Your Portal for Key Energy Information and Research

Total SA

Company Summary

Description

Total SA is involved in Exploration & Production, Refining & Chemicals, Marketing & Services, Natural Gas Trading & Marketing, Crude Oil and Refined Products Trading & Marketing, Specialty Chemicals, and New Energies.

Website

http://us.total.com/en-us/total-usa/total-united-s...

Operational Regions

  • North America
  • South America
  • Middle East
  • Asia
  • Europe
  • Asia Pacific
  • Africa
  • Worldwide

Financial Data:

NYSE:TOT from Google Finance

Tickers:

  • TOT - New York Stock Exchange
  • TTA - London Stock Exchange Group

Related Entities

Firm Transport Commitments

Project: Energía Costa Azul LNG Export Project Phase 1
Firm Commitment: 0.8 mtpa

Project: Driftwood LNG
Firm Commitment: 1 mtpa

Project: Driftwood LNG
Firm Commitment: 2.5 mtpa

Project: Santos GLNG Export Terminal
Firm Commitment: 1.5 mtpa

Project: Sabine Pass Train 5
Firm Commitment: 2 mtpa

Recent news

  • 9/25/2020 - Uganda and Tanzania... (subscriber access)
  • 9/24/2020 - Total Halting... (subscriber access)
  • 8/28/2020 - Angola Develops Five... (subscriber access)
  • 8/24/2020 - Total Signs Security... (subscriber access)
  • 8/20/2020 - ISIS Seizure of Mocimboa... (subscriber access)

Investor Presentations

  • 2019 Results And Outlook February2020
  • Investors Day- September 2016 (subscriber access)
  • 1Q16 New Production Number Groups (subscriber access)
  • 1Q16 Press Release with Supplemental (subscriber access)

Company Transactions

Date: 12/31/2020
Type: Acquisition

BUYERS:
  • Prax Group
  • SELLERS:
  • Total SA
  • DETAILS:
    NOTES:
    Total has reached a deal to sell their 110 Mbbl/d Lindsey Refinery in the UK to Prax Group for an undisclosed sum. Closing is expected by year-end 2020.
    REGIONS:
  • Europe
  • Date: 4/23/2020
    Type: Acquisition

    BUYERS:
  • Total SA
  • SELLERS:
  • Tullow Oil PLC
  • DETAILS:

    COST: 575 $MM

    NOTES:
    Total has agreed to purchase Tullow Oil's Uganda onshore oil assets for $575 million, including $500 million in cash.
    REGIONS:
  • Africa
  • Date: 3/31/2020
    Type: Acquisition

    BUYERS:
  • Total SA
  • DETAILS:

    COST: 800 $MM

    VOLUMES: 2.2 mtpa

    NOTES:
    Total has acquired Toshiba's U.S. LNG business for $800 million, effectively giving the French company control over 2.2 Mtpa of LNG to be produced by the Freeport LNG's third train while strengthening its foothold in the region as a buyer and marketer of LNG.
    REGIONS:
  • Gulf Coast
  • Date: 2/10/2020
    Type: Acquisition

    BUYERS:
  • Elengy
  • SELLERS:
  • Total SA
  • Fosmax LNG
  • DETAILS:

    COST: 260 $MM

    NOTES:
    Elengy has acquired Total's 27.5% stake in the Fosmax LNG terminal operator for $260 million. This makes Elengy the sole equity owner of Fosmax.
    REGIONS:
  • Europe
  • Date: 1/28/2020
    Type: Acquisition

    DETAILS:

    COST: 165 $MM

    VOLUMES: 143 MW

    NOTES:
    Total has sold a 50% stake in Total Quadran, its French renewable generation arm, to Banque des Territoire for $165 million. The subsidiary holds 143-MW in solar and wind assets across France, including 11 wind farmds and 35 solar plants.
    REGIONS:
  • Europe
  • Date: 12/31/2019
    Type: Acquisition

    NOTES:
    Occidental has signed a contingent deal with Total to sell them Anadarko's assets in Africa for $8.8 billion if Oxy's bid to purchase Anadarko is completed. The assets include projects in Algeria, Ghana, Mozambique and South Africa and proceeds would cover a portion of the cash consideration proposed by Occidental.
    REGIONS:
  • Africa
  • Date: 12/30/2019
    Type: Acquisition

    SELLERS:
  • Total SA
  • DETAILS:

    COST: 635 $MM

    VOLUMES: 25 MBOE/d

    NOTES:
    Total sold its British North Sea oilfields to private equity fund HitecVision and Petrogas for $635 million.
    REGIONS:
  • North Sea
  • Date: 12/25/2019
    Type: Acquisition

    BUYERS:
  • Total SA
  • DETAILS:
    NOTES:
    The two firms will each hold a 50% working interest in the 1.4 million acre block and Apache will operate the first three exploration wells before transferring operatorship to Total. In exchange, Total will provide $5 billion in cash carry on the first $7.5 billion in development capital and then 25% of all cash carry on anything beyond the first $7.5 billion.
    REGIONS:
  • South America
  • Date: 10/15/2019
    Type: Acquisition

    BUYERS:
  • Total SA
  • SELLERS:
  • Adani Gas
  • DETAILS:

    COST: 600 $MM

    NOTES:
    Total has entered into a deal to acquire a 37.4% stake in India's Adani Gas Ltd for $600 million. The purchase will be done via a tender offer to public shareholders for up to 25.2% and to the Adani family for the remainder of the stake.
    REGIONS:
  • Asia
  • Date: 9/30/2019
    Type: Acquisition

    BUYERS:
  • Total SA
  • DETAILS:

    COST: 3.9 $B

    VOLUMES: 26.5 Percent

    NOTES:
    Total closed the $3.9 billion acquisition of a 26.5% operating stake in the Mozambique LNG project.
    REGIONS:
  • Africa
  • Date: 3/31/2019
    Type: Acquisition

    BUYERS:
  • Total SA
  • SELLERS:
  • PAO Novatek
  • PROJECTS:
  • Arctic LNG 2
  • DETAILS:
    NOTES:
    Total has entered into a deal with Novatek to acquire an additional 10% stake in the Arctic LNG 2 Project
    REGIONS:
  • Russia
  • Date: 12/13/2018
    Type: Acquisition

    BUYERS:
  • Inpex Corp
  • SELLERS:
  • Total SA
  • DETAILS:

    COST: 1.6 $B

    NOTES:
    Total SA has entered into a deal with Inpex to sell a 4% stake in the Australian Ichthys LNG Terminal
    REGIONS:
  • Australia
  • Date: 7/31/2018
    Type: Acquisition

    BUYERS:
  • Aker BP
  • SELLERS:
  • Total SA
  • DETAILS:

    COST: 205 $MM

    VOLUMES: 83 MMBOE

    NOTES:
    Aker BP has entered into a deal with Total to acquire their stake in 11 Norwegian Continental Shelf Licenses for $205 million. The deal includes net recoverable resources of 83 MMboe, based in initial estimates.
    REGIONS:
  • Norwegian Continental Shelf
  • Date: 7/13/2018
    Type: Acquisition

    BUYERS:
  • Total SA
  • SELLERS:
  • ENGIE S.A.
  • DETAILS:

    COST: 1.5 $B

    NOTES:
    Total stated that they will now hold a worldwide market share of 10% with 23 Mtpa in current LNG capacity and 40 Mtpa in LNG under management by 2020. This includes a 16.6% stake in Engie's Cameron LNG Project in the United States. By 2020, the deal will encompass a fleet of 18 LNG carriers which includes 2 FSRU's, an LNG trading contract portfolio of 28 Mtpa and a european regas capacity of 18 Mtpa.
    REGIONS:
  • International
  • Worldwide
  • Date: 3/31/2018
    Type: Acquisition

    BUYERS:
  • Total SA
  • DETAILS:

    COST: 7.45 $B

    VOLUMES: 160 MBOE/d

    NOTES:
    Total reported that it has entered into a deal to acquire Maersk Oil & Gas A/S from A.P. Møller – Mærsk A/S in a share and debt transaction valued at $7.45 billion. Under terms of the deal, Maersk will receive $4.95 billion in Total shares and Total will assume $2.25 billion in Maersk Oil debt. The share payment consists of 97.5 million common shares, representing 3.75% of the share capital of Total.
    REGIONS:
  • International
  • Date: 3/1/2018
    Type: Acquisition

    NOTES:
    Marathon Oil reported that it has entered into a deal to sale its Libyan subsidiary, Marathon Oil Libya Limited, for $450 million in cash to Total S.A.
    REGIONS:
  • Middle East
  • Africa
  • Date: 2/5/2018
    Type: Acquisition

    BUYERS:
  • Qatar Petroleum
  • SELLERS:
  • Total SA
  • DETAILS:
    NOTES:
    Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum.
    REGIONS:
  • Africa
  • Date: 6/1/2017
    Type: Acquisition

    BUYERS:
  • Total SA
  • DETAILS:
    NOTES:
    TOTAL reported the acquisition of a 25% interest in the Al-Shaheen Field in Qatar. The deal will start in July 2017 and will run for 25 years
    REGIONS:
  • Middle East
  • Date: 12/31/2016
    Type: Acquisition

    SELLERS:
  • Total SA
  • DETAILS:

    COST: 3.2 $B

    NOTES:
    Total SA announced that it has reached an agreement to sell its specialty chemicals unit to Carlyle Group for $3.2 billion.
    REGIONS:
  • Europe
  • Date: 12/20/2016
    Type: Acquisition

    BUYERS:
  • Total SA
  • SELLERS:
  • Tellurian Inc.
  • PROJECTS:
  • Driftwood LNG
  • DETAILS:

    COST: 207 $MM

    NOTES:
    Total is acquiring 23% stake in Tellurian for purchase price of $207 million to develop an integrated gas project to supply natural gas to the Driftwood LNG project.
    REGIONS:
  • Gulf Coast