Total is keen for a stake in the expansion of Qatar’s world-leading LNG facilities. With existing connections to Doha, and LNG expertize, it looks well placed to succeed. It’s also looking to bid in Abu Dhabi’s debut licencing round – if the geology is right.

Total’s quest for low-cost oil and gas reserves has led it to snap up a number of high profile assets in the Mena region of late. The results have been broadly positive, with the French major’s...