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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Total Farms-In with Petronas Offshore Mozambique

Total SA Petronas
AnnouncedSep 24, 2012
TypeFarm-In/Farm Out
Announced Date
September 24,2012
Close Date
September 24,2012
Transaction Type
Farm-In/Farm Out




Snapshot
Asset/Basin:
{"Rovuma Basin"}
Location
Region
Africa - East Africa

Country
Mozambique


Transaction Details:  Subscribe to see

Total announces the signature of a farm-in agreement with the Malaysian state-owned company, Petronas, for the acquisition of a 40% interest in the Production Sharing Contract covering the offshore blocks area 3 and area 6 located in the prolific Rovuma Basin. Petronas will retain the operator ship. The two blocks cover an area of 15,250 square kilometers with water depths ranging up to 2,500 meters. An exploration well is planned by year-end.

Jacques Marraud des Grottes, Senior Vice President, Exploration & Production, Africa., said, “After Kenya and Uganda, Total is entering into the…

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