Tag: Total

Total DMD: Larger Portion Of Nigeria’s Oil, Gas Untapped
November 19, 2019 No Responses

Total DMD: Larger Portion Of Nigeria’s Oil, Gas Untapped

There are billions of barrels of oil and trillions cubic feet of gas yet to be discovered in Nigeria, Deputy Managing Director, Deep Water District of Total Exploration and Production Nigeria Limited, Mr Ahmadu Kida-Musa, has said.   Speaking on...
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Total Nigeria Staff, Gtbank, Access, Zenith, Others Seal $170m Eko Atlantic Project Partnership
November 5, 2019 No Responses

Total Nigeria Staff, Gtbank, Access, Zenith, Others Seal $170m Eko Atlantic Project Partnership

By Moses Ebosele, ebosele@hotmail.com — Total E&P Nigeria Staff Multipurpose Co-operative Society Limited has secured 20,000Sq.m of land at the prestigious Eko Atlantic City.  Located in the Victoria Island axis of Lagos State, Eko Atlantic City...
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Total Unveils 1st LNG Bunker Vessel
October 20, 2019 No Responses

Total Unveils 1st LNG Bunker Vessel

Total’s first large Liquefied Natural Gas (LNG) bunker vessel has been launched in China. According to the  French energy major, the vessel is slated for delivery in 2020 and will operate in Northern Europe where it will supply LNG to...
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NNPC, Total To Grow Production, Reserves
August 28, 2019 No Responses

NNPC, Total To Grow Production, Reserves

The Nigerian National Petroleum Corporation (NNPC) and Total Nigeria have expressed their readiness to work together to grow daily national crude oil and gas production and reserves to meet the national target of 40 billion barrels. Group Managing Director of....
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Total Nigeria Shareholders Get N4.75b Dividend For 2018
June 28, 2019 No Responses

Total Nigeria Shareholders Get N4.75b Dividend For 2018

For the financial year ended December 31, 2018, Total Nigeria Plc shareholders on Thursday approved the payment of N4.75 billion final dividend, amounting to  N14 per share.  The shareholders gave the approval at the company’s 41st Annual General M...
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Total To Sell Stake In LNG Terminal To Shell
August 29, 2018 No Responses

Total To Sell Stake In LNG Terminal To Shell

French energy major Total has decided to sell its 26 per cent  equity stake in Hazira LNG regasification terminal in India to Shell which holds 74 per cent  in the facility. The duo signed a binding Letter of Intent (LOI) for...
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Total MD Faces Arrest Over $1B Pipeline Contract
July 20, 2018 No Responses

Total MD Faces Arrest Over $1B Pipeline Contract

The Senate Committee on Gas, investigating $1billion pipeline contract, has threatened to issue warrant of arrest on Managing Directors, Total and Saipem, if they fail to appear in person on Tuesday.  The Chairman of the committee, Senator  Basset Akpan, gav...
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LNG Business: Total Seals $1.5B Takeover of Engie’s Portfolio
July 15, 2018 No Responses

LNG Business: Total Seals $1.5B Takeover of Engie’s Portfolio

French energy giant Total has closed the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of USD 1.5 billion. Should the oil market mark a major improvement in the coming years, Total’s...
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Total Acquires 10 Per Cent In LNG Project
May 28, 2018 No Responses

Total Acquires 10 Per Cent In LNG Project

French oil and gas company Total has signed an agreement with Russian counterpart Novatek to acquire a direct working interest of 10 per cent  in Arctic LNG 2, a giant liquefied natural gas project led by Novatek on the Gydan Peninsula...
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Total Pulls Out Of $1Billion Gas Deal
May 17, 2018 No Responses

Total Pulls Out Of $1Billion Gas Deal

French energy giant Total is preparing to pull out of a billion dollar gas project in Iran in the face of renewed US sanctions. Total said it will unwind operations by November unless sanctions are waived. Washington is re-imposing strict...
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Total Seals 40-Year Concession Agreements
March 21, 2018 No Responses

Total Seals 40-Year Concession Agreements

Total has signed 40-year concession agreements for three fields offshore Abu Dhabi with the Emirate’s Supreme Petroleum Council and ADNOC.  According to Offshore and other agency reports, the accords give Total a 20% interest in the new Umm Shaif and...
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Total to sell 25% stake to Qatar Petroleum
February 5, 2018 No Responses

Total to sell 25% stake to Qatar Petroleum

French oil and gas group, Total, has agreed to sell a 25 per cent stake in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum, in a deal which Total said would strengthen its ties with the Qatari group....
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Total top losers’ table as market capitalisation records N3b loss
November 7, 2017 No Responses

Total top losers’ table as market capitalisation records N3b loss

Transactions on the floor of  Nigerian Stock Exchange (NSE) resumed on a negative note on Monday as market capitalisation, which opened atN12.784 trillion, dropped by three billion naira or 0.02 per cent to close at N12.781 trillion.  Also, the All-Share...
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Total Nigeria, Forte Oil top gainers’ table
October 31, 2017 No Responses

Total Nigeria, Forte Oil top gainers’ table

By citybusinessnews@yahoo.com –    Transactions on the floor of Nigerian Stock Exchange (NSE) resumed on Monday on a positive note as  market capitalisation increased by N8 billion or 0.06 per cent to close at N12.627 trillion compared to N12.61...
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