TOTAL & ZARUBEZHNEFT DEAL
ZARUBEZHNEFT published, Total E&P Russie, a 100% affiliate of Total group, has transferred a 20% participating interest in and the operatorship of the Production Sharing Agreement for the Development and Production of Oil in the Kharyaga Field (Kharyaga PSA) to Zarubezhneft-Production Kharyaga LLC, a subsidiary of Zarubezhneft JSC.
Pursuant to Amendment No. 3 to the Kharyaga PSA signed by representatives of the State and investors, the split of participating interests as of August 1, 2016 is as follows:…
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