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The 27 high-impact discoveries made by wells drilled last year collectively pushed discovered commercial volumes to a level not seen…
Angola, Africa's second-biggest oil exporter, is working to reform its oil industry and broader economy to arrest a drop in production…
Results from the Maka Central discovery prove “significant potential” for the entire 1.4 million acres that comprise Block 58 offshore…
Nigeria signed a major gas expansion deal on Dec. 27, a much-needed collaboration with oil majors that Nigeria LNG said would boost…
Apache Corp. and Total S.A. said Dec. 22 they are entering into a joint venture agreement to explore and develop Block 58 offshore…
New Financings
Bought back 3.1 million shares at approximately US$82.02 each.
Activity Highlights
An offshore exploratory test is planned in the Lebanese sector of the Mediterranean Sea in Block 4. According to Paris-based Total SA, Block 4 is a less prospective block than Block 9, but the company plans to use exploration at Block 4 to test…
Paris-based Total announced a gas condensate discovery in offshore South Africa’s Block 11B/12B in the Outeniqua Basin. The #1-Brulpadda well encountered 57 m of net gas condensate pay in Lower Cretaceous reservoirs. The Brulpadda-deep prospect…
United Kingdom
A gas discovery was reported by Paris-based Total on the offshore Glendronach Prospect in its West of Shetland area of the North Sea. The #1-Glendronach was drilled to 4,312 m and encountered a 42-m gas column of net pay in a high-quality Lower…
Paris-based Total applied to the French Guiana government to drill an exploration well in offshore waters in 2019. The planned drillsite is approximately 150 km offshore. Total's French Guiana Maritime permit extends over more than 24,000 sq…
A consortium including Total, Eni and Novatek have received approval for drilling in Blocks 4 and 9 in the Lebanese sector of the Mediterranean Sea. Block 9 lies in an area disputed with Israel, but there are no plans to drill in that area. The…
Transactions
Apache, Total Form Offshore Suriname Joint Venture; Total To Become Future Operator
Apache, Total Form Offshore Suriname Joint Venture; Total To Become Future Operator
Total Takes On Toshiba's US LNG Business After Chinese Buyer Pulls Out
Total Takes On Toshiba's US LNG Business After Chinese Buyer Pulls Out
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale