Sunday, August 5, 2018
Total Gabon has sold its stake in the Rabi-Kounga field. The company held a 32.9% stake in the field that is located onshore in the southern region of Gabon.
According to reports the stake was purchased by Assala Upstream Gabon for an estimated $100 million.
The disposal of the stake is part of Total’s plans to simplify its portfolio.