Total Nears Exploration Rights Deal in Kurdistan, Times Says

Total SA (FP), France’s largest oil and gas producer, is close to securing exploration rights over several oil and gas blocks in Kurdistan, northern Iraq, the Sunday Times said, citing unidentified industry insiders.

A deal could be announced within weeks, according to the newspaper. Chevron Corp. (CVX) and ConocoPhillips are also vying for rights in the semi-autonomous region, the newspaper reported.

To contact the reporter on this story: Anne-Sylvaine Chassany in London at achassany@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

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