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Total inks deal to sell 15pct share to Kuwaiti firm
(MENAFN) French giant Total proclaimed that it has inked a deal to sell its remaining 15 percent share in Gina Krog oilfield at Norway to Kuwait Foreign Petroleum firm at a worth of USD317mn.
Moreover, this deal builds on last year transaction between Total and Kufpec concerning Norwegian North Sea assets, which involved a 15 percent stake in Gina Krog.
In addition, Kufpec was established by its parent firm Kuwait Petroleum Corp in 1981 to connect in exploration, development and production of crude oil.
Moreover, this deal builds on last year transaction between Total and Kufpec concerning Norwegian North Sea assets, which involved a 15 percent stake in Gina Krog.
In addition, Kufpec was established by its parent firm Kuwait Petroleum Corp in 1981 to connect in exploration, development and production of crude oil.
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