Total announces the signature by its subsidiary Total Exploration and Production Pakistan of two production sharing contracts with the government of Pakistan. The agreements cover the deep Offshore Blocks G and H around 200 kilometres from the coast in water depths of between 1,700 and 3,400 meters.
Total is the operator of both of these blocks with an interest of 40% in partnership with Petronas (30%), OMV (15%) and the Pakistani companies Marigas (5%) and OGDCL (10%).
The signature of these contracts confirms Total's ambition to continually develop new resources and the company's ability to explore and produce hydrocarbons in technically challenging environments. |