14 May 2024
Statoil farms into three PSCs in Indonesia with Niko Resources
Publication date: 25 May 2011
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Norwegian oil and gas major Statoil said it has struck a deal with Canada’s Niko Resources to acquire a 40% equity interest in a production sharing contract (PSC) in Indonesia’s North Makassar Strait block, and a similar interest in two additional offshore PSCs in the West Papua IV and Halmahera-Kofiau blocks.