Brief: Total Gabon sells interests and transfers operatorship in several mature fields

TotalEnergies EP Gabon

27/02/2017 07:54

Feb 27 (Reuters) - Total Gabon SA  EGAB.PA : 
    * Refocuses on its principal offshore assets by selling interests and transferring 
operatorship in several mature fields  
    * Signed an agreement with Perenco for the sale of interests in five mature fields and the 
Rabi-Coucal-Cap Lopez pipeline network 
    * Agreement also includes transfer of operatorship on certain other fields 
    * Transaction represents a value of $177 million before adjustments, and is subject to 
approval by authorities 
    * Will divest all of its interests in onshore Coucal, Avocette and Atora Fields and 
Rabi-Coucal-Cap Lopez pipeline network, and partial interest in offshore Hylia field 
    * Will sell all of its interest in onshore non-operated Igongo field 
 
Source text for Eikon:  ID:nBw44mBwja  
Further company coverage:  EGAB.PA  
 
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