Brazil: Total Announces First Oil from Iara
(WorldNews France)

Brazil: Total Announces First Oil from Iara 15 Nov 2019 08:20 CET Company Name TOTAL ISN FR0000120271 Market Euronext Symbol FP Regulatory News: Total (Paris:FP) (LSE:TTA) (NYSE:TOT) Total announce first oil from the Iara license (Block BM-S-11A), located in the deepwater Santos Basin pre-salt. This marks the start-up of the FPSO P-68, the first of the two floating production, storage and offloading units (FPSO) already launched and to be installed on the license. The second, the P-70, is expected to come on stream in 2020. Each unit has a capacity of 150,000 barrels of oil per day. `First oil from Iara is a new milestone for Total in Brazil. It increases our share of production from the...