Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/total-transfers-20-interest-and-operatorship-of-kh.shtmlTotal transfers 20% interest and operatorship of Kharyaga to Zarubezhneft
Total and Zarubezhneft have agreed to adjust their participation in the Kharyaga Production Sharing Agreement whereby Total will transfer a 20% interest together with
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Total and Zarubezhneft have agreed to adjust their participation in the Kharyaga Production Sharing Agreement whereby Total will transfer a 20% interest together with operatorship to Zarubezhneft.
Following the completion of the transaction Total will retain a 20% interest in Kharyaga alongside Zarubezhneft (40%, operator), Statoil (30%) and Nenets Oil Company (10%). The transaction is subject to the approval of the Russian authorities.
