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“PSC”

Definition PSC is the acronym of Production Sharing Contract. PSA may also be used to refer to Production Sharing Agreement Comments PSC is an agreement between the parties to a well and a host...

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BP, ExxonMobil, KNOC, Shell and Total line up for Bab sour gas

CH2M Hill is working on Adnoc Bab sour gas pre-FEED BP, ExxonMobil, Korean National Oil Company (KNOC), Shell and Total are the happy few pre-qualified international oil companies to submit offer for...

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Total aligns contractors on Moho-Nord in Congo

Total-Chevron-SNPC to invest $7 billion in Moho-Nord Total from France, and its partners, Chevron from USA and the local Société Nationale des Pétroles du Congo (SNPC) are willing to move on fast track...

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Indonesia Pertamina to expand West Madura Offshore Project

Pertamina adds six platforms at West Madura Offshore The Indonesia national oil company (NOC) Pertamina and its partner Kodeco from South Korea, are ready to call for bid (CFB) six new platforms to...

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Ukraine in rush for gas independence with Chevron, Shell and Eni

Chevron at final stage for Oleska Shale Gas project After Eni and Shell, which signed a production sharing agreement (PSA) respectively in June 2012 and January 2013, Chevron is reaching the final...

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Lukoil and Uzbekneftegas to invest $3 billion in Kandym field expansion

Uzekistan Lukoil Kandym FEED work nears completion The Russia largest privately-owned company Lukoil Oil Company (Lukoil) and the national oil company (NOC) Uzbekneftegas National Holding Company...

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BP and Socar to boost Azerbaijan ACG Full Field Development

BP recommends AIOC to add platforms before 2021 As the operator of the Azeri-Chirag-Gunashli (ACG) oil field in the Caspian Sea of Azerbaijan, Azerbaijan, BP shared with his partners, the State Oil...

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