EXPLORATION

Lion adds 20 years to Indonesian PSC

LION Energy has signed onto a 20-year extension to the Seram Non-Bula production sharing contract with partner Citic Resources and the Indonesian government.

Lion adds 20 years to Indonesian PSC

The principal terms of the renewal struck with the government in Jakarta include the PSC being based on a gross split formula for 20 years from October 31 2019, the payment of a signature bonus of US$1...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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