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Gazprom, Statoil and Total top executives hold meeting on Shtokman field development
A working meeting was held today at the Gazprom headquarters. Participating in the meeting were Alexey Miller, Chairman of the Management Committee of Gazprom, Helge Lund, President and Chief Executive Officer of Statoil and Christophe de Margerie, Chairman and Chief Executive Officer of Total SA.

date.png06 Apr 2011 10:36 | comments.png 0 Comments | tags.png gazprom russia statoil total upstream [ More ]

Uganda Sale and Purchase Agreements signed between Tullow, CNOOC and Total for $2.9 billion total cash consideration
Tullow Oil plc (Tullow) is delighted to announce that yesterday it signed Sale and Purchase Agreements (SPAs) with CNOOC and Total in respect of the sale of a one third interest to each party of the interests Tullow holds in Exploration Areas 1, 2 and 3A in Uganda. Tullow will retain a one third interest. The terms of the transactions include a total cash consideration payable to Tullow of US$2.9 billion.

date.png30 Mar 2011 07:01 | comments.png 0 Comments | tags.png africa cnooc deals total tullow uganda [ More ]

CB&I Awarded Feed Contract for Yamal LNG Liquefaction Plant
Chicago Bridge & Iron Company N.V. (NYSE: CBI) announced today that the company has been selected by Yamal LNG LLC to provide front end engineering & design (FEED) services for the Yamal LNG project. The work is scheduled for completion in the first quarter of 2012.

date.png22 Mar 2011 06:39 | comments.png 0 Comments | tags.png lng russia total [ More ]

NOVATEK selects strategic partner for Yamal LNG Project
OAO NOVATEK (NOVATEK and/or the Company) announced today the selection of TOTAL S.A. (TOTAL) as the Company’s strategic partner for the development of the Yamal LNG Project (the Project).

date.png03 Mar 2011 10:14 | comments.png 0 Comments | tags.png lng novatek russia total [ More ]

Russia: Total enters into a strategic partnership with the independent gas company Novatek
Christophe de Margerie, Total’s Chairman and Chief Executive Officer, was invited to meet the Russia’s President Dmitry Medvedev this afternoon in Moscow. It gave them the opportunity to review the overall activities of Total in Russia. Christophe de Margerie highlighted the dynamism of relationships of the Group with Russian partners and expressed its optimism concerning Total’s future in Russia.

date.png03 Mar 2011 06:19 | comments.png 0 Comments | tags.png deals novatek russia total [ More ]

Total Agrees to Sell its 48.83% Stake of Spanish Company CEPSA to IPIC and Initiates a Co-Operation with IPIC in Oil and Gas
Total and IPIC have signed an agreement whereby Total will sell its 48.83% share in the capital of CEPSA. This sale will take place pursuant to a public takeover bid over the entire share capital of CEPSA that IPIC has undertaken to file with the Spanish Securities Commission CNMV. IPIC will offer 28 Euros per share of CEPSA and a dividend of 0.50 Euro per share shall be paid to existing shareholders. Total has undertaken irrevocably to tender its shares into the offer and will receive an amount of approximately 3.7 billion Euros. The transaction is conditioned on obtaining all requisite government approvals.

date.png16 Feb 2011 12:23 | comments.png 0 Comments | tags.png cepsa deals ipic refinery spain total [ More ]

Total Bolivia: Production start-up of the Itaú field
Total announces the start-up of the Itaú gas and condensate field located on Block XX (Tarija Oeste) 400 kilometres south of the city of Santa Cruz in the Andean Cordilleras foothills. The first phase of the development came on stream on February 2nd and is designed to produce 1.5 million cubic meters of gas per day (10,000 barrels of oil equivalent per day (boe/d)), which will be processed in the facilities of the neighboring San Alberto field. Itaú gas production will mainly be exported. The Block XX joint venture has also submitted for approval to YPFB a development plan which aims at increasing Itaú’s production from 1.5 to 5 million cubic metres per day by mid-2013 (about 35,000 boe/d).

date.png16 Feb 2011 06:31 | comments.png 0 Comments | tags.png bolivia total upstream [ More ]

Total E&P Canada Ltd acknowledges favourable decision regarding its 100,000 barrel-per-day Joslyn North Mine
Total E&P Canada Ltd., a Total SA subsidiary, received notice that the Joint Review Panel (Panel) finds the Joslyn North Mine Project (JNMP or the Project) to be in the public interest and grants approval for the construction, operation, and reclamation of the Project.

date.png31 Jan 2011 08:21 | comments.png 0 Comments | tags.png canada tar-sands total upstream [ More ]

New Discoveries in the Moho-Bilondo License in the Republic of the Congo
Total announces discoveries from the Bilondo Marine 2 and 3 wells (BILDM-2 and BILDM-3), drilled in a water depth of 800 metres in the central area of the Moho-Bilondo license, approximately 70 kilometres offshore the Republic of the Congo. They follow the successful exploration wells Moho Nord Marine 1 and 2 drilled in 2007.

date.png26 Jan 2011 06:24 | comments.png 0 Comments | tags.png africa congo offshore total upstream [ More ]

Total Awards $80 Million Subsea Production System Option 3 of Girassol Resource Initiative to FMC Technologies
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement (Option 3 - Girassol Infills) with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment to support the Girassol Resource Initiative (GirRI) project. The award has a value of approximately $80 million in revenue to FMC Technologies. The GirRI project has now reached a cumulative value of approximately $180 million in revenue to FMC.

date.png21 Jan 2011 14:45 | comments.png 0 Comments | tags.png africa angola fmc offshore services total [ More ]
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