Total Oil

From Q2 2018 JOCAP to become operator of Absheron field development in the Azerbaijani sector of the Caspian Sea

From the second quarter of 2018, operator of the Absheron field development project in the Azerbaijani sector of the Caspian Sea will be the operating company Joint Operating Company Absheron Petro

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Novatek, Total and Eni conclude “shelf” contract with Lebanon

The Lebanese authorities have signed a contract for development of hydrocarbons on their Mediterranean shelf with a consortium of Russian Novatek, French Total and Italian Eni.

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Novatek hopes to persuade Total to take part in Arctic LNG-2

In turn, Total has already filed a request to enter the project with the French Government.

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Total states it managed to build bridges with Russia, despite sanctions

Total has managed to "build bridges" with Russia, despite sanctions. This was stated by head of the corporation Patrick Pouyanne.

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In February-March, Total to start drilling of the first well at the Absheron field in the Caspian Sea

The drilling of the first well at the Absheron field in the Azerbaijani sector of the Caspian Sea will begin in February-March of this year, assistant to SOCAR’s vice-president Vitaly Beglyar

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Total intends to develop business in Russia within Yamal LNG

Total has expressed interest in business development in Russia: it has invested more than 9 billion euro in Russia.

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Total buy the first shipment of gas from Yamal LNG

Total, a shareholder of the Yamal LNG project, has purchased the first batch of liquefied natural gas from the project. This was reported by Yamal LNG.

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As of December 1 Azerbaijan extracted 250 million tons of profitable oil from Azeri-Chirag-Gyuneshli - SOCAR

As of December 1st, 2017 the total volume of Azerbaijan's profitable oil, produced so far from the Azeri-Chirag-Guneshli (AChG) fields block, was 250 million tons, Khoshbakht Yusifzadeh, SOCAR

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Fitch: Limited funding and Western sanctions are the main threats to Russian LNG plans

Funding restrictions and Western sanctions are the main threats to progress in the production and export of liquefied natural gas (LNG) in Russia.

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Total plans to extract 1.3 billion cubic meters of gas in the framework of the first stage of Absheron's development on the Caspian shelf.

SOCAR and Total had discussed the development of the Absheron field in the Azerbaijani sector of the Caspian Sea, the press service of the Azerbaijani company reported on December 22, 2017.

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