Total divests non-core UK North Sea assets

TOTAL is selling off its non-core assets in the North Sea to Oman-based Petrogas, for an overall consideration of US$635 million (A$918 million).

Total divests non-core UK North Sea assets Total divests non-core UK North Sea assets Total divests non-core UK North Sea assets Total divests non-core UK North Sea assets Total divests non-core UK North Sea assets

 

The divestiture will see Total offload its 100% interests in the Dumbarton, Balloch, Lochranza, and Drumtochty offshore fields, as well as its interests in six other fields.

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