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>

<< Feb 2017 >>
MTWTFSS
30 31 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 1 2 3 4 5

NGV Global 2017

The NGV GLOBAL 2017 Conference will bring together leaders in the world natural gas for vehicles to discuss current trends, development…

read more >

AOG 2017

The Forum will begin directly after the SUT Subsea Controls DownUnder Conference, drawing a wider audience for our suppliers.This event…

read more >

40th Annual Offshore Pipeline Technology Conference 2017

The conference will cover areas like discuss on pipeline integrity management and life extension strategies for better operational outcomes…

read more >

MEOS 2017

The conference typically features over 300 high quality technical presentations, a series of panel sessions led by presidents, vice presidents…

read more >