Total: 20 Year Extension Of Participation In Gasco JV In UAE
April 01 2009 - 8:16AM
Dow Jones News
French oil major Total SA (TOT) said Wednesday it has signed
agreements for a 20-year extension of its 15% participation in the
Abu Dhabi Gas Industries Limited Company Gasco.
Total has a participation alongside the Abu Dhabi National Oil
Company Adnoc, which holds 68%, Shell 15% and Partex, 2%.
The agreements consolidate the commitment of Gasco's
shareholders to the company's safe and efficient operations, as
well as its striving to continuously improve environmental
performance through technical support and technology transfer,
Total said.
Company Web site: www.total.com