Cambodia canceled two offshore licenses of Resourceful Petroleum

Cambodia canceled two offshore licenses of Malaysia’s operator Resourceful Petroleum, due to violations of the concession agreement and not performing obligations of petroleum agreements. The two licenses were for development and operations of offshore oil Block B and Block F, which has sufficient resources of oil and gas. …

Svilen Petrov
http://www.newsmaritime.com/2016/cambodia-canceled-two-offshore-licenses-of-resourceful-petroleum/