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Article: Ghana : Total, Chevron Stay Clear of Mess Over Ghana s Jubilee Field.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
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Byline: prashant03
Total SA, Europe s third-largest oil producer, and Chevron Corp. said they re not pursuing a stake in Ghana s 1.8 billion-barrel Jubilee field because it s unclear how ownership is divided.
It s already a big mess and we don t intend to increase this messy situation, Jean-Jacques Mosconi, vice president of strategic planning at Total, said yesterday in an interview in Porlamar, Venezuela. Jubilee is an attractive target, but then you have to understand exactly how the rights are split.
Ghana s nascent petroleum industry, still a year away from production of oil for export, has attracted attention from some of the world s top ...