KEYFACT Energy
Dana Gas has announced that Pearl Petroleum has commenced arbitration proceedings against Canadian company Enerflex, the EPC contractor of the KM 250 project.
The arbitration relates to the termination of Enerflex's contract for the Khor Mor Gas Expansion Project, due to alleged performance issues and project delays.
Pearl Petroleum, developer of the Khor Mor field in the Kurdistan Region of Iraq, is a five-company consortium comprised of Dana Gas, Crescent Petroleum, OMV, MOL and RWE