Shell has reportedly signified of its intention to withdraw from CNH-R02-L01-A15.CS/2017 (block 15), 976 sq km in the Sureste Basin offshore, which it shares with optr Total 60:40. Qatar Petroleum has only recently announced its acquisition of interests from Total (DEA 7 May '20), which would have led to Total (op) 42%, Shell 40%, QP 18%. The latest news would lead to a 50:50 between Total + QP. All moves are pending govt approvals.
Shell has reportedly signified of its intention to withdraw from CNH-R02-L01-A15.CS/2017 (block 15), 976 sq km in the Sureste Basin offshore, which it shares with optr Total 60:40. Qatar Petroleum has only recently announced its acquisition of interests from Total (DEA 7 May '20), which would have led to Total (op) 42%, Shell 40%, QP 18%. The latest news would lead to a 50:50 between Total + QP