Perenco has agreed to acquire interests in seven mature non-operated fields offshore Gabon, along with interests and operatorship in the Cap Lopez oil terminal from Total’s 58%-owned affiliate Total Gabon for $290-350 million, dependent upon future Brent prices.
Estimated production divested by Total Gabon amounted to 8,000 SEC b/d of oil in 2019.
With the deal, Perenco acquires Total’s 65.275% interest each in Grondin, Gonelle, Barbier, Mandaros, Torpille, and Pageau areas, along with Total’s 37.5% interest in Hylia and its 100% interest in Cap Lopez oil terminal.
Total will retain no interests in the assets following the deal’s close, but continues in Gabon through its operated production clusters at Anguille-Mandji and Torpille-Baudroie-Mérou