Nature of Business::  ::

Now known as TOTAL, after a name change from TotalFinaElf, the company is the world’s fifth largest integrated oil and gas company. It is based in Paris, operates in 120 countries with exploration and production activity in 44 countries and production in 27. The company has 2.4 million barrels per day of production, which compares with 4.2 million barrels daily for Exxon Mobil Corp. and 3.5 million barrels/day for BP plc. The company has 11.2 billion barrels of reserves and has been averaging a 2.5 percent annual growth in production but saw a 10 percent increase between 2001 and 2002.

The new Total was created through two successive mergers, the first when the former Total joined with Belgian oil company Petrofina to form Totalfina, and the second when Totalfina combined with French oil company Elf Aquitaine to create TotalFinaElf. The new company reflects this prestigious Franco-Belgian oil and gas heritage, whose origins go back to the 1920s. The dynamic synthesis of the three companies’ corporate cultures and expertise represents a wealth of technological and human capabilities that favorably position Total to help invent the future of energy.

Founded in 1924 by a syndicate of French industrialists and financiers, Total entered the upstream oil business by taking over the French government’s 23.8% share in Iraq Petroleum (IPC – then called Turkish Petroleum). This later entitled it to share in the output of the prolific Kirkuk field, discovered by IPC in 1927. Expansion into the downstream business took place in 1929 with the formation of Compagnie Francaise de Raffinage in which Total held 55%. In 1930, the French government took up a 25% interest in the company and later increased this to 34%, although Total retained managerial independence. After the Second World War, developments included the start of production at Basrah in Iraq, the development of oil in Qatar, discoveries in Algeria in association with SN Repal, and participation in the Iranian consortium created in 1954 (6% interest).

The Group is a leading player on the European refining and marketing scene, having an interest in 29 refineries and operating a network of more than 20000 service stations concentrated primarily in Europe and Africa.TOTAL’S chemicals activities include a petrochemicals segment, typically associated with major integrated oil companies, intermediate and performance chemicals, as well as a specialty chemicals segment focusing on industrial rubber processing and a range of coatings including paints, resins, adhesives and metallization.

General Information
Organisation Type/Location: Company in France
Previous Name: TotalFinaElf
Listing(s):
Exchange Market Name ISIN
New York Stock Exchange
Business Sector(s): Oil and Gas – Crude Petroleum and Natural Gas Extraction, Petroleum and Petroleum Products Wholesalers
Related Organisations
has a share in: Elf Aquitaine, France
has a share in: Elf Congo (80%) – Pointe-Noire, Congo
has a share in: Elf Exploration Angola – Luanda, Angola
has a share in: Elf Petroleum Nigeria Ltd – Lagos, Nigeria
has a share in: Petrofina S.A. (99%) – Luanda, Angola
has a share in: Shell Petroleum Development Company of Nigeria Ltd (10%) – Lagos, Nigeria
has a share in: Societe d’Etudes de Recherches et d’Exploitation des Petroles du Cameroun (80%) – Douala, Cameroon
has a share in: The Village TOTAL – Tlokweng – Gaborone, Botswana
has a share in: TOTAL, Democratic Republic of The Congo
has a share in: TOTAL, Tunisia
has a share in: TOTAL Angola – Luanda, Angola
has a share in: Total Centrafricaine de Gestion, Central African Republic
has a share in: Total Chad – N’Djamena, Chad
has a share in: Total Côte d’Ivoire – Abidjan, Côte d’Ivoire
has a share in: Total Exploration Gabon, Gabon
has a share in: Total Ghana Ltd – Accra, Ghana
has a share in: Total Kenya Ltd – Nairobi, Kenya
has a share in: TOTAL Lesotho, Lesotho
has a share in: TOTAL Mauritius – Port Louis, Mauritius
has a share in: TOTAL Mer Rouge SA (Ethiopia) – Addis Ababa, Ethiopia
has a share in: TOTAL Mocambique SARL – Matola, Mozambique
has a share in: TOTAL Namibia (Pty) Ltd – Windhoek, Namibia
has a share in: TOTAL Nigeria Plc – Lagos, Nigeria
has a share in: Total Oil Trading Southern Africa (Pty) Ltd – Cape Town, South Africa
has a share in: TOTAL Senegal – Dakar, Senegal
has a share in: TOTAL South Africa (Pty) Ltd (50.1%) – Johannesburg, South Africa
has a share in: TOTAL Swaziland (Pty) Ltd – Manzini, Swaziland
has a share in: TOTAL Zimbabwe (Pvt) Ltd – Harare, Zimbabwe
has a share in: Total-Fina Gabon S.A. – Libreville, Gabon
has a share in: Vanco Gabon Group (28%) – Libreville, Gabon
Facilities
has a share in: Agadem Block – Niger – Onshore Concession in Niger
has a share in: Belize Field – Oil Field in Block 14, Angola
has a share in: Block 14 – Angola – Offshore Concession in Cabinda, Angola (20%)
has a share in: Block 2 Area 92 – Angola – Offshore Concession in Angola (40%)
has a share in: Block 31 – Angola: Plutão 1 – Offshore Concession in Angola (5%)
has a share in: Block 33 – Angola – Offshore Concession in Angola (15%)
has a share in: Block E – Equatorial Guinea – Offshore Concession in Equatorial Guinea (70%)
has a share in: Cabinda South – Angola – Onshore Concession in Angola (45%)
has a share in: East Mibale Field – DRC – Oil Field in onshore, Democratic Republic of The Congo (54.55%)
has a share in: Indeni Refining Company – Simple Oil Refinery in Ndola, Zambia (50%)
has a share in: Liawenda – Kinkasi Field – DRC – Oil Field in onshore, Democratic Republic of The Congo (55%)
has a share in: Lobito Field – Oil Field in Block 14, Angola
has a share in: Muanda – Banana Field – DRC – Oil Field in onshore, Democratic Republic of The Congo (55%)
has a share in: Onshore Soyo Field – Angola – Oil Field in Angola
has a share in: Petroleos de Angola (Petrangol) – Simple Oil Refinery in Angola (55.6%)
has a share in: Societe Africaine de Raffinage (SAR] – Simple Oil Refinery (54.6%)
has a share in: Societe Gabonaise de Raffinage (SOGARA) – Simple Oil Refinery in Port Gentil, Gabon (43.8%)
has a share in: Societe Ivoirienne de Raffinage (SIR) – Simple Oil Refinery in Abidjan, Côte d’Ivoire (25.4%)
has a share in: Société Nationale de Raffinage (SoNaRa) – Simple Oil Refinery in Limbe, Cameroon (18%)
has a share in: Soku Field – Nigeria – Oil Field in Akuku-Toru, Nigeria
has a share in: Tin Fouye Field – Oil Field in TFT Block, Algeria
has a share in: Tomboco Field – Oil Field in Block 14, Angola
operates: Anton Marin – Gabon – Offshore Concession in Gabon
operates: Astrid Marin – Gabon – Offshore Concession in Gabon
Projects
owns: Alaskan drilling project
owns: Jubail export refinery
owns: Kuito Phase 1C Development – Block 14 – Angola
owns: Lindsey oil refinery expansion
owns: Lobito Field Development Block 14 – Angola (20%)
owns: Qatargas-2 LNG prpject
owns: Soku Field Development – Nigeria (10%)
owns: Yemen liquefied natural gas (YLNG) project (42.9%)
Industry Activities by Country
Crude Petroleum and Natural Gas Extraction – Angola
Through its subsidiary, Total Angola, TotalFinaElf has interests in several producing oilfields in offshore Angola.
Crude Petroleum and Natural Gas Extraction – Cameroon
Through it subsidiary, Elf Serepca, TotalFinaElf have interests in several producing oilfields in Cameroon.
Crude Petroleum and Natural Gas Extraction – Congo
Through subsidiary Elf Congo, TotalFinaElf has exploration and producing interests in several fields in the Congo.
Crude Petroleum and Natural Gas Extraction – Congo
The Beach House offers a luxurious and stylish bed and breakfast experience in exceptional comfort. The Beach House is luxuriously situated on Port Alfred’s beach front. Tastefully decorated in a relaxed atmosphere.
Crude Petroleum and Natural Gas Extraction – Democratic Republic of The Congo
Through a local subsidiary, TotalFinaElf produces oil from several onshore oilfields.
Crude Petroleum and Natural Gas Extraction – Nigeria
Through subsidiary Elf Oil Nigeria, TotalFinaElf has a 40% interest in several producing wells as well as interests in several concessions in Nigeria.
Directors/Managers
President, Africa Division: Mr M Benezit (Michel)
Vice-President, Central Europe & Continental Asia: Mr A Breuillac (Arnaud)
Vice-President: Mr C Brice (Claude)
Vice-President, Sub-Saharan Africa: Mr JM Salvadori (Jean Michel)

Shaun Bakamoso

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