Munich Re backs oil & gas decommissioning product by OneNexus
Reinsurance News - Oct 18, 2022
Reinsurer Munich Re has agreed to provide backstop capital for a new funding product from OneNexus that seeks to provide the oil and gas industry with an option to reduce its environmental footprint. OneNexus’s Asset Retirement Obligation (ARO) product aims to address the decommissioning liabilities...
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