Monday 2 March 2015

Philippines: Force majeure granted on Forum Energy's SC72, offshore Philippines

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



AIM-listed Forum Energy has confirmed that the Philippine Department of Energy has granted a force majeure on Service Contract 72 (SC72) because the contract area falls within the territorial disputed area of the West Philippine Sea, which is the subject of an United Nations arbitration process between the Republic of Philippines and the People's Republic of China.

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