Total Wins Australia Permits

Total has obtained a 40 percent interest in three exploration wells north-east of Ichthys, off Australia's north-west coast.

The three blocks are located 200km offshore, in water depths up to 250m.

The acquisition awaits approval by the Australian authorities.

Total now has interests in 15 permits on Australia's North West Shelf, an area known for its rich gas reserves.

By Ahsanul Islam