Total | Egypt Oil & Gas - Part 12

Tullow Sells Uganda Assets to Total for $900m

UK's Tullow Oil plc announced that it agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for a total consideration of $900m.

Total Eyes 50% Stake in Iran’s South Pars 11

France’s energy giant Total is soliciting permission from US authorities to implement a slew of projects worth several billion dollars in Iran.

Production Starts in Congo’s Moho Nord Offshore Field

Total launched the production from the Moho Nord deep offshore project, located 75 km offshore Pointe-Noire in the Republic of the Congo, The project has production capacity of 100,000 b/d.

Uganda Likely to Produce First Oil by 2020

Uganda has come closer to materializing its plan to produce first oil by 2020.

Iran, Total to Finalize $2b Gas Contract

Iran and French energy giant Total will finalize a $2b gas contract in April, according to Iranian Oil Minister, Bijan Namdar Zanganeh.

El Molla in Talks with Foreign IOCs Delegations

Tarek El Molla met with delegations from several international oil companies, including US-based Halliburton, French Total and the French Institute of Petroleum, to discuss expanding investment scope in Egypt.

ExxonMobil, South Sudan in Talks over Oil Deposit

The US-based ExxonMobil Corporation is in secret talks with Juba to buy a stake in South Sudan’s vast untapped oil deposit, according to a senior-level government source familiar with the negotiations.

Total to Approve New Global Investments

Total intends to make final investment decision on 10 oil and gas production projects in the next 18 months in various countries including Nigeria, Angola.

Total Mulls $2b Investment in Iranian Gas Fields

French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers.

Actemium Awarded Maintenance Contract Offshore Angola

Total Angola has awarded an offshore multidisciplinary maintenance contract to Actemium Angola and Actemium Oil and Gas Maintenance.

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