Middle East Economic Survey

VOL. LII

No 37

14-Sep-2009

CASPIAN

Lukoil And Total Considering Joint E&P In Caspian And Other Areas

Vagit Alekperov, President and CEO of Russias Lukoil, announced on 6 September that his company and French supermajor Total were considering joint exploration and production (E&P) operations in a number of areas, including the Caspian Sea, Latin America and Equatorial Africa. Total has been looking to expand its E&P assets offshore Kazakhstan, where it is a...