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Pertamina nears signing of PSC for Rokan field
Pertamina is poised to sign a production sharing contract for the Rokan oil field by the end of January. In July, Indonesia’s oil ministry announced that the state-controlled company would take over operatorship of the asset from Chevron in 2021, when the latter’s contract expires.Indonesia’s second-largest oil field, Rokan encompasses 6,000 sq km on the island of Sumatra and holds 96 oil fields. Chevron failed to secure a contract extension beyond 2021 after its......
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