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France Overview

France

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French law to end E&P by 2040
NEWS
France - September 07, 2017

Draft legislation presented on Wednesday could end oil E&P in France by 2040 as part of the country’s efforts to combat…

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Amec Foster Wheeler bags Total contract
NEWS
France - August 07, 2017

Amec Foster Wheeler said on Monday that Total had awarded it a FEED contract to upgrade the Donges refinery in Western…

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France’s strike causes petrol shortage
NEWS
France - May 24, 2016

Workers at oil refineries in France have continued to strike since the weekend causing shortages and the shutdown of petrol stations across the country.

Six out of…

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Total boasts “best performance” in Q4
NEWS
France - February 11, 2016

Total saw a 26% fall in adjusted net income for Q4 2015, falling from USD 2.8 billion the year before to USD 2.1 billion, according to its financial report published…

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Total and Pertamina in LNG trade
NEWS
France - February 02, 2016

Total has signed a long-term sale and purchase deal for LNG with Indonesia’s state-owned energy company Pertamina, the French energy giant announced on…

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Total signs deal with Iran
NEWS
France - January 29, 2016

Total signed a memorandum of understanding with government-owned National Iranian Oil Company yesterday.

The deal was penned alongside the meeting of Iranian…

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New semisub from Technip and Samsung
NEWS
France - September 23, 2015

French engineering company Technip along with South Korean shipbuilder Samsung Heavy Industry are developing a new semisubmersible rig design, with a “low motion”…

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Total to slash capex by $3 bln
NEWS
France - September 23, 2015

France’s Total has announced long-term plans to further cut capital expenditure. In 2015, the company had scheduled capex spending of $23 billion-$24 billion.

“The…

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Total sells majority in Geosel Manosque
NEWS
France - September 10, 2015

Total is offloading its majority share in underground hydrocarbons storage company Geosel Manosque to a new 50/50 joint holding managed by the French investment funds…

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