Sonatrach Signs $850M New Hydrocarbon Contract with Sinopec

• Monday, 3rd March 2025
• by Doaa Ashraf

Sonatrach signed on February 25 with Sinopec International Energy Investment (HK) Holding Ltd, a hydrocarbon production sharing contract for the Hassi Berkane Nord (HBAN) field. The contract, worth $850 million, invol...

PETRONAS Inks PSC for North Ketapang Block in Indonesia

• Monday, 27th June 2022
• by Israa Ibrahim

PETRONAS North Ketapang Sdn Bhd, a subsidiary of PETRONAS, has signed a production sharing contract (PSC) for the North Ketapang Block offshore and onshore East Java, Indonesia. During the second round of Indonesia Pe...

Suriname’s Staatsolie Signs 30-Year Production Sharing Contract with Chevron

• Thursday, 14th October 2021
• by Editorial Team

Staatsolie Maatschappij Suriname N.V., a state-owned Surinamese oil and gold company, announced that it had signed a 30-year production sharing contract with Chevron Corp (CVX.N) for the South American country’s...

Bowleven and VOG Signed a Farm-out Agreement in Cameroon

• Wednesday, 8th March 2017
• by

Bowleven and Victoria Oil & Gas (VOG) have signed a farm-out agreement that has VOG joining Bowleven company on the Bomono Production Sharing Contract (PSC) in Cameroon, a deal that has been under negotiations bet...

Kenya Grants Offshore Production Sharing Extension

• Sunday, 13th September 2015
• by Egypt Oil & Gas

Erin Energy Corporation obtained an 18-month extension of its Initial Exploration Period (IEP) of its offshore blocks in Kenya, L27 and L28, reported Rigzone. The IEP will expire now in February 2017. “We are delighte...