Total on the acquisition trail

Total has added to its presence in Mauritania and Senegal with a technical evaluation agreement offshore Guinea covering 55,000km2 of deep and ultra-deep waters. In Namibia, the French major will acquire 70% of Impact Oil & Gas’s interests in Block 2913B, while in South Africa, it will acquire 77.78% of Impact’s interests in the Orange Basin Deep technical cooperation permit (TCP), once an exploration right is granted over the area. Impact will retain the other 22.2%.