Total resigns from operator role in the Foz do Amazonas Basin

Source: press release, 7 September 2020

photo: Total
photo: Total

Total has announced that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks, located in the Foz do Amazonas Basin, 120 kilometres offshore Brazil. These exploration blocks are referenced as FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127.

Total has informed the National Agency of Petroleum, Natural Gas and Biofuels (ANP) of this decision, that opens a 6-month period, during which a new operator will be appointed and to whom the operated activities will be handed over. During this period, Total has the duty to continue monitoring all regulatory processes on behalf of its partners Petrobras and BP.