Total explore Guinea’s offshore basins

Total to explore Guinea’s offshore basins

7:27 AM, 11th October 2017
Total logo

PARIS, FRANCE: Total SA and the National Office of Petroleum of Guinea (ONAP) signed a technical evaluation agreement to study deep and ultra-deep offshore areas located off the coast of Guinea Conakry, covering approximately 55,000 square kilometres.

According to the terms of this agreement, Total will have a year to assess the potential of the basin on the basis of existing data. At the end of this period, the group will select three licenses to start an exploration program. As part of the agreement, Total will also train ONAP staff to develop their technical skills in exploration and production.

“By taking this position on a new under-explored area, Total pursues its exploration strategy targeting deep offshore prospective basins,” said Kevin McLachlan, senior vice president exploration for exploration & production, Total.

“Therefore, Total has the opportunity to evaluate a very large area, located in an extension of the prolific Mauritania/Senegal basin where we already are. This will allow us to capitalize on our know-how and experience acquired in West Africa,” said McLachlan.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Songwon commissions second thermoplastic urethanes production line

ULSAN, SOUTH KOREA: Songwon Industrial Co Ltd has commissioned a second thermoplastic urethane (TPU) production line at its plant in Suwon, South Kore ...

Read more
AkzoNobel expands pharma salt production in Mariager, Denmark

AMSTERDAM, NETHERLANDS: AkzoNobel’s speciality chemicals business has completed the expansion of a production site in Denmark which supplies ess ...

Read more
Indorama acquires DuPont Teijin’s film business

BANGKOK, THAILAND: Indorama Netherlands BV (INBV), a subsidiary of Indorama Ventures Public Company Limited (IVL) has signed a definitive share purcha ...

Read more
Air Products extends contract with Barrick Goldstrike

LEHIGH VALLEY, US: Air Products and Chemicals Inc (APD) has signed a contract with Barrick Goldstrike that extends its long-standing agreement to oper ...

Read more
Surge in Global Chemical Output during August

American Chemistry Council: Global chemical production prolongs its economic growth within August, seeing an upsurge in production amid the impact of ...

Read more
CDP: Chemical industries failing to meet Paris Agreement goals

By sustainable brands: In spite of making progress on climate risks, the chemical industry is still failing to accomplish the goals outlined by the Pa ...

Read more