Total enters prolific Guyana Basin. Buys two offshore blocks

total

The oil company said on Monday it signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block.

These agreements come after entering into an option agreement for the nearby Orinduik Block. Subject to the approval of relevant authorities, Total will thus own exploration rights to an area covering over 12,000 square kilometers in the Guyana Basin.

Read more

Leave a comment

Blog at WordPress.com.

Up ↑