Oleo e Gas Participacoes (OGPar) has extended through 14 March its agreement with sister vessel company OSX for the OSX-1 floating production unit.
"The company remains in negotiations for agreements and is in the process to reauthorise resuming production at the field,' OGPar said in a statement, without elaborating.
The discussion "is still subject to certain preceding conditions, especially the signing of a new agreement providing all the operational and financial conditions between the parties involved."
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