Total signs asset transfer deals with Qatar Petroleum : The Standard

• Reuters 27th Aug 2019 10:25:46 GMT +0300

French oil major Total said it had signed deals to transfer some of its assets in Kenya, Guyana and Namibia to Qatar Petroleum. In Namibia, Total will transfer to Qatar Petroleum a 30 per cent interest in Block 2913B while keeping a 40 per cent interest. Total will also transfer 28.33 per cent in Block 2912 while retaining a 37.78 per cent stake. In Guyana, Qatar Petroleum will have 40 per cent of the company holding Total’s existing 25 per cent interests in the Orinduik and Kanuku blocks. In Kenya, Total and Eni will transfer a combined 25 per cent interest in Blocks L11A, L11B and L12 to Qatar Petroleum.

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