SPT Energy Group Inc. has announced the signing of an operation cooperation agreement related to a production sharing contract entered into by its Indonesian subsidiary, PT Cipta Niaga Gemilang (CNG), on 25 January 2023. The agreement covers various activities, including transportation, marketing, abandonment, and site restoration operations as authorized or contemplated under the production sharing contract. The company stated that further details of the production sharing contract were previously disclosed in an announcement dated 25 January 2023. The board of directors includes executive, non-executive, and independent non-executive members, with Mr. Ethan Wu serving as Chairman.
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