Total’s Oman MoU

摘要

France’s Total has signed a Memorandum of Understanding (MoU) with Oman to develop gas resources in Oman. The MoU covers both upstream and downstream businesses. Total and Shell, as operator, will develop several natural gas discoveries located in the Greater Barik Area on onshore Block 6 with respective shares of 25% and 75%, as per the agreement between both companies and before possible state back-in, with the objective of an initial gas production of around 500 MMcf/d and a potential to reach 1 Bcf/d at a later stage, Total said.