Nexen Inc. has lost an arbitration with its former parent company over disputed offshore energy properties in Yemen, but the Middle Eastern country is no longer as vital to the firm with major new production expected from the North Sea, the Alberta oilsands and elsewhere.
Green Marine
about 20 years ago
Nexen loses arbitration case to former parent over Yemen offshore properties
Nexen Inc. has lost an arbitration with its former parent company over disputed offshore energy properties in Yemen, but the Middle Eastern country is no longer as vital to the firm with major new production expected from the North Sea, the Alberta oilsands and elsewhere.
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