Total Signs Up For Algeria Expansion

French major Total on 7 October announced two deals that cement its commitment to Algeria across the upstream and downstream. As well as signing up to develop a gas field in the east of the country, Total is to help develop a key petchems complex targeting exports to Europe.

Together with state firm Sonatrach Total will develop the Erg Issouane gas field on the TFT Sud permit for tie-in to the facilities of the nearby Tin Fouyé Tabankort (TFT) field. TFT output has been in decline, with Total in June agreeing together with partner Repsol to invest $324mn to drill 11 new wells in a bid to maintain output at 3bcm/y (290mn cfd), which in turn is just half 2013 levels ( MEES, 15 June ).


DON'T HAVE AN ACCOUNT?


NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?

By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.

UPGRADE