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Total SA (TOTF.PA)

TOTF.PA on Paris Stock Exchange

46.51EUR
15 Dec 2017
Change (% chg)

€-0.69 (-1.47%)
Prev Close
€47.21
Open
€47.17
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€47.29
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€46.51
Volume
16,742,363
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5,108,769
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€49.50
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€42.22

Latest Key Developments (Source: Significant Developments)

Total Port Arthur, Texas Refinery Reports SRU Emissions
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Total SA ::TOTAL PORT ARTHUR, TEXAS, REFINERY REPORTS A BLOCKED VALVE CAUSED NAPHTHA HYDROCARBON CARRYOVER TO THE FUEL GAS TREATER AND RESULTED IN ELEVATED EMISSION AT UNITS 819 AND 870.TOTAL PORT ARTHUR, TEXAS, REFINERY REPORTS EMISSIONS FROM SULFUR RECOVERY UNIT 1 AND 3 TAIL GAS THERMAL OXIDIZER, SULFUR RECOVERY UNIT 4 INCINERATOR, UNIT 819.  Full Article

Maersk to invest 21 bln DKK in redeveloping Tyra gas field in the North Sea
Friday, 1 Dec 2017 

Dec 1 (Reuters) - MAERSK OIL MAERSKB.CO SAYS::ANNOUNCES LARGEST EVER OIL AND GAS INVESTMENT IN THE DANISH NORTH SEA WITH TYRA REDEVELOPMENT SANCTION.SAYS THE INVESTMENT COST FOR THE MODIFICATION TO EXISTING FACILITIES AND CONSTRUCTION OF NEW FACILITIES (CAPEX) IS ESTIMATED AT APPROX. 17BN DKK.SAYS COST IN RELATION TO REMOVAL AND DECOMMISSIONING OF CURRENT FACILITIES (ABEX) IS ESTIMATED AT APPROX. 4BN DKK.SAYS INVESTMENT ENABLES TYRA TO CONTINUE OPERATIONS FOR AT LEAST 25 YEARS.SAYS THE REDEVELOPED TYRA IS EXPECTED TO DELIVER APPROXIMATELY 60.000 BARRELS OF OIL EQUIVALENT PER DAY AT PEAK.SAYS THE REDEVELOPED TYRA GAS FIELD WILL PROVIDE ENOUGH GAS TO SUPPLY 1.5 MILLION DANISH HOMES.  Full Article

Total Says ‍Inaugurated New Units At Antwerp Integrated Refining & Petrochemicals Platform​
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - TOTAL SA ::TOTAL SA - ‍INAUGURATED NEW UNITS AT ITS ANTWERP INTEGRATED REFINING & PETROCHEMICALS PLATFORM​.  Full Article

European Commission Approves Total's Acquisition Of Maersk Oil
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - EUROPEAN COMMISSION SAYS IN A STATEMENT::APPROVES TOTAL'S <<>> ACQUISITION OF MAERSK OIL MAERSKB.CO.  Full Article

Statoil to buy Martin Linge, Garantiana stakes from Total in $1.45 bln deal
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Statoil Asa ::STATOIL: STATOIL TAKES OVER OPERATORSHIPS AND EQUITY IN THE MARTIN LINGE FIELD AND GARANTIANA.‍MARTIN LINGE IS AN OIL AND GAS FIELD UNDER DEVELOPMENT WEST OF OSEBERG FIELD IN NORTH SEA​.‍STATOIL AND TOTAL HAVE AGREED ON A TRANSACTION WHEREBY STATOIL WILL ACQUIRE TOTAL'S EQUITY STAKES IN MARTIN LINGE FIELD (51%) AND GARANTIANA DISCOVERY (40%) ON NORWEGIAN CONTINENTAL SHELF​.‍STATOIL WILL TAKE OVER BOTH OPERATORSHIPS AND PAY TOTAL A CONSIDERATION OF USD 1.45 BILLION​.‍AS A RESULT OF TRANSACTION, STATOIL WILL ALSO RECEIVE REMAINING TAX BALANCES WITH A NOMINAL POST-TAX VALUE OF MORE THAN USD 1 BILLION​.‍TRANSACTION ADDS COMPETITIVE GROWTH ASSETS TO OUR PORTFOLIO ON NORWEGIAN CONTINENTAL SHELF​.‍MARTIN LINGE PROJECT FEATURES INNOVATIVE SOLUTIONS TO ENHANCE SAFETY, CAPTURE VALUE AND REDUCE EMISSIONS, IN LINE WITH OUR STRATEGY​.‍BY LEVERAGING STATOIL'S OPERATIONAL EXPERIENCE AND EXISTING CONTRACTS, WE CAN REALISE ADDITIONAL OPPORTUNITIES AND SYNERGIES FROM THESE ASSETS​.‍EXPECTED PRODUCTION LIFETIME EXTENDS INTO 2030S​.‍CURRENT OPERATOR EXPECTS START OF PRODUCTION IN FIRST HALF OF 2019​.‍RECOVERABLE RESOURCES HAVE INCREASED SINCE INITIAL PLAN FOR DEVELOPMENT AND OPERATION DUE TO ADDITIONAL RESOURCES DISCOVERED​.‍FOLLOWING COMPLETION OF TRANSACTION, STATOIL WILL INCREASE FROM 19% TO A 70% INTEREST IN FIELD​.  Full Article

Total CEO says becomes integrated LNG player with Engie acquisitions
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Total Sa :Total's Chief Executive Patrick Pouyanne says acquisition of Engie's LNG assets confirms ambition to become an integrated LNG player.Pouyanne says Engie's assets will open up LNG markets in Europe and Asia for Total.  Full Article

Total says paid $200 million to settle tax issue in Angola
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Total Sa :French oil major Total <<>> paid $200 million in the third quarter to settle a tax issue in Angola, its Chief Financial Officer Patrick de La Chevardiere told analysts during a call on Friday. .Speaking after Total's third quarter results, de la Chevardiere said the company's Yamal LNG project in Russia was expected to start on time at the end of the year and was on budget..Answering questions from analysts, the CFO said Total had received a waiver on Brazil's local content rules, and expected to sanction the First Libra project FPSO soon..Commenting on uncertainties in Iran after U.S. President Trump decertified the Iran nuclear deal, he said Total was carrying on with activities in Iran despite and clarity expected in coming months..He said the group was proceeding with plans to announce tenders for its Iran South Pars gas project and the main contract would be awarded at beginning 2018 when there would be clarity from the U.S..Asked about Total's interest in Iraq, he said the company will not accept terms refused by competitors in Iraq's Majnoon field..He said after completing its $10 billion divestment programme, Total plans to sell high breakeven and non-core assets for around $1 billion per year going forward at the right price..Source text for Eikon: [ID:].  Full Article

Suncor expects Fort Hills project to operate at 90 pct capacity by Q4 2018
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Suncor Energy : :CEO says company has made progress towards resolving commercial dispute with Fort Hills partner Total SA <<>>.Expects to be operating 190,000 bpd Fort Hills oil sands plant at 90 percent capacity by this time next year .Suncor CEO expects 2018 capital spending to be in C$4.5 billion to C$5 billion range.CEO says unit 1 upgrader at oil sands base plant will undergo major turnaround next year, maintenance also planned at Edmonton refinery.CEO says looking at using automated vehicles at Fort Hills oil sands plant to help reduce operating costs.Says once Fort Hills operating, company will sell nearly 200,000 bpd of its production to third parties.  Full Article

Total Q3 2017 European refining margin indicator was $‍​48.2 per tonne
Monday, 16 Oct 2017 

Oct 16 (Reuters) - TOTAL SA ::TOTAL'S EUROPEAN REFINING MARGIN INDICATOR WAS $‍​48.2 PER TONNE IN Q3 2017 VS $41.0 PER TONNE IN Q2 2017 - COMPANY DATA.  Full Article

Total reports compressor restart after shutdown at Port Arthur, Tx. refinery
Sunday, 15 Oct 2017 

Oct 16 (Reuters) - Total ::Port Arthur, Texas, refinery reports on Oct. 14 the wet gas compressor at unit no. 860 shutdown due to a mechanical failure.Port Arthur, Texas refinery reports the affected equipment was repaired and the compressor returned to service.Port Arthur, Texas, refinery reports emissions from area 5 unit 860, east flare, south flare.  Full Article

Deals of the day-Mergers and acquisitions

Dec 15 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: