By Olivia Bugault

 

Total SA (FP.FR) said Thursday that it has won an offshore block with its partners Qatar Petroleum and Petroliam Nasional Bhd.

Both the French oil-and-gas company and Qatar Petroleum have a 40% interest in the C-M-541 deep offshore block located in Brazil, while Petronas holds the remaining 20%, Total said.

The consortium plans to drill a first exploration well in 2021, Total said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

October 10, 2019 12:22 ET (16:22 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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