Page 4 - Sharing Contract News Today

Baron Oil has announced an update on the TL-SO-19-16 Production Sharing Contract (Chuditch PSC), offshore Democratic Republic of Timor-Leste. Barons wholly owned subsidiary, SundaGas, has been granted a further six-month extension to Contract Year Two of the PSC. The Company remains in discussions with third parties regarding participation in the Chuditch appraisal well and future activities.

LAGOS, May 25 - Nigeria's state-owned oil company NNPC Ltd said on Thursday it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta. Oil Mining Lease 130 is located offshore Niger Delta at water |

The Nigerian National Petroleum Company Limited has announced the renewal of the Oil Mining Lease 130 Production Sharing Contract and

By Emmanuella Anokam Abuja, May 25, 2023 The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Oil Mining Lease (OML) 130 Partners have closed out the lease renewal process for OML 130 to unlock additional value from the Asset for stakeholders. The NNPC Limited announced the renewal of the OML 130 Production Sharing Contract |

The Nigerian National Petroleum Company Limited (NNPCL) has announced the renewal of a series of agreements concerning Oil Mining Lease (OML) 130.

The NNPC Limited announced the renewal of the OML 130 Production Sharing Contract and conversion of the acreage to a Petroleum Mining Lease in accordance with the Petroleum Industry Act, 2021 provisions on Thursday.

The Nigerian National Petroleum Company Ltd, NNPCL, has entered into an agreement to renew the OML 130 Production Sharing Contract and

Kota Kinabalu: Sabah formalised its acquisition of a 50 per cent participating interest in the Samarang PSC by engaging into binding agreements with Petronas Carigali Sdn Bhd (PCSB), Tuesday.

KOTA KINABALU (Apr 4): Sabah formalises acquisition of 50 per cent participating interest in the Samarang PSC by entering into definite agreements with Petronas Carigali Sdn Bhd (PCSB) on Tuesday. This followed the Heads of Agreements (HoA) signing between state-owned SMJ Sdn Bhd (SMJSB) and PCSB

Sarawak Shell Berhad (“SSB”), a subsidiary of Shell plc, has completed the previously announced sale of its stake in two...