Tag Archives: Production Sharing Contract

Shell Expands Stake in OML 118 with Acquisition of TotalEnergies’ 12.5% Share

(IN BRIEF) Shell Nigeria Exploration and Production Company (SNEPCo) has agreed to acquire TotalEnergies EP Nigeria Limited’s 12.5% stake in the OML 118 Production Sharing Contract, increasing Shell’s interest in the offshore Nigerian field to 67.5%. The acquisition enhances Shell’s … Read the full press release

TotalEnergies Sells 12.5% Stake in OML118 PSC to Shell Nigeria for $510 Million

(IN BRIEF) TotalEnergies has agreed to sell its non-operated 12.5% stake in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for $510 million. The deal includes assets in the Bonga and Bonga North fields, … Read the full press release

bp secures a 20-year extension of the production sharing contract (PSC) for the Tangguh LNG project from the Government of Indonesia

(PRESS RELEASE) LONDON, 23-Dec-2022 — /EuropaWire/ — bp (LON: BP), a British multinational oil and gas company, has announced that the company secured a 20-year extension of the production sharing contract (PSC) for the Tangguh LNG project, which includes the … Read the full press release

TotalEnergies signs new contract for the Berkine asset in Eastern Algeria with Sonatrach, Occidental and Eni

(PRESS RELEASE) PARIS, 19-Jul-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries, has announced a new contract for the Berkine asset in Eastern Algeria with Sonatrach, Occidental and … Read the full press release

TotalEnergies unterzeichnet mit Sonatrach, Occidental und Eni einen neuen Vertrag für die Berkine-Anlage in Ostalgerien

(PRESSEMITTEILUNG) PARIS, 19-Jul-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), ein globales Multi-Energieunternehmen mit über 100.000 Mitarbeitern und Präsenz in mehr als 130 Ländern, hat einen neuen Vertrag mit Sonatrach, Occidental und Eni für das Berkine-Projekt in Ostalgerien bekannt gegeben. Die neue … Read the full press release