Singapore-listed Interra Resources and Citigroup Financial Products have agreed to buy Mitsubishi Corporation’s 5% stake in the Indonesian production sharing contracts (PSC) of Offshore Northwest Java (ONWJ) and South East Sumatra (SES).   Interra and Citigroup will form an equal joint venture to carry out the acquisition, Interra said in a statement. The JV partners…

This article is for Subscriber members only.
Log In Register