Total decides on three Guinea blocks

摘要

Total must decide by next month whether to commit further to its giant swathe of acreage off Guinea. The company signed a technical evaluation agreement to study 19 deep and ultra deep offshore areas covering approximately 55,000sq km last October. It was given one year to assess the potential of the basin purely on the basis of existing data. It then has the option of selecting three exploration licences from the acreage.