchange , Teekay Lng , Decommissioning Services Agreement , Banff Field , Teekay Tankers , Teekay Corporation Stock Exchange , Press Release , N Tk Mhy8564w1030 , ஒன்றுபட்டது கிஂக்டம் , ரியான் ஹாமில்டன் , யார்க் ஸ்டாக் பரிமாற்றம் , சர்வதேச ஒன்றுபட்டது கிஂக்டம் வரையறுக்கப்பட்டவை , டீக்கே டேங்கர்கள் லிமிடெட் , டீக்கே நிறுவனம் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , டீக்கே ல்க் , பணபிபி புலம் , டீக்கே டேங்கர்கள் ,

Court of Appeal addresses expert's duties and conflicts of interest


In
Secretariat Consulting PTE Ltd v A Company, the Court of Appeal considered for the first time the question of an expert s duty to avoid a conflict of interest.(1) The Court of Appeal s decision, while not deciding the point finally, means that it is unlikely that a court will now recognise such a duty as a matter of law. The issue is a matter of contract. On the terms of the expert firm s engagement in this case, the Court of Appeal upheld the High Court s decision to grant an injunction restraining the firm from acting for a third party in a connected arbitration. The judgment contains a useful analysis of when conflicts can arise in related cases and the circumstances in which a large organisation offering expert or litigation support services may find itself conflicted. ....

United States , United Kingdom , Jonesv Kaney , Jefri Bolkiah , Ioana Burtea , Freshfields Bruckhaus Deringer , Lady Justice Carr , Justice Coulson , Justice Ofarrell , Halliburton Companyv Chubb Bermuda Insurance Ltd , See Marks Spencer Group , Marie Berard Or Sam Brownat Clifford Chance , Royal Institution Of Chartered Surveyors , Institute Of Arbitrator Expert Witness Protocol , A Company Itd , A Company , Supreme Court , Bristol West Building Societyv Mothew Ch , Companya Arbitration , Secretariat International United Kingdom Limited , Secretariat International , Clifford Chance , High Court , Secretariat Consulting , International United Kingdom Limited , Mrs Justiceo Farrell ,