Production sharing contracts were first developed in Indonesia in 1966 to give the host government more control over their resources. A Production Sharing Agreement is used when there are already one or more units on some or all the acreage.The acronym PSA stands for both: Production Sharing Agreement and Purchase and Sale Agreement. DEFINITIONS: The following terms shall have the meanings set forth below: 1.1. The Department of Health provides programs and services that benefit the health, safety, and well-being of all Pennsylvanians. Mosaic Announces Closing of Share Purchase and Subscription Agreement with Ma'aden. News provided by. ACCESSWIRE. Karlsson won't finish his contract (which lasts through 202627) in Pittsburgh, but he'll spend of all 2025 in the Steel City. I want complete freedom. "He and Rosalynn were among my first and most inspiring role models in global health.