Premier closes in on refinancing package

UK independent Premier Oil has agreed to hand over some control of major new projects to lenders as it closes in on a refinancing deal that it hopes to finalise in the first quarter next year.

Struggle: Premier Oil chief executive Tony Durrant
Struggle: Premier Oil chief executive Tony Durrant
Published 25 November 2016, 15:00Updated 25 November 2016, 15:00
EuropeCorporate