Total will be the operator on two blocks. Block 6406/12(part) and 29/6 & 30/4(parts). The work commitment for block 6406/12 will require Total to acquire new 3D seismic which covers the awarded acreage; make a drill or drop decision within three years; make a DoC or relinquishment decision within five years and submit a PDO or relinquish within six years. There is no work commitment on the other block in which Total acquired operatorship. The other two blocks in which total acquired a stake are 31/3(part) and 6506/11(part).
Total is a leading oil and gas player in Norway. These awards reinforce Total's position in Norway where the Group presently produces close to 400,000 barrels of oil equivalent per day.
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