Total has signed an agreement to sell its service station network and commercial sales, supply and logistics assets located in Turkey to Demirören for ˆ325 million (around $356 million). The transaction is subject to the customary approvals.
Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for £585 million (around $905 million), subject to the customary approvals.
INPEX CORPORATION (INPEX) announced today it has been commissioned by the Agency of Natural Resources and Energy of the Ministry of Economy, Trade and Industry (METI) of Japan to drill one exploratory well for the agency’s “Heisei 26~28 Domestic Offshore Drilling Program in Japan”. The objective of the drilling project is to determine the presence of hydrocarbon deposits and conduct geological studies.
Total has started production from Dalia Phase 1A, a new development on its deep offshore operated Block 17, located 135 km off the coast of Angola. Dalia Phase 1A will develop additional reserves of 51 million barrels (Mb) and will contribute 30,000 barrels per day (b/d) to the block’s production.
06/19/2015Total sells its interest in the Schwedt Refinery to Rosneft
Total has signed an agreement to sell its 16.67% interest in the Schwedt refinery in northeastern Germany (Brandenburg) to Rosneft, which already holds indirectly an 18.75% stake in the facility. The transaction is valued at $300 million excluding working capital and remains subject to customary approvals.
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