Total News


Total Denied Permit to Drill Amazon Basin

Dec 07, 2018

Brazil environmental regulator Ibama on Friday said it had denied a permit to French oil major Total SA to drill in the environmentally sensitive Foz do Amazonas Basin for a fifth and final time.Ibama said in a statement that it agreed with…

CNPC Replacing Total in South Pars Gas Project

Nov 26, 2018

China’s state-owned CNPC has replaced France’s Total in Iran's multibillion-dollar South Pars gas project, Iranian Oil Minister Bijan Zanganeh said, according to the semi-official news agency ICANA on Sunday.'China's CNPC has officially replaced…

Total Launches $16 Bln Project Offshore Angola

Nov 12, 2018

Africa's second largest crude producer Angola and France's Total officially inaugurated a new deep-sea oil field worth $16 billion in the Atlantic approximately 260 kilometers from the capital Luanda.The Angolan State Minister for Economic and Social Development…

Life Extension for Total's Skirne and Byggve

Oct 30, 2018

Petroleum Safety Authority Norway has greenlighted Total E & P Norge AS (Total) to use Skirne and Byggve off Norway beyond the originally planned operational life to March 2024.Skirne, including the Byggve deposit, is in the central North Sea at 120 meters water depth…

Total Buys Chevron's Interest in Danish Underground Consortium

Sep 25, 2018

French oil and gas major Total said it has agreed to take all of Chevron's share capital in the Danish Underground Consortium (DUC), which will increase its stake in the project and expand its North Sea presence.The acquisition comes a day after…

Total Makes Major Offshore UK Gas Discovery

Sep 24, 2018

French oil and energy group Total said on Monday it had made a major gas discovery on the Glendronach prospect, located off the coast of the Shetland islands in the North Sea.Total said preliminary tests on the new gas discovery confirmed good reservoir quality…

Total, Petrobras finalize Lapa, Iara transfer

Jan 15, 2018

French oil major Total and Brazilian national Petrobras have finalized the US$1.95 billion transfer of interests in the pre-salt Santos Basin from Petrobras to Total. The companies called the move a “decisive milestone” in a strategic alliance…

Total, Sonangol move Zinia 2 forward

Dec 04, 2017

Total and Sonangol have reached an agreement for the second phase of development of the offshore Zinia field, paving the way for a final investment decision for the project. Pazflor FPSO. Photo from Sofec…

Total, Statoil in $1.45bn Martin Linge, Garantiana deal

Nov 27, 2017

French oil major Total is to sell out of its delayed Martin Linge development and the Garantiana discovery offshore Norway, in a US$1.45 billion deal with part-state-owned operator Statoil. Statoil will take Total's 51% stake in Martin Linge…

Total completes Avalon farm-in agreement

Oct 18, 2017

Total subsidiary Total E&P Ireland has completed a farm-in deal with Providence Resources and Sosina Exploration on licensing option (LO) 16/27, containing the Avalon prospect, in the southern Porcupine Basin, offshore Ireland. The deal…

Total, ONAP ink Guinea E&P pact

Oct 09, 2017

Study area, in red. Map from Total. Total and the National Office of Petroleum of Guinea (ONAP) signed a technical evaluation agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry…

Total joins Chevron in GoM exploration

Sep 22, 2017

French oil major Total says it has agreed to capture seven prospects, over 16 Chevron-operated blocks in deepwater Gulf of Mexico (GoM), in a move that analysts say could revitalize Total's GoM portfolio.  Map…

Norway still key for Total

Sep 04, 2017

Norway is still a key country for Total, its CEO Arnaud Breuillac has said after confirming the sale of company's remaining 15% stake in the Gina Krog field to Kuwait Foreign Petroleum Exploration Company (KUFPEC). Total had in 2016 agreed a deal with KUFPEC…

Total in $7.45 billion Maersk Oil acquisition

Aug 21, 2017

French oil major Total has agreed to buy Maersk Oil from its parent company A.P. Møller – Mærsk in a US$7.45 billion share and debt deal which could help it make $400 million in 'synergies' a year. Total will gain about 1 billion boe of 2P/2C reserves…

Total inks deepwater Mauritania deal

May 12, 2017

Total has signed up to explore another deepwater block offshore Mauritania that the French giant says is in a high-potential zone. Image from Total. Total inked an exploration…

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