(Bloomberg) -- Talisman Energy Inc., the Canadian
oil company spun off from BP Plc, is suing China's Cnooc Ltd.
over a stake in a $5 billion liquefied natural gas venture in
Indonesia, U.S. court papers show.
Talisman's Fortuna Resources (Sunda) Ltd. unit is claiming
the right to 44 percent of Cnooc's 17 percent interest in the
Tangguh development, according to filings in the District Court,
Dallas County, Texas. Fortuna doesn't have the right to share in
the project, and if the court disagrees, Fortuna's interest
would be no more than 5.4 percent, Cnooc claims in its filings.
Read more at Bloomberg Energy News
oil company spun off from BP Plc, is suing China's Cnooc Ltd.
over a stake in a $5 billion liquefied natural gas venture in
Indonesia, U.S. court papers show.
Talisman's Fortuna Resources (Sunda) Ltd. unit is claiming
the right to 44 percent of Cnooc's 17 percent interest in the
Tangguh development, according to filings in the District Court,
Dallas County, Texas. Fortuna doesn't have the right to share in
the project, and if the court disagrees, Fortuna's interest
would be no more than 5.4 percent, Cnooc claims in its filings.
Read more at Bloomberg Energy News
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