Mobil Signs PSA With Turkmenistan For Onshore Garashsyzlyk Oil Field
Mobil Corp. of the US announced on 10 July the signing of a production sharingagreement (PSA) with the Government of Turkmenistan covering the Garashsyzlyk(Independence) concession an area of approximately 4,500 sq. kms. area within what waspreviously called Zone 1 onshore in western Turkmenistan. The agreement makes Mobil thefirst US oil company to sign a PSA with Turkmenistan and follows the...