"The bank knows what we're doing and we know what they want"

A solution to the critical Orlando project is crucial for Atlantic Petroleum, which is unable to make payments. Intense negotiations are taking place now in London with the bank on the sidelines. "They know what we're doing and we know what they want," CEO Ben Arabo tells ShippingWatch.

Photo: Marit Hommedal - Statoil

Atlantic Petroleum is currently in negotiations in London to sell the Orlando project in which the company owns a 25 percent stake, says CEO Ben Arabo.

"We are negotiating with a London-based player for commercial opportunities for Orlando," he tells ShippingWatch.

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