United Kingdom

Inpex and partners agree to extension of concession offshore d. R. Congo Block

Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Inpex Corp <1605.T>:Says it and its partners Muanda International Oil Company Ltd. (MIOC) and Chevron have reached an agreement with the government of the Democratic Republic of the Congo to extend the duration of the concession agreement for the Offshore D.R. Congo Block (the Block) for a period of 20 years from November 21, 2023 to November 21, 2043.INPEX is engaged in the development and production of oil from the Block through its subsidiary, Teikoku Oil (D.R.Congo) Co, Ltd..