French oil major Total signs asset transfer deals with Qatar Petroleum

French oil major Total said it had signed deals to transfer some of its assets in Kenya, Guyana and Namibia to Qatar Petroleum.

In Namibia, Total will transfer to Qatar Petroleum a 30 per cent interest in Block 2913B while keeping a 40 per cent interest. Total will also transfer 28.33 per cent in Block 2912 while retaining a 37.78 per cent stake.