17th May 2020
EP Desk
Qatar Petroleum has signed three farm-in agreements to acquire about 30% of Total SA’s participating interest in Blocks 15, 33, and 34 in Campeche basin, offshore Mexico.
The blocks lie within 30-90 km of Cantarell and KMZ oil fields in water depths of 10-1,100 m. The total area covered by the blocks is about 2,300 sq km.
Each farm-in agreement is subject to customary regulatory and other approvals by Total’s existing partners and the government of Mexico.
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