BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Sep.2025, Words: 185) — TotalEnergies (80%, operator), together with its partner South Atlantic Petroleum (20%), have signed the production sharing contract (PSC) for the PPL 2000 and PPL 2001 exploration licenses offshore Nigeria. The licenses were awarded following the 2024 Exploration […]
Tag: PSC
Petronas Takes FID for Hidayah Development Project
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jan.2025) — Petronas subsidiary PC North Madura II Ltd., reached a final investment decision (FID) for the Hidayah field the development, located in the North Madura II Contract Area, East Java, Indonesia. PC North Madura II Ltd. operates Hidayah with 100% participating interest […]
Aker Solutions Wins Subsea Order for Libra’s Mero Field Offshore Brazil
(Aker Solutions, 5.Oct.2018) — Aker Solutions has signed a contract with Petrobras to provide a subsea production system and related services for the Mero 1 project within the Mero field development, one of the largest oil discoveries in Brazil’s pre-salt area. The subsea production system will consist of 12 vertical […]
Baron Provides Update On Block Z-34 Peru
(Baron Oil plc, 6.Feb.2017) — The Board of Baron Oil plc provided an update on activities in Peru on Block Z-34 Following preparation and presentation of a detailed drilling plan in Lima, the company is pleased to announce that Cuy-Z34-13-1X has now been accepted by PeruPetro, the responsible government agency, […]