Thursday, 10 May 2007

Total takes stakes in 2 Angolan offshore blocks

(Reuters) - French oil major Total said on Thursday that it had finalised the acquisition of interests in two exploration blocks in the deep offshore Angola.

Total said in a statement that it had agreed to take a 30 percent interest in the Block 17/06, alongside Sociedade Nacional de Combustiveis de Angola (Sonangol), which holds 30 percent, and SSI Seventeen, 27.5 percent.


Read more at Reuters Africa

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