Boosting Hydrocarbon Production in the Republic of Congo: A Strategic Development Plan
The Republic of Congo has recently embarked on a significant step towards increasing its hydrocarbon production capabilities. Through an amended Production Sharing Contract (PSC) with China’s Wing Wah Oil Company, targeting the Banga Kayo block, the Republic of Congo signals a robust plan to optimize its untapped hydrocarbon resources. This revised PSC spearheads the block’s…