Total buys 50% interest in Kazakhstan oil field
By BFN News | 03:45 PM | Wednesday 17 March, 2010
Energy firm Total has bought a 50% stake in an oil field licence in Kazakhstan. The stake was held by OilTechnoGroup, part of Polish firm Petrolinvest. Total said the acquisition would allow the group to deploy its deep drilling experience in a region with promising potential. The licence covers an area of 5,500 square kilometres. Story provided by Business Financial Newswire
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