TOTCO

AcronymDefinition
TOTCOTechnical Oil Tool Company
References in periodicals archive ?
Esta distingue entre ingresos directos (regalias y dividendos derivados de la participacion en el capital de TOTCO, empresa propietaria del oleoducto), e ingresos indirectos (impuestos sobre el Consorcio, permisos y otras tasas).
14) En TOTCO, el gobierno de] Chad detenta el 15% de las acciones, mientras que el Consorcio posee el 85% restante.
Two special purpose companies, TOTCO and COTCO, joint ventures between the oil consortium and the Governments of Chad and Cameroon, have been established to build and operate the transport component of the project, that includes a 1,070 km oil pipeline from the Doba oil fields to the Cameroon coast near Kribi, three pump stations, one pressure reduction station and an off-shore storage and loading facility.