Posco International secures oil share in Indonesia's gas block

LR: 3 CP: 3 - Posco International announced Tuesday that it has inked a production sharing contract with the Indonesian government and its state-run oil company Pertamina Hulu Energi, in a move to secure the share of oil produced from the Bunga gas block located off Indonesia's eastern Java island. The signing event was held at Tangerang, Indonesia, earlier on the day with top executives including Posco International CEO and ...

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