Totalof France has agreed the $2.5bn sale of a minority stake in a Nigerian oilfield to Sinopecof China.
The deal, which is subject to approval from Nigeria’s government, will see the Chinese state-controlled oil group acquire Total’s share of production in the Usan field in deep waters off the Niger Delta.
The transfer of Total’s 20 per cent share in the block will see Sinopec take command of output running at 24,000 barrels of oil per day and boosts the Chinese company’s recoverable reserves by 100m barrels.
您已閱讀36%（513字），剩餘64%（904字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。