Total, CNPC Sign Strategic Cooperation Agreement

France’s Total and China National Petroleum Company (CNPC) on Sunday signed a strategic cooperation agreement in Beijing.

The agreement was signed by Patrick Pouyanné, Chairman and CEO of Total and Wang Yilin, Chairman of CNPC.

“This strategic cooperation agreement reflects our respective commitment to strengthening our partnership and jointly developing new projects,” commented Pouyanné at the signing ceremony. “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.”

In the past ten years, Total and CNPC have formed a number of partnerships involving such major projects as the Sulige gas field in Inner Mongolia, China, Halfaya in Iraq, Yamal LNG in Russia, Kashagan in Kazakhstan and Libra in Brazil.