TotalEnergies sells Iraqi oil field stake

The French oil company divests roughly a fifth of its holding in Iraqi oil field Sarsang.

BY MATHIAS JULIUS FALKENGAARD, TRANSLATED BY DANIEL FRANK CHRISTENSEN

TotalEnergies is selling an 18% stake in conventional oil field Sansang, located in the Kurdistan region of Iraq, to Petroleum Corp., a company listed in both Canada and Sweden mainly engaged in oil exploration and development in the Kurdistan region, TotalEnergies informs in statement Thursday.

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