The logo of French oil giant Total is seen on a flag at La Defense business and financial district in Courbevoie near Paris, France. May 16, 2018. REUTERS/Charles Platiau
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French energy firm Total says it is looking to expand its search for natural gas off Cyprus' south coast and seeks to secure another exploratory drilling license, days after warning it could exit Iran over renewed U.S. sanctions there. Stephane Michel, Total's Middle East exploration chief, said Monday that the company has applied for a license to search for hydrocarbons in Block 8, an area south of Cyprus where Italian Eni is already licensed to carry out exploratory drilling.Total is partners with Eni to search for oil and gas in two other areas off Cyprus. Lakkotrypis said what gives the move added weight is the fact that Total's interest comes three months after Turkish warships blocked a drill ship from carrying out exploratory drilling by Eni in Block 3, southeast of Cyprus.
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