Total is buying Maersk Oil in a $7.45 billion deal which the French oil major said would boost its earnings and cash flow, and bolster its dividend prospects. Danish company AP Moller Maersk is selling its Maersk Oil division to Total to focus on other activities including its shipping business. Under the terms of the […]
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Total Group has invested $10 billion into Nigeria’s oil and gas industry, Managing Director/Chief Executive, Total Upstream Companies in Nigeria, Mr. Nicolas Terraz, has said. Terraz stated this at the 2017 Nigeria Annual International Conference and Exhibition (NAICE) of the Society for Petroleum Engineers (SPE) where he explained that the $10 billion investment figure was […]
Read More Total Nigeria Plc has signed a Solar Home Solution distribution agreement with Blackbit Limited. This solar product distribution partnership is aimed at facilitating seamless nationwide access to solar energy products to bridge the energy gap in homes and optimally ensure customer satisfaction. This partnership will enable Blackbit distribute Solar Home Solutions from the TOTAL Energy […]
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The Nigerian National Petroleum Corporation has said it has engaged its joint venture partners, Chevron and Total, to build power plants in Obite and Agura. The Group Managing Director, NNPC, Dr. Maikanti Baru, stated this at the ongoing Offshore Technology Conference in Houston, Texas, United States. The GMD, who was represented by the Chief Operating […]
Read More French energy company, Total expects a drop in last year’s results but does not plan to cut jobs as peer British Petroleum has done to weather low oil prices, its Chief Executive, Patrick Pouyanne, said this during an interview with reporters. According to Reuters, he said the group had the financial capacity to weather low […]
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