Total has agreed to purchase from Chevron the share capital of Chevron Denmark Inc., itself holding a 12% stake in the Danish Underground Consortium (DUC), 12% in Licence 8/06, and 7.5% in the Tyra West pipeline. The deal is subject to approvals from partners and the relevant authorities. Through this, Total will boost its stake in DUC from 31.2% to 43.2%.
Denmark (Tail End Graben (Central Graben)) Tyra