By OGJ editors
HOUSTON, June 30 -- Total has acquired a 36% interest in the 1,821-sq-km Block 72 production-sharing agreement in the southern Masila basin of Yemen and said an exploratory well is planned in the fourth quarter.
DNO Yemen AS operates the block. Other partners are TG Holdings Yemen Inc., Ansan Wikfs (Hadramaut) Ltd., and The Yemen Co. Total didn’t report terms of the acquisition.
Block 72 abuts the southern border of Block 71, in which Total acquired a 40% interest in 2007. It’s 150 km north of Bahlaf, site of the 6.7 million-tonne/year Yemen LNG liquefaction plant. Total holds a 39.62% in Yemen LNG.
Total operates East Shabwa Block 10, which abuts Block 71 to the east and holds interests in Marib region blocks—one of which, Block 18, produces gas piped to the LNG plant—to the west.
