The consideration for the disposal is US$15 million, subject to a retention sum of US$1.7 million which may be used by BP to offset against any payment obligations that may become due by KrisEnergy from the completion date until 31 December 2021.
Nicholas Woodroof
Editor
Nick joined Palladian Publications in January 2018 after graduating from the University of Edinburgh with a degree in History, including a year abroad at the University of Delhi. After an enjoyable stint as Digital Editorial Assistant, he is now the Editor of Oilfield Technology and World Fertilizer.
Outside of work Nick enjoys cross-country running, whipping up the occasional curry and travelling.
