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Total: new exploration block in Brazil
(CercleFinance.com) - Total and its partners Qatar Petroleum and Petronas have won the block C-M-541 at the 16th ANP bidding round held in Brazil on Thursday.
This block is located deep offshore from the Campos Campos basin, at a depth of about 3,000 metres under water. Total will be the operator of the block with 40%, alongside Qatar Petroleum (40%) and Petronas (20%). The consortium plans to drill an initial exploration well at the start of 2021. "It is another demonstration of our ability to seize high quality exploration acreage in a key growth area for the Group,” said Patrick Pouyanné, Chairman and CEO of Total," said Patrick Pouyanné, Total's Chairman and CEO. Copyright (c) 2019 CercleFinance.com. All rights reserved. |
19/04/2024 18:06
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