Total has been awarded 10 new exploration licenses in Brazil’s 11th bidding round. The company will be the operator with a 40% interest in five blocks situated in the Foz do Amazonas Basin (FZA-M-57,... more
Total has become operator of the offshore Xerelete license located in a promising area of Brazil’s Campos Basin. The transfer of operatorship from Petrobras to Total follows a unanimous decision by the... more
Total has acquired a 20% interest from Shell in the BM-S-54 license in the Santos Basin. Shell holds the remaining 80% and retains operatorship. This acquisition is subject to approval by the Brazilian... more
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