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Signature of PSC for Block A-12, Offshore Bioko

Source: www.gulfoilandgas.com 6/18/2012, Location: Africa

The Ministry of Mines, Industry and Energy is pleased to announce that a Production Sharing Contract (PSC) has been signed regarding Block A-12, offshore Bioko, Equatorial Guinea. The PSC was signed between the Ministry of Mines, Industry and Energy, Marathon and GEPetrol, the national oil company of Equatorial Guinea. The Block A-12 PSC remains subject to ratification by the Government of Equatorial Guinea.

Block A-12 covers a total area of approximately 371 sq km, offshore, Bioko, immediately to the west of the Marathon operated Alba Block. Water depths in Block A-12 are less than 200 metres.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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