French oil giant TotalEnergies TTEF.PA on Monday said it had reached a deal with Suriname on how to share production at two planned offshore blocks in the Latin American country.
TotalEnergies will operate the two blocks 6 and 8, with a 40% interest, alongside Qatarenergy (20%) and Paradise Oil Company (POC), a subsidiary of Staatsolie (40%), the French company said in a statement.
Source: Reuters (Reporting by Tassilo Hummel; Editing by Sudip Kar-Gupta)