Qatar Petroleum is acquiring 40% of the company holding Totalâs existing 25% in the Orinduik (1,835 sq km, Tullow op) + Kanuku (6,530 sq km, Respol op) blocks, deepwater Guyana Basin. Joe-1 has just spudded in Orinduik, Carapa-1 planned later this year in Kanuku:
Qatar Petroleum (QP) has taken a 10% stake in each of the Orinduik and Kanuku blocks, from 40% of Total's stake in each.