French oil and energy group Total said on Monday it had made a major gas discovery on the Glendronach prospect, located off the coast of the Shetland islands in the North Sea.Total said preliminary tests on the new gas discovery confirmed good reservoir quality…
French oil major Total and Brazilian national Petrobras have finalized the US$1.95 billion transfer of interests in the pre-salt Santos Basin from Petrobras to Total. The companies called the move a “decisive milestone” in a strategic alliance…
Total and Sonangol have reached an agreement for the second phase of development of the offshore Zinia field, paving the way for a final investment decision for the project. Pazflor FPSO. Photo from Sofec…
French oil major Total is to sell out of its delayed Martin Linge development and the Garantiana discovery offshore Norway, in a US$1.45 billion deal with part-state-owned operator Statoil. Statoil will take Total's 51% stake in Martin Linge…
Total subsidiary Total E&P Ireland has completed a farm-in deal with Providence Resources and Sosina Exploration on licensing option (LO) 16/27, containing the Avalon prospect, in the southern Porcupine Basin, offshore Ireland. The deal…
Study area, in red. Map from Total. Total and the National Office of Petroleum of Guinea (ONAP) signed a technical evaluation agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry…
French oil major Total says it has agreed to capture seven prospects, over 16 Chevron-operated blocks in deepwater Gulf of Mexico (GoM), in a move that analysts say could revitalize Total's GoM portfolio. Map…
Norway is still a key country for Total, its CEO Arnaud Breuillac has said after confirming the sale of company's remaining 15% stake in the Gina Krog field to Kuwait Foreign Petroleum Exploration Company (KUFPEC). Total had in 2016 agreed a deal with KUFPEC…
French oil major Total has agreed to buy Maersk Oil from its parent company A.P. Møller – Mærsk in a US$7.45 billion share and debt deal which could help it make $400 million in 'synergies' a year. Total will gain about 1 billion boe of 2P/2C reserves…
Total has signed up to explore another deepwater block offshore Mauritania that the French giant says is in a high-potential zone. Image from Total. Total inked an exploration…
Norway’s Petroleum Safety Authority (PSA) has issued an order to Total E&P Norge after an audit of the Martin Linge development in the Norwegian North Sea. Total has until 29 May to comply. An audit of the Martin Linge project was conducted by the PSA from 28-30 March 2017…
French major Total has signed two agreements with Senegal, allowing the firm to explore in Senegal’s deep and ultra-deep offshore. “These agreements are part of the company's strategy to carry out exploration activities in new deepwater…
Six people have been killed and more injured after a crane fell down in a South Korean shipyard at the site of Total's Martin Linge platform construction. According to news agency Reuters, six people were killed in the accident and more than 20 injured…
Petrobras and Total have signed deals worth US$2.2 billion that will see Total take stakes in a number of Brazilian offshore fields and an onshore plant. Petrobras has agreed to give Total 22.5% in the Iara concession area, containing the Sururu…
Oil major Total has agreed to sell stakes and transfer operatorship in a number of fields offshore Gabon to French independent Perenco. The deal includes the sale of Total's 100%-owned affiliate Total Participations Petrolières Gabon…
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