Total completes divestment of 86.95% interest in offshore Block CA1 to Shell
Date
April 21, 2020
Type
M&A Transactions
Subtype
Transaction completed
Countries
Brunei
Subsectors
O&G Upstream
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Total has finalized the sale of its 86.95% interest in block CA1 offshore to Shell.
Block CA1 is located about 100 kilometers northwest of the coast of Brunei. The scheme covers an area of more than 5,850 square kilometers in the deepwater areas, with depths ranging from 1,000 to 2,500 meters.
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November 04, 2019
Total divests 86.95% interest in CA1 Deepwater Offshore Block
Total has signed an agreement to sell wholly owned subsidiary Total E&P Deep Offshore Borneo BV — which holds an 86.95% interest in Block CA1, located 100 kilometers off the coast of Brunei...
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