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Industry News Archive |
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2007
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Industry Moves Archive: Sep to Oct 2007 |
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| Total Sells Its Interest in Milford Haven Refinery | 03/09/2007 |
Total reaches agreement to sell its 70% interest in the Milford Haven refinery in Wales to its partner Murco Petroleum. Upon completion of the transaction, Murco will be the sole owner of the 5.3-million-ton-per-year facility and the sole employer of the refinery workforce. The transaction is expected to be finalised by the end of the year.  |
| Gas Condensate Discovery West Of Shetland | 04/09/2007 |
Total announces significant new gas condensate discovery in block 205/5a in approximately 610 metres of water, some 100 kilometres North West of the Sullom Voe Terminal on the Shetland Islands. Total, with a 47.5% interest, is the operator of this block awarded end 2004, alongside partners Eni UK Limited (22.5%), DONG E&P (UK) Limited (20.0%) and Chevron North Sea Limited (10.0%).  |
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