Total Agrees to its Oil Agreements Being Converted into EPSA IV Contracts

摘要

Following in the footsteps of Eni, Repsol YPF, Occidental Petroleum and Petro-Canada, another foreign operator, Total, has agreed to have its oil agreements converted into EPSA IV-type production-sharing contracts, signifying that the Libyan state will receive a higher share of the revenues generated by the French company.