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

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14 April 2010

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

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 ...

Table of contents

Tables and charts

This report includes 6 images and tables including:

  • 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

What's included

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

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