Total has been awarded exploration licenses on 3 Blocks in offshore Mexico
OREANDA-NEWS. Total has been awarded exploration licenses on 3 Blocks in offshore Mexico, following the country’s first competitive deep water bid round.
Total will be operator of Block 2 in the Perdido basin with a 50% interest, while ExxonMobil has the remaining 50%. The block covers a surface area of 2,977 square kilometers at water depths ranging from 2,300 to 3,600 meters.
In the Salina basin, Total has won a participating interest of 33.3%, alongside Statoil (33.4%) and BP (33.3%), in Blocks 1 (2,381 km?) and 3 (3,287 km?).
“With our successful bids in these promising deep water prospects, Total has seized the opportunity to benefit from Mexico’s energy reforms. Our winning bids add high-grade exploration potential to our portfolio,” said Arnaud Breuillac, President Exploration & Production at Total. “We now look forward to launching exploration works and expanding our cooperation with Mexico together with our partners.”
Total is a global integrated energy producer and provider, a leading international oil and gas company, and the world’s second-ranked solar energy operator with SunPower. Our 96,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits. total.com