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Total acquires additional stake in Laggan and Tormore from Eni and Chevron

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Report summary

In March 2010, at the same time as it announced the start of field development, Total revealed the acquisition of an incremental 30% stake in the Laggan and Tormore development from Eni (20%) and Chevron (10%) for an undisclosed amount, taking its total interest in the project to 80%.Laggan and Tormore will be the first gas fields in the West of Shetlands to be developed. As part of the project, a new gas export route will be installed. Two new multiphase, 140 kilometre-long gas and ...

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    Total acquires additional stake in Laggan and Tormore from Eni and Chevron

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This report includes 6 images and tables including:

Tables

  • Executive summary: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Upstream assets: Table 1

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