Eric Watkins
Senior Correspondent
LOS ANGELES, Aug. 30 -- A South Korean consortium will sign a production-sharing agreement in September covering the OPL 321 and OPL 323 areas off Nigeria.
South Korea's Ministry of Commerce, Industry, and Energy said the consortium, led by state-owned Korea National Oil Corp. (KNOC), will hold 65% interest. The remainder will be shared by India's Oil & Natural Gas Corp. Ltd. and a Nigerian oil company.
Contact Eric Watkins at [email protected].
