Nautilus Minerals Holds Meetings to Resolve PNG Issue

Nautilus Minerals Holds Meetings to Resolve PNG Issue

Nautilus Minerals Inc. announces that a number of meetings have taken place with the Independent State of Papua New Guinea (the State) over the last two weeks aimed at resolving the parties’ dispute relating to the Company’s Solwara 1 project and discussions will continue until a conclusion is reached.

On June 1, 2012 the Company initiated the dispute resolution process under an agreement between Nautilus and the State signed in March 2011. Since then, senior representatives of Nautilus have met with senior representatives of the State in order to resolve the dispute.

A further update will be provided as the matter progresses.

Subsea World News Staff , June 19, 2012; Image: Nautilus Minerals

Share this article

Follow Subsea World News

Events>

<< May 2016 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Underwater Technology Conference

2016 will be a year to remember for all of us working in the oil and gas industry and it will be talked about in decades to come, such as they…

read more >

5th International Conference Offshore Cabling 2016

At the upcoming event you will get the opportunity to learn from offshore cable installation case studies and gain insights into latest…

read more >

OPEX Global Subsea Power Cables Forum for the O&G and Energy Industry 2016

This year subsea power cable forum will bring together key experts from Oil and Gas and Energy Industry globally to discuss the current…

read more >

ADVANCED SUBMARINE POWER CABLE & INTERCONNECTION FORUM

The 2016 event will look to emulate the success of this years’ conference and continue to showcase real practical examples on what the industry…

read more >