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Total SA (TOTF.PA)

TOTF.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Odfjell Drilling wins $55 mln contract
Tuesday, 4 Jul 2017 07:50am EDT 

July 4 (Reuters) - Odfjell Drilling Ltd :Odfjell drilling awarded a contract with total e&p south africa.Further to conditional letter of award ("CLOA") as announced on 1 march 2017, odfjell drilling has now been awarded contract as described in CLOA.Contract commencement shall be between june 2018 and april 2019 and shall be back to back with completion of ongoing contract with wintershall norge on maria field or any subsequent contract.Contract is awarded by total e&p south africa and is for a one well plus one optional well to be drilled by 6th generation semi-submersible, deepsea stavanger, offshore south africa.Contract value including compensation for mobilization/demobilization period is estimated up to usd 55 million.Company expects drilling of firm well to take 60-80 days.  Full Article

Total Iran and NIOC sign contract for development of phase 11 of the giant South Pars gas field
Monday, 3 Jul 2017 07:47am EDT 

July 3 (Reuters) - TOTAL SA : :IRAN: TOTAL AND NIOC SIGN CONTRACT FOR THE DEVELOPMENT OF PHASE 11 OF THE GIANT SOUTH PARS GAS FIELD.THE PROJECT WILL HAVE A PRODUCTION CAPACITY OF 2 BILLION CUBIC FEET PER DAY OR 400,000 BARRELS OF OIL EQUIVALENT PER DAY INCLUDING CONDENSATE..THIS CONTRACT, WHICH HAS A 20-YEAR DURATION, IS THE FIRST IRANIAN PETROLEUM CONTRACT (IPC).TOTAL IS OPERATOR OF THE SP11 PROJECT WITH 50.1% INTEREST ALONGSIDE CHINESE STATE-OWNED OIL AND GAS COMPANY CNPC (30%), AND PETROPARS (19.9%), WHOLLY OWNED SUBSIDIARY OF NIOC.PRODUCED GAS WILL SUPPLY THE IRANIAN DOMESTIC MARKET STARTING IN 2021.SP11 WILL BE DEVELOPED IN TWO PHASES.THE FIRST PHASE WILL CONSIST OF 30 WELLS AND 2 WELLHEAD PLATFORMS CONNECTED TO EXISTING ONSHORE TREATMENT FACILITIES BY 2 SUBSEA PIPELINES..SECOND PHASE WILL BE LAUNCHED INVOLVING CONSTRUCTION OF OFFSHORE COMPRESSION FACILITIES, A FIRST ON SOUTH PARS FIELD.THE FIRST PHASE HAS ESTIMATED COST OF AROUND 2 BILLION DOLLARS EQUIVALENT.  Full Article

Metabolic Explorer signs with Total Regional Development agreement for construction of PDO/AB production unit
Monday, 3 Jul 2017 01:26am EDT 

July 3 (Reuters) - METABOLIC EXPLORER SA ::SIGNS WITH TOTAL REGIONAL DEVELOPMENT (TDR) AGREEMENT FOR CONSTRUCTION OF PDO / AB PRODUCTION UNIT.LAUNCH OF PRELIMINARY ENGINEERING STUDIES WITH TECHNIPFMC.CO AND ITS FINANCIAL PARTNERS DETERMINED MEANS OF FINANCING INVESTMENTS FOR 1ST STAGE (ESTIMATED AT €25 MLN).CONSTRUCTION IS EXPECTED TO BEGIN LATE IN THE FIRST HALF OF 2018 .  Full Article

Total Port Arthur, Texas, refinery reports sulfur unit startup
Wednesday, 28 Jun 2017 04:13pm EDT 

June 28 (Reuters) - Total :Port Arthur, Texas, refinery reports emissions associated with starting up the sulfur unit.Port Arthur, Texas, refinery reports the sulfur unit is back in operation.  Full Article

Total and Ecoslops sign an agreement to establish a maritime oil residue processing unit
Monday, 12 Jun 2017 02:30am EDT 

June 12 (Reuters) - ECOSLOPS SA ::TOTAL AND ECOSLOPS SIGN AN AGREEMENT TO ESTABLISH A MARITIME OIL RESIDUE PROCESSING UNIT IN LA MÈDE, NEAR MARSEILLES.ECOSLOPS SA - ‍BUILDING OF UNIT IS EXPECTED TO START DURING Q2 OF 2018.​.  Full Article

Total Port Arthur, Texas refinery reports emissions from Unit 871
Friday, 26 May 2017 03:59pm EDT 

May 26 (Reuters) - Total ::Port Arthur, Texas refinery reports unit 871 experienced rising sulfur dioxide emissions due to an indeterminate cause.Port Arthur, Texas refinery reports the unit continued to operate under normal operating conditions.Port Arthur, Texas refinery reports emissions from area 1, sulfur recovery unit (SRU) no. 5 incinerator, unit 871.Refinery capacity: 225,500 barrels per day.Source: Texas Commission on Environmental Quality filing nEMN4C0KFM.  Full Article

Total shareholders approve CEO Patrick Pouyanne's 3.8 mln eur 2016 compensation
Friday, 26 May 2017 06:52am EDT 

May 26 (Reuters) - Total Shareholders :Approve CEO Patrick Pouyanne's 3.8 million eur 2016 compensation.  Full Article

Total CEO Pouyanne says Hutchinson unit not for sale
Friday, 26 May 2017 05:50am EDT 

May 26 (Reuters) - Total :Total Chief Executive Patrick Pouyanne tells shareholders that the group's Hutchinson rubber unit is not for sale.Pouyanne says Hutchinson fits Total development strategy into new businesses.  Full Article

Total launches construction of 25 MW solar plant in Miyako, Japan
Tuesday, 23 May 2017 05:07am EDT 

May 23 (Reuters) - Total SA :Total, through its subsidiary Total Solar, launches construction of 25 megawatt solar plant in Miyako, Japan..Says expected to start up production in 2018 and will supply electricity to over 8,000 homes..Total says the plant will be connected to the electricity distribution grid to supply energy through the regional utility company. .  Full Article

Total signs exploration and production contract with Mauritania
Friday, 12 May 2017 08:00am EDT 

May 12 (Reuters) - Total Sa :Mauritania: total expands exploration activities in the country with a new deep offshore license.Total sa and Mauritania have signed an exploration and production contract to perform exploration works on block c7, which covers an area of 7,300 square kilometers.  Full Article

Total Port Arthur refinery may be shut for weeks by plugged pipe: sources

HOUSTON Total SA's 225,500-barrel-per-day Port Arthur, Texas, refinery may be shut for weeks because an Aug. 30 power outage during Tropical Storm Harvey caused crude oil to plug a key pipeline, Gulf Coast market sources said on Monday.