French oil group Total SA will invest $200 million in 2012 drilling an oil block in a Joint Development Zone (JDZ) between Sao Tome and Nigeria, a Total executive said on Thursday. Francois Le Cocq, speaking after a meeting of the three partners in Sao Tome, told a news conference that drilling is scheduled to begin in the first quarter of next year.
[Read more on Businessday Nigeria]
Added: over 1 year ago (December 02, 2011 @ 04:08AM)
Source: Businessday Nigeria