ShaMaran Increases Stake in Sarsang Contract

Last Update: 2021-07-14 00:00:00 - Source: Iraq Business News

By John Lee. ShaMaran Petroleum has announced that it has signed an agreement with a subsidiary of French major TotalEnergies S.E. to acquire its affiliate (TEPKRI Sarsang A/S) holding an 18% non-operated participating interest in the Sarsang Production Sharing Contract in the Kurdistan Region of Iraq for an initial consideration of USD 155 million plus […]

The post ShaMaran Increases Stake in Sarsang Contract first appeared on Iraq Business News.