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Bharat Vasandani Madhavan N. & Hari... Urvish Dave

Market & Company Research Store > Details

Year: 2012

Contents: 7 pages

Country: Iraq

Sector: Exploration and Production (Energy)
Total Acquires 35% Interest in Harir and Safen Blocks in Iraq from Marathon Oil- Total Expands in the Middle East as Part of its Oil and Gas Portfolio Optimization – Deal Analysis from GlobalData

Summary

Total S.A (Total) acquired a 35% working interest in the Harir and Safen blocks in the Kurdistan Region of Iraq from Marathon Oil KDV B.V., a subsidiary of the Marathon Oil Corporation (Marathon).

Scope

- Rationale behind Total's Plan of acquiring stake in Harir and Safen Blocks in Iraq
- Rationale behind Marathon divesting stake in the blocks
- Geography Covered- Iraq

Reasons to buy

- Develop a sound understanding of Total's investment around the World
- Rationale behind acquisition of Harir and Safen Blocks in Iraq by Total
- Rationale behind companies investing in the Kurdistan region of Iraq
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