ABERDEEN, Scotland, Sept 3 (Reuters) - French energyproducer Total could invest up to $10 billion in theNorth Sea over the next five years but cost discipline must bemaintained as a matter of urgency, Chief Executive OfficerPatrick Pouyanne said on Tuesday.
As part of its efforts to cut costs the company had lookedat joint oil and gas infrastructure decommissioning in theregion with peers Shell and BP, Pouyanne told anindustry conference in Aberdeen, Scotland.
He added that Total intended to participate in an upcomingoffshore wind bid round in Scotland as the firm continues toexpand investments in low carbon and renewable energy.
Total was not limited by funds to invest in low carbon powerprojects, but by the capacity to develop projects, he said.(Reporting by Shadia Nasralla; editing by Jason Neely)
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