WebSep 30, 2024 · Barakah Offshore Petroleum Bhd is suing Petroliam Nasional Bhd (Petronas) for suspending its wholly owned unit’s licence to bid for new projects from the national oil company in 2024. Barakah also named former Petronas president-cum-chief executive officers (CEOs) Tan Sri Wan Zulkiflee Wan Arifin and Datuk Tengku … WebSep 29, 2024 · Barakah Offshore shares were unchanged at 2.5 sen on Thursday, valuing the company at about RM25 million. It said the sum is based on the loss of future profits, reputation and market share prices, as a result of the three-year suspension notice issued by Petronas on July 8.
Court rejects Barakah’s RM1.02b suit against Petronas - The …
WebMar 31, 2024 · KUALA LUMPUR (March 31): Barakah Offshore Petroleum Bhd and its subsidiary PBJV Group Bhd have failed in their RM1.02 billion claim in the High Court against Petroliam Nasional Bhd (Petronas) and its exploration arm Petronas Carigali Sdn Bhd.Delivering the court’s decision during virtual proceedings on Thursday (March 31), … WebOct 3, 2024 · On March 31, Barakah Offshore and and its subsidiary PBJV Group Sdn Bhd failed in their RM1.02 billion lawsuit against Petronas and its unit Petronas Carigali Sdn … brantford on obituaries
Barakah Offshore withdraws appeal against Petronas in RM1 bil …
WebSep 29, 2024 · In August 2024, Barakah Offshore announced that it was demanding RM1.02 billion as compensation from Petronas and Petronas Carigali over what it claimed to be an unwarranted suspension notice. It said the sum is based on the loss of future profits, reputation and market share prices, as a result of the three-year suspension … WebHigh Court rejects by Barakah Offshore Petroleum’s RM1.02b suit against Petronas Malay Mail KUALA LUMPUR, March 31 — The High Court here today rejected a RM1.02 billion suit by Barakah Offshore Petroleum Bhd (Barakah) and its wholly owned subsidiary PBJV Group Sdn Bhd (PBJV) against Petroliam Nasional Berhad (Petronas) and … WebSep 29, 2024 · PUTRAJAYA (Sept 29): Barakah Offshore Petroleum Bhd and its subsidiary have withdrawn their appeal against the High Court decision dismissing their RM1.02 billion claim against Petronas Nasional Bhd (Petronas).“The appellants (Barakah Offshore and PBJV Group Sdn Bhd) have withdrawn the whole appeal with no order as to costs,” read … brantford oil change