Killajoules

Total acquires interests in several licenses in Argentina to appraise their shale gas potential
Total announces that it has acquired interests in four exploration licenses in Argentina in partnership with YPF in order to appraise their shale gas potential. Located in the Neuquén Basin, the licenses were awarded by the provincial authorities for a six-year period. The four new blocks are the latest addition to the Group’s portfolio of assets in Argentina, which includes significant holdings in shale gas play.

Australia: Total and partners launch the development of the GLNG project
Total and its partners Santos (operator), Petronas and Kogas announce the sanction of the GLNG project in Australia, representing a 16 billion dollars investment. The GLNG project consists of the development of coal seam gas fields, the construction of a 420 kilometres gas transmission pipeline and of a liquefaction plant of 7.2 million tons per year (Mt/y). First Liquefied Natural Gas (LNG) will be delivered in 2015 and plateau production of the LNG plant is expected to be reached in 2016 for more than 20 years.

GLNG project sanctioned
Santos today announced that the GLNG partners have taken the final investment decision approving development of the US$16 billion, 7.8 mtpa GLNG project in Queensland.

Total: new gas and condensate discovery in the West of Shetland
Total announces that its affiliate Total E&P UK has made a new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf, close to the currently under development Laggan and Tormore fields.

Total and Suncor form a strategic alliance in Canada’s oil sands
Total’s subsidiary Total E&P Canada Ltd. (“Total”) and Suncor Energy Inc. (“Suncor”) have signed several agreements to form a strategic oil sands alliance encompassing the Suncor-operated Fort Hills mining project, the Total-operated Joslyn mining project and the Suncor-operated Voyageur upgrader project. All three assets are located in the Athabasca region of the province of Alberta, Canada. Under the alliance, the companies will pool their combined interests in these projects, with the respective operator holding 51% and the other partner 49%.

Australia: Total increases its interest in the GLNG project from 20% to 27.5%
Total announced the signature of an agreement to acquire an additional 7.5% interest in Australia’s GLNG (Gladstone LNG) project from Santos for an amount of US $281.25 million. This will increase Total’s overall stake in the project to 27.5%.

Invitation to Tender released for Ichthys Central Processing Facility
The Ichthys Project (INPEX Browse, Ltd. 76%, Operator, and Total E&P Australia 24%) today released the Invitation to Tender (ITT) for the semi-submersible Central Processing Facility (CPF) to be located at the Ichthys Gas Field (WA-37-R) in the Timor Sea, approximately 200 kilometres off the northwest coast of Australia.

Technip awarded contract by Total for the hydrocracker of the Normandy refinery
Technip has been awarded by Total an engineering, procurement services and construction management contract to increase the capacity of the hydrocracker at the Normandy refinery located in Gonfreville, France. This project, which is part of a larger investment plan for the refinery, is valued at more than €100 million (of which Technip’s share is 20%).

Total Revives Its Exploration Activities in Gabon
Total announces that the Gabonese government has approved the acquisition by its subsidiary Total Gabon of interests in three onshore exploration licenses in the sedimentary basin of Gabon:

Total Acquires Interest in a Deep Offshore Exploration Block Malaysia
Total announces that it has signed an agreement with the national oil company Petronas to acquire a 85% interest in the Block SK317B, offshore Malaysia. Under the terms of the agreement, Total will operate the Block alongside its partner Petronas Carigali holding the remaining 15% interest.