Total offloads last Krog equity

摘要

Total has signed an agreement to divest its remaining 15 stake in the Gina Krog field offshore Norway to Kuwait Foreign Petroleum Exploration Company (Kufpec). "This agreement builds on the 2016 transaction between Total and Kufpec concerning Norwegian North Sea assets, which included a 15 interest in Gina Krog. The overall consideration for both deals exceeds US $600m," Total said.