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TotalEnergies sells 18% interest in Iraqi Sarsang oil field

TotalEnergies sells  interest in Iraqi Sarsang oil field
TotalEnergies sells 18% interest in Iraqi Sarsang oil field

2022-09-15 00:00:00 - Source: Iraq News

A sign with the logo of French oil and gas company TotalEnergies is pictured at a petrol station in Nantes, France, June 30, 2022. REUTERS/Stephane Mahe/File Photo

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PARIS, Sept 15 (Reuters) - TotalEnergies has completed the sale of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq for $155 million, the French company said on Thursday.

The stake was sold to ShaMaran Petroleum (SNM.V), a company listed in Canada and Sweden.

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Reporting by Tassilo Hummel; Editing by Benoit Van Overstraeten

Our Standards: The Thomson Reuters Trust Principles.





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