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Friday, 29 August, 2008, 17:40 GMT | more prices >>

Qatar Petroleum takes Taoudenni bite



By Upstream staff 

French giant Total has sold a 20% stake in the Taoudenni Ta7 and Ta8 permits in Mauritania to Qatar Petroleum.

Total will retain operatorship of the permits with a 60% stake.

Financial details fo the move were not made public.

The deal is subject to approval by the Mauritanian Ministry of Oil & Mines.

Alergian state-run player Sonatrach recently took a 20% slice of the permits.


Tuesday, 08 April, 2008, 10:51 GMT  | last updated: Tuesday, 08 April, 2008, 10:51 GMT

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