Total acquires exploration interests offshore South Africa
PARIS -- Total said it has acquired offshore exploration interests in South Africa.
Total has completed the acquisition of a 50% interest in Block 11B/12B from CNR International, a subsidiary of Canadian Natural Resources Limited.
The asset is located in the Outeniqua basin, around 175 km off the southern coast of the country, and covers an area of 19,000 sq km with water depths ranging from 200 to 1,800 m.
Dow Jones Newswires