Total sells its interest in the Martin Linge field to Statoil

Paris, 27 November 2017, Total has agreed to sell all of its interests in the Martin Linge field (51%) and Garantiana discovery (40%) on the Norwegian Continental Shelf to Statoil. The consideration for the transaction is $1.45 billion with an effective date of January 1st, 2017.  The transaction remains subject to final due diligence and approval from the relevant authorities.

Read the full press release on the Total Group web site:

• Norway: Total sells its interest in the Martin Linge field to Statoil