Results hit by Elgin leak
French oil and gas group Total’s first-quarter turnover was down 6% to £40.6billion, although this was broadly in line with market expectations.
French oil and gas group Total’s first-quarter turnover was down 6% to £40.6billion, although this was broadly in line with market expectations.
French oil and gas giant Total said today first production had started from its Islay gas field in the northern North Sea.
French oil major Total has said it and partners Gazprom and Statoil are still committed to developing a giant Arctic gas field despite a new delay to their final investment decision.
French oil and gas giant Total is believed to have put some of its non-operated North Sea assets up for sale.
A boss at oil giant BP last night stressed the continued importance of the North Sea region to its operations.
TECHNIP said yesterday it had won two contracts from Talisman Energy (UK) worth about £35million for engineering, procurement and installation for the Auk North and Burghley fields.
FRENCH oil major Total is the latest energy company to announce moves to reduce its North Sea overheads.
French oil and gas company Total said yesterday it had made a new gas and condensate discovery in the Alwyn area of the North Sea.