Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Indonesia awards Akia PSC offshore North Kalimantan

Fossil Energy – Production Sharing

Armada Akia and Pexco Tarakan have signed the Akia production sharing contract in the offshore Tarakan Basin, North Kalimantan province, with Indonesia’s Ministry of Energy and Mineral Resources.

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10-year extension for Bertam oilfield PSC offshore Malaysia

Fossil Energy – Production Sharing

International Petroleum Corp.’s (IPC) Malaysian subsidiaries have signed a letter agreement with Petronas on extending the production sharing contract (PSC) for offshore Block PM 307, which covers the producing Bertam Field.

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Petronas strengthens partnership with TotalEnergies and Shell

Fossil Energy – Petronas

Petronas has signed a Production Sharing Contract (PSC) with TotalEnergies EP Malaysia (TE), Petronas Carigali Sdn Bhd (PCSB), Sabah Shell Petroleum Company (SSPC) and Shell Sabah Selatan (SSS) for Block 2K.

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