Total strikes £1.2bn deal for European utility
Energy giant Total has struck a deal to buy 74.33% of European utility firm Direct Energie for £1.2billion.
Total
Greenpeace says findings ‘invalidate’ Total’s Amazon drilling plans
Greenpeace scientists claim to invalidated Total's plans for drilling offshore Brazil by proving the existence of a reef at the target oil block.
Total becomes operator of North Platte discovery in Cobalt bankruptcy auction
Total has become the operator of the major North Platte discovery in the Gulf of Mexico, following Cobalt International Energy’s bankruptcy auction sale.
Saudi Aramco sign £6billion deal with Total to build giant petrochemical complex
While on a visit to Paris the Crown Prince of Saudi Arabia inked a more than £6billion deal between Saudi Aramco and Total to build a giant petrochemical complex in Jubail, Saudi Arabia.
Exclusive: Maersk Supply in £700m-plus vessel renewal programme
Maersk Supply Service (MSS) is in the middle of a £700million-plus fleet renewal programme intended to help the business crack open new markets in the North Sea.
Exclusive: Total’s robot trial is world first
A revolutionary project which will see the world’s first autonomous robot working on an oil rig has been unveiled.
Total announces first gas from Timimoun field
French oil firm Total has today announced first gas from its Timimoun field in south-western Algeria.
We were either ‘smart or lucky’ in Mexico bid, says Premier Oil boss
Premier Oil won 30% of Block 30 in the Sureste Basin, south west of the “world-class” Zama discovery in the Gulf of Mexico.
European majors join race for Mexico oil bonanza in Gulf waters
European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election.
Total signs up for Chinese energy sector investment fund
French energy major Total has joined forces with two other parties to launch an investment fund dedicated to the energy sector in China.
BP squeezed out of Abu Dhabi offshore oil as China, Italy win
When oil-rich Abu Dhabi put a string of offshore fields up for auction, suitors from China to Italy vied for a slice of the pie. Surprisingly, that piece was snatched from one of the world’s largest energy conglomerates.
‘Scary numbers’ as Total reveals 250 job losses
Oil firm Total said yesterday that it would make 250 workers redundant in the north-east following its takeover of a rival company.
Statoil takes over Martin Linge operatorship from Total
Statoil has finalised a deal with Total to take over operatorship of the Martin Linge field and Garantiana discovery on the Norwegian continental shelf.
Total to shed 250 jobs in Aberdeen post-Maersk takeover
Oil firm Total said today that it would make 250 workers redundant in the north-east following its takeover of Maersk Oil.
Total in £1.04bn deal for UAE concessions
French energy giant Total will stump up £1.04billion for stakes in two UAE concessions.
Up to 70 jobs to go at Total Norway following Maersk Oil takeover, report says
Total will make between 50 and 70 employees redundant in Norway in the wake of its takeover of Maersk Oil, a news report said.
‘No final decision’ on jobs as Total completes takeover of Maersk Oil
French energy giant Total yesterday confirmed the takeover of Danish conglomerate Moller-Maersk's oil and gas business.
Total takes risk on Middle East as rivals favor US
Patrick Pouyanne, the pugnacious boss of Total SA, sees risks differently.
Total to close Maersk Oil deal this week
Total's boss has said the French energy giant expects to complete the takeover of Maersk Oil this week.
Total CEO says he doesn’t need Permian Basin shale to thrive
Total SA’s chief executive officer may be one of the few major oil heads who isn’t salivating over the booming Permian Basin shale oil field.
Maersk’s oil exit comes with $1.2bn ball and chain
AP Moller-Maersk is about to exit the Danish offshore oil industry that it created half a century ago. But for the next few decades, it will be stuck with a liability stemming from that business that’s as big as $1.2 billion.
Moller-Maersk to retain ‘secondary liability’ for decom costs in Total transaction
Denmark's energy regulator has given the nod for the sale of Maersk Oil to French energy giant Total to go ahead.
Marathon exits Libya with $450m sale to Total
US firm Marathon Oil has completed the sale of its Libyan subsidiary to Total for $450million.
Costain says oil and gas clients still keeping purse strings tight
Profits at construction and engineering firm Costain climbed 25% last year on the back of its “on-going transformation” efforts.
Total enters joint venture for gulf coast petrochemical production
French energy giant Total has entered into an agreement for a petrochemical processing along the US Gulf coast.