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The purchases of stakes in four major European oil companies come during a global oil and gas industry downturn, as demand has slumped…
The Sapakara West-1 well hit gas condensate and oil, boosting confidence in the play located offshore Suriname.
The combined debt of Chevron, Total, BP, Exxon Mobil and Shell stood at $231 billion in 2019, just shy of the $235 billion hit in 2016…
The cuts by Shell and Total mirror recent moves made by other supermajors following a drop in oil prices by more than 60% since…
The regulator said Total decided to return the block due to the results it had obtained to date and must pay a fine of $21.2 million…
New Financings
Bought back 3.1 million shares at approximately US$82.02 each.
Activity Highlights
Total is scheduling oil and gas exploration in offshore Lebanon’s territorial waters in Block 4. The Paris-based company plans to use exploration at Block 4 to test the northward extension of Oligocene and Miocene sandstones (Tamar Sands) found…
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…
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