Is the East Sea gas field signing a formal contract with BP this month?

◇ BP executives to visit Korea at the end of this month to sign the contract
According to a comprehensive report by this publication on the 10th, key BP executives, including Kathy Wu, Head of Asia-Pacific, are scheduled to visit Korea in the last week of this month to sign a contract with the Ministry of Trade, Industry and Energy and Korea National Oil Corporation (KNOC) regarding the exploration of the East Sea deep-sea gas field. Earlier this week, BP working-level staff will arrive in Korea to finalize detailed clauses with KNOC officials. Both parties have been discussing contract terms through video conferences and emails.
BP is expected to take over a portion of the stake in the East Sea exploration project held by KNOC. Along with a share transfer agreement for this purpose, the two companies will sign a joint operating agreement that determines the exploration plan, budget, and cost-sharing. Additionally, the Ministry, KNOC, and BP will enter into a production sharing contract (PSC) that defines the rights and obligations for exploring and developing gas in the relevant waters. The BP working-level staff will finalize the details of these three contracts, after which CEO Kathy Wu will enter the country to sign the documents.
They have to do what needs to be done; I hope it hits the jackpot.