2011 results for the Total Group

Press release on the fourth quarter and full-year 2011 results for the Total Group, published 10 February 2012.
Click here to read the press release on the Total Group's website.
Published 10 February 2012 12:34

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10 February 2012 12:34

2011 results for the Total Group

Press release on the fourth quarter and full-year 2011 results for the Total Group, published 10 February 2012.
03 February 2012 11:14

Total launches the Hild field Development in the North Sea

Paris, February 2, 2012: Total, operator of the Hild license, launches the development of this field located in the Norwegian North Sea. This development will represent an investment of US$4.2 billion (NOK 25.6 billion) and is subject to the approval of the Norwegian Ministry of Petroleum and Energy and Norwegian Parliament (Storting). Total holds a 51 % interest together with its partners Petoro (30 %) and Statoil (19 %). Hild’s reserves amount to approximately 190 million barrels of oil equivalent (boe). Production is expected to start end of 2016 and will reach 100,000 boe per day at peak.
04 November 2011 14:14

The Atla field development approved

Today, 4 November, the Plan for development and operation (PDO) of the TOTAL-operated Atla subsea development was approved by the King’s council in Norway.
04 November 2011 13:52

TOTAL increases its equity in Hild and sells Valemon share

TOTAL E&P NORGE AS and Statoil have signed a sales and purchase agreement. TOTAL acquires 2% in Hild (production licences PL040, PL043 and PL043BS). In exchange TOTAL sells its full 2.5% share in the Valemon unit (5% in PL193B and carve-out of PL193) to Statoil.