Total has agreed with Repsol to take over the latter's 22.6% stake in the TFT o&g field, Illizi Basin, SE Algeria. The deal is subject to govt approval. The TFT contract expired in 2019 and was replaced by new terms allowing production (currently 80,000 boe/d) for another 25 years. More devt drilling is planned. Resulting partnership will be Sonatrach-Total 51:49.
Algeria, Tin Fouye