French oil major Total SA (TOT) said Monday it has
acquired offshore exploration interests in
South Africa
.
MAIN FACTS:
- Total has completed the acquisition of a 50%
interest in Block 11B/12B from CNR International Ltd, a subsidiary of Canadian
Natural Resources Limited.
- The
asset is located in the
Outeniqua
Basin
,
around 175 kilometers off the southern coast of the country, and covers an area
of 19,000 square kilometers with water depths ranging from 200 to 1,800 meters.