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Stock Market & Financial Investment News

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June 13, 2014
05:32 EDTBRGYY, KNOPKNOT Offshore Partners announces new charter of Windsor Knutsen by BG Group
KNOT Offshore Partners (KNOP) announced an agreement with Brazil Shipping I Limited, an affiliate of BG Group (BRGYY), for the time charter of the vessel Windsor Knutsen. The hire rate for the initial term is in line with the rate in the existing charter with BG. The charter has an initial term of two years. BG has options to extend the term of the charter for three additional one-year periods. The charter will commence in or around the fourth quarter of 2015. If all three extension options are exercised, the Windsor Knutsen will operate for BG until the end of 2020. The shuttle tanker will operate in Brazil.
News For KNOP;BRGYY From The Last 14 Days
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May 17, 2015
18:46 EDTBRGYYShell-BG deal could spur Kazakhstan to buy out Karachaganak assets, WSJ says
BG Group's (BRGYY) most recent annual report cautions that if the company is acquired by Shell (RDS.A, RDS.B), the Kazakhstan government may exercise its pre-emption rights and buy out BG's stake in the Karachaganak gas field, reports The Wall Street Journal. When asked about the issue, a Shell spokesperson remarked that the merger deal with BG is "pro-competitive," adding that CEO Ben van Beurden travelled to Kazakhstan last month. Reference Link
May 13, 2015
07:40 EDTBRGYYRoyal Dutch Shell and BG Group announce JDA agreement
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