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Total deploys oil rig to South Africa for rare frontier drilling

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(Bloomberg) –Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of...

Total lands $15 billion financing commitment for Mozambique project

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(Bloomberg) - A Total SA-led liquefied natural gas project in Mozambique will receive commitments for about $15 billion of financing at a signing scheduled...

Tullow sells stake in Uganda oil fields for $575 million

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Tullow Oil announced on Thursday that Total has agreed to buy its entire stake in their joint onshore oil fields in Uganda for $575...

Total divests $400M in Brunei, Sierra Leone and Liberia assets

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French multinational oil company Total has announced that in line with its strategy of actively managing its asset portfolio and its objective to divest...

Apache, Total make second discovery offshore Suriname

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Apache Corporation (NYSE, Nasdaq: APA) and Total S.A. (NYSE: TOT) on Thursday announced a significant oil discovery at the Sapakara West-1 well drilled offshore...

Conex Oil and Gas acquires Total’s Liberia and Sierra Leone businesses

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Liberia’s Conex Oil and Gas Holdings Limited (Conex) on Wednesday March 25, 2020 signed an agreement with Total to acquire Total Liberia and Total...

Total boss tells staff it will cut spending and freeze recruitment

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(Reuters) - French oil major Total (TOTF.PA) will freeze recruitment, boost costs savings and halt its share buyback programme due to tumbling oil prices,...

Total targeting up to 3 Guyana wells this year despite heavy...

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French oil company Total expects two to three new offshore wells to be drilled in Guyana this year, Chief Executive Patrick Pouyanne says. This...

Suriname discovery contains 300 million barrels of oil, over 1 trillion...

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UK-based global energy consultancy group Wood Mackenzie says based on its estimate the discovery announced last week off the coast of Suriname could contain...

Total enters multi-million dollar farm-in deal with Apache for Suriname acreage

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French oil company Total (TOTF.PA) said on Monday that it would pay a bonus of $100 million as part of its previously announced deal...