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Paris – Total, operator, and its partners Equinor, ExxonMobil and BP have signed an agreement with national oil, gas and biofuels agency ANPG and state-owned Sonangol of Angola, to extend their consortium’s production licenses to 2045. As part of the agreement, Sonangol...

Paris - Total announces the final investment decision (FID) to develop the Anchor oil field. Additionally, front-end engineering and design (FEED) has begun for the North Platte discovery. Both projects are located in the deepwater U.S. Gulf of Mexico, off the coast of...

Paris – Total and National Oil Corporation (NOC), with the agreement of the Government of Libya, signed today an agreement to implement Total’s participation in the Waha concessions, located in the Sirte Basin in Libya. Under the terms of this agreement, Total...

Paris – Total announce first oil from the Iara license (Block BM-S-11A), located in the deepwater Santos Basin pre-salt. This marks the start-up of the FPSO P-68, the first of the two floating production, storage and offloading units (FPSO) already launched and to be...

Paris, October 30, 2019 – Total has signed an agreement to sell wholly owned subsidiary Total E&P Deep Offshore Borneo BV — which holds an 86.95% interest in Block CA1, located 100 kilometers off the coast of Brunei — to Shell1 for $300 million. The transaction is...

Paris, October 10, 2019 – Total, operator, and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block today in the 16th Bidding Round held by Brazil’s National Petroleum Agency (ANP). The acreage is located in the pre-salt Campos Basin in a...

Paris, October 7 2019 - The production from Phase 1 of the giant Johan Sverdrup field has started - more than two months ahead of schedule and with a cost reduced by more than 30%. The total investment is $10.5 billion and plateau production is 440,000 barrels per day....

• Launch of new KickStarter initiative to boost large-scale commercial carbon capture, use and storage (CCUS) worldwide • OGCI member companies on track to achieve methane intensity target • Climate Investments announces latest investments in low-carbon technologies and...

Paris, August 29, 2019 – On January 9, 2017, Total and Tullow entered into a Sale and Purchase Agreement (SPA) whereby Total would acquire 21.57% out of Tullow’s 33.33% interest in the Lake Albert licenses. CNOOC exercised its right to pre-empt 50% of the transaction. As...