Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Oil group Total to pay $100 million bonus as part of Apache Suriname deal

    Oil group Total to pay $100 million bonus as part of Apache Suriname deal

    December 24, 2019
    Share
    Facebook Twitter LinkedIn WhatsApp
    Oil group Total to pay $100 million bonus as part of Apache Suriname deal
    The logo of a French oil giant Total is seen at the refinery in Donges, France, December 20, 2019. REUTERS/Stephane Mahe

    Paris — French oil company Total said on Monday that it would pay a bonus of $100 million as part of its previously announced deal with U.S. peer Apache to develop an offshore block off Suriname.

    “Total is pleased with this significant entry in Suriname where Total will become the operator and bring its deepwater expertise. The new license expands our positions in the Guyana-Suriname Basin, a highly favorable petroleum province,” said Arnaud Breuillac, president of exploration & production at Total.

     

    Follow us on twitter

    Related News

    Petroleum Ministry to improve ICPC transparency & accountability rating

    NCDMB commends Heritage Energy on NOGICD Act implementation, reiterates commitment to HCD

    NNPC raises alarm over sabotage campaign targeting leadership, reforms

    E-book
    Resilience Exhibition

    Latest News

    Kosmos Energy and partners achieve commercial operations at GTA LNG project

    June 30, 2025

    TotalEnergies eyes Mozambique LNG project resumption in 2025

    June 30, 2025

    NCDMB pushes “Nigeria First Policy” to curb foreign procurement in oil & gas sector

    June 30, 2025

    Petroleum Ministry to improve ICPC transparency & accountability rating

    June 30, 2025

    Nigeria, Saudi Arabia Customs sign historic cooperation agreement at WCO council session in Brussels

    June 30, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.