WSJ: Total Looking At UK Shale Gas Opportunities - CEO
France's Total SA is looking at shale gas opportunities in Britain, Chief Executive Christophe de Margerie said Tuesday in the first strong sign of interest from an oil major in the U.K.'s nascent industry.
Mr. de Margerie said the company is in talks to take a stake in a project in the U.K. and is also considering bidding in next year's onshore licensing round.
He declined to say which company or companies are involved in the talks with Total, which would be the first oil major to enter the U.K. industry.
His comments come as IGas Energy PLC prepares to drill an exploration well in the Bowland shale in northwest England during the current quarter. MORE
You can now also follow Natural Gas World directly in your phone or tablet via google newsstand. Click
For more news, analysis or opinion click below:
Natural Gas Europe welcomes all viewpoints. Should you wish to provide an alternative perspective on the above article, please contact email@example.com
Kindly note that for external submissions we only lightly edit content for grammar and do not edit externally contributed content.