Tuesday, March 22, 2016

Total, CNPC sign strategic cooperation agreement in Beijing

BEIJING -- Patrick Pouyanné, chairman and CEO of Total, and Wang Yilin, chairman of China National Petroleum Company (CNPC), have signed a strategic cooperation agreement to extend existing collaboration between their respective companies.

In the past ten years, Total and CNPC have formed a number of partnerships involving major projects, such as Sulige gas field in Inner Mongolia, China, Halfaya in Iraq, Yamal LNG in Russia, Kashagan in Kazakhstan and Libra in Brazil. “This strategic cooperation agreement reflects our respective commitment to strengthening our partnership and jointly developing new projects,” Pouyanné said at the signing ceremony in Beijing. “In particular, Total will share with CNPC its expertise in the areas of safety and environment, human resources and social responsibility. The agreement further strengthens the existing partnership to support the international strategy of CNPC’s affiliate PetroChina.”


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