Examples of TG Holdings in a sentence
In 2018, the Ministry of Oil and Minerals of the Republic of Yemen (“MOM”) raised claims against the contractor parties, including TG Holdings.
As anticipated, two months allowed by CMU for extension of the project closing date were not sufficient for completion of all essential activities. Investment climate component: Installation of the integrated software management and providing training for users of the Trade and Credit Register were planned to be completed by mid-December 2019. Diguel slaughterhouse & three milk collection and marketing centers: Safety and construction quality issues were not resolved.
Although it is not possible to estimate the extent of potential costs, if any, management believes that the ultimate resolution of such contingencies would not have a material adverse impact on the results of operations, financial position or liquidity of the Company.On March 31, 2015, TG Holdings Yemen, Inc.
The award also determined that the contractor parties, including TG Holdings, are jointly and severally liable for certain costs in the amount of $6.5 million.
Tannenbaum is the manager of TG Holdings and owns 100% of the capital interest in the company.
Approximately 90% of the issued and outstanding membership interests of Titan are held by Titan Grove Holdings LLC (TG Holdings).
TransGlobe is the indirect holder of TG Holdings Yemen Inc., which is 100% owned directly by TransGlobe Petroleum International Inc.
It is expected that drilling of the second exploration commitment well will commence immediately after the interpretation of the new seismic data, which is expected early in 2008.Block 84, Republic of Yemen (33% working interest)Operations and ExplorationIn December 2006, the Ministry of Oil and Minerals (“MOM”) selected the joint venture group comprised of DNO ASA (operator at 34%), TG Holdings Yemen Inc.
These objectives are also in line with the foundations of the new global partnership, as outlined by the Millennium Declaration on the Millennium Development Goals (MDGs), The Monterrey Consensus on Financing for Development, the Johannesburg Summit on Sustainable Development and the NEPAD.
Project 15054 – Markham Centre – 3 Bridges over GO Line (EA) – Budget of$725,600 with remaining funds of $725,600 (100% of project budget).