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Total SA (TOTF.PA)

TOTF.PA on Paris Stock Exchange

53.55EUR
14 Aug 2018
Change (% chg)

€-0.54 (-1.00%)
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€54.09
Open
€54.02
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€54.15
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€53.55
Volume
4,891,295
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5,820,293
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€56.27
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€42.28

Latest Key Developments (Source: Significant Developments)

Aker BP buys Total E&P Norge's portfolio of 11 licences for $205 mln
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Aker BP Asa ::AKER BP ACQUIRES LICENCE PORTFOLIO FROM TOTAL.AKER BP HAS ENTERED INTO AN AGREEMENT WITH TOTAL E&P NORGE TO ACQUIRE ITS INTERESTS IN A PORTFOLIO OF 11 LICENCES ON NORWEGIAN CONTINENTAL SHELF FOR A CASH CONSIDERATION OF USD 205 MILLION.PORTFOLIO INCLUDES FOUR DISCOVERIES WITH NET RECOVERABLE RESOURCES OF 83 MILLION BARRELS OIL EQUIVALENTS ("MMBOE"), BASED ON ESTIMATES FROM NORWEGIAN PETROLEUM DIRECTORATE.TWO OF DISCOVERIES, TRELL AND TRINE, ARE LOCATED NEAR AKER BP-OPERATED ALVHEIM FIELD AND ARE EXPECTED TO BE PRODUCED THROUGH ALVHEIM FPSO.ALVE NORD DISCOVERY IS LOCATED NORTH OF AKER BP-OPERATED SKARV FIELD, AND CAN BE PRODUCED THROUGH SKARV FPSO.RIND DISCOVERY IS PART OF NOAKA AREA WHERE TOTAL RECOVERABLE RESOURCES ARE ESTIMATED TO MORE THAN 500 MMBOE, AND WHERE AKER BP IS WORKING TOWARDS A NEW AREA DEVELOPMENT.SAYS THESE NEW RESOURCES WILL FURTHER STRENGTHEN AKER BP'S LONG-TERM PRODUCTION PROFILE AND CONTRIBUTE POSITIVELY TO FUTURE EARNINGS.  Full Article

Total's CFO says start-up of Angola's Kaombo North a matter of days
Thursday, 26 Jul 2018 

July 26 (Reuters) - Total SA ::TOTAL CHIEF FINANCIAL OFFICER PATRICK DE LA CHEVARDIERE SAYS START-UP OF KAOMBO OIL PROJECT IN ANGOLA IS A "MATTER OF DAYS"..SAYS ICHTHYS IN AUSTRALIA AND TAMPA ROSSA START-UP IMMINENT, ALL WILL CONTRIBUTE TO KEEP IMPRESSIVE PRODUCTION GROWTH THIS YEAR AND NEXT YEAR..CFO SAYS YEMEN LNG PROJECT IS COCOONED DUE TO SECURITY REASONS, NOT EXPECTING IT TO START AGAIN SOON..  Full Article

Total CFO says oil production growth momentum strong
Thursday, 26 Jul 2018 

July 26 (Reuters) - Total SA ::TOTAL CHIEF FINANCIAL OFFICER PATRICK DE LA CHEVARDIERE SAYS NEXT YEAR OIL PRODUCTION GROWTH WILL BE DRIVEN BY RAMP-UPS AND NEW START-UPS.HE SAID MOMENTUM IS STRONG AFTER THE COMPANY REPORTED A NEW QUARTERLY RECORD PRODUCTION AND RAISED OUTPUT TARGET FOR THE YEAR TO 7 PERCENT..GROWTH TO COME FROM NEW START-UPS SUCH AS KAOMBO IN ANGOLA, EGINA IN NIGERIA AND ICHTHYS IN AUSTRALIA, WHILE RAMPING UP OUTPUT FROM CURRENT FIELDS .CFO DE LA CHEVARDIERE SAYS BOUGHT BACK 28 MILLION SHARES IN THE FIRST HALF OF THE YEAR AS PART OF ITS SHARES BUY BACK PROGRAMME TO REWARD SHAREHOLDERS. .  Full Article

Total Closes The Acquisition Of Engie’S Upstream LNG Business
Friday, 13 Jul 2018 

July 13 (Reuters) - TOTAL SA ::TOTAL CLOSES THE ACQUISITION OF ENGIE’S UPSTREAM LNG BUSINESS AND BECOMES WORLD #2 LNG PLAYER.  Full Article

Oil major Total buys French start-up company WayKonect
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Total SA ::* Buys start-up firm WayKonect.* Founded in 2013, WayKonect deals in managing cars and vehicle fleets.  Full Article

Total Plans To Increase Its Electricity Production Capacities In France And In Europe-CEO
Thursday, 5 Jul 2018 

July 5 (Reuters) - Total SA ::TOTAL PLANS TO INCREASE ITS ELECTRICITY PRODUCTION CAPACITIES IN FRANCE AND IN EUROPE, CEO PATRICK POUYANNE SAYS. .  Full Article

TechnipFMC awarded a subsea contract for the Total Zinia 2 Field
Monday, 2 Jul 2018 

July 2 (Reuters) - TechnipFMC PLC , FTI.PA::* TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 meters..* TechnipFMC adds that this inbound order was included in the company's second quarter results.  Full Article

Subsea 7 wins "substantial" Angola oil contract from Total
Thursday, 28 Jun 2018 

June 28 (Reuters) - Subsea 7 SA ::ANNOUNCED AWARD OF A SUBSTANTIAL CONTRACT BY TOTAL <<>> FOR ENGINEERING, PROCUREMENT, INSTALLATION AND COMMISSIONING OF SUBSEA FLOWLINES AND UMBILICALS FOR ZINIA PHASE 2 PROJECT.SUBSEA 7 DEFINES A SUBSTANTIAL CONTRACT AS BEING BETWEEN USD 150 MILLION AND USD 300 MILLION.CONTRACT SCOPE INCLUDES TIE-BACK DEVELOPMENT OF TWO RESERVOIRS TO EXISTING PAZFLOR FPSO IN BLOCK 17.  Full Article

Total Russia Total Expands Partnership With Novatek
Friday, 25 May 2018 

May 25 (Reuters) - TOTAL SA TOTF.PA::REG-TOTAL RUSSIA: TOTAL EXPANDS PARTNERSHIP WITH NOVATEK THROUGH ARCTIC LNG 2 PROJECT.TOTAL SHALL ACQUIRE A DIRECT WORKING INTEREST OF 10% IN ARCTIC LNG 2.GROUP'S OVERALL ECONOMIC INTEREST IN THIS NEW LNG PROJECT WILL BE APPROXIMATELY 21.5%.TO HAVE OPPORTUNITY TO ACQUIRE 10% TO 15% DIRECT INTEREST IN NOVATEK'S FUTURE LNG PROJECTS IN YAMAL AND GYDAN.FINAL INVESTMENT DECISION IS EXPECTED IN 2019, WITH PLANS TO START UP FIRST TRAIN BY END 2023.SHOULD NOVATEK DECIDE TO REDUCE ITS PARTICIPATION BELOW 60%, TOTAL WILL HAVE POSSIBILITY TO INCREASE ITS DIRECT SHARE UP TO 15%..  Full Article

Total's CEO says received no objections from Libya before Waha deal closed
Thursday, 26 Apr 2018 

April 26 (Reuters) - Total's ::CEO POUYANNE SAYS PERMANENT TALKS OPEN WITH LIBYAN AUTHORITIES, BUT WAHA DEAL WITH MARATHON <<>> IS CLOSED..CEO POUYANNE SAYS INFORMED LIBYAN AUTHORITIES IN ADVANCE BEFORE WAHA DEAL WAS SETTLED WITH MARATHON..CEO POUYANNE SAYS FROM LEGAL POINT OF VIEW, THERE IS NO REQUEST FOR A FORMAL APPROVAL FROM AUTHORITIES, SAYS THERE WERE NO OBJECTIONS BEFORE DEAL WAS CLOSED..CEO POUYANNE SAYS WILL BE ACTIVE ON THE SALE SIDE, HAS SOME ASSETS WHICH ARE BEING MARKETED TODAY WITHOUT TOO MUCH NOISE.  Full Article

Workers at Total's North Sea oil rigs to meet company, set new strike dates

LONDON, Aug 14 Workers at three of French oil company Total's North Sea oil platforms will meet the company on Thursday for further negotiations over working conditions and are considering strike action on six different dates in August, September and October, union Unite said in a statement on Tuesday.