The French major is letting the Borgsten Dolphin, which is working for it off the UK, go some 16 months ahead of schedule.

Oslo-listed FOE said on Friday that Total will pay an early termination fee of $22.1 million to end its contract with the unit on 1 October.

It had been due to work with the Paris-based oil giant until 31 January 2018, but will not most likely head for cold stacking.

The