GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTTA.L Regulatory News (TTA)

  • There is currently no data for TTA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Total Makes Significant Discovery And Opens A New Petroleum Province Offshore South Africa

7 Feb 2019 07:33

Total (Paris:FP) (LSE:TTA) (NYSE:TOT) has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa.

The Brulpadda well encountered 57 meters of net gas condensate pay in Lower Cretaceous reservoirs. Following the success of the main objective, the well was deepened to a final depth of 3,633 meters and has also been successful in the Brulpadda-deep prospect.

“We are very pleased to announce the Brulpadda discovery which was drilled in a challenging Deepwater environment”, said Kevin McLachlan, Senior Vice President Exploration at Total. “With this discovery, Total has opened a new world-class gas and oil play and is well positioned to test several follow-on prospects on the same block.”

Total drilled this exploration well with the latest generation drilling ship and was able to leverage its experience in similar environments, such as the West of Shetland, UK.

Following the success of Brulpadda and confirmation of the play potential, Total and its partners plan to acquire 3D seismic this year, followed by up to four exploration wells on this license.

The Block 11B/12B covers an area of 19,000 square kilometers, with water depths ranging from 200 to 1,800 meters, and is operated by Total with a 45% working interest, alongside Qatar Petroleum (25%), CNR international (20%) and Main Street, a South African consortium (10%).

* * * * *

About Total in South Africa

Total has been present in South Africa since 1954. The Group is active on the whole oil and gas value chain and directly employs 1,000 people in the country.

Upstream, Total has developed oil and gas exploration activities in the Outeniqua basin with operating interests in two blocks, 11B /12B and South Outeniqua.

Downstream, Total, which is ranked in the top four petroleum products market companies in South Africa, operates about 550 service stations throughout the country and is present in all other business segments (lubricants, B2B, aviation, LPG, other specialties).

It also has interest in the Natref refinery in Sasolburg.

Through our SunPower affiliate, Total has also been developing solar projects and locally producing photovoltaic panels. Since 2016, its Prieska solar power plant (installed capacity of 75 megawatt-peak), located in the Northern Cape, has been supplying electricity to the equivalent of 70,000 households.

About Total

Total is a major energy player, which produces and markets fuels, natural gas and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.

* * * * *

Cautionary note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TOTAL S.A. directly or indirectly owns investments are separate legal entities. TOTAL S.A. has no liability for their acts or omissions. In this document, the terms “Total” and “Total Group” are sometimes used for convenience where general references are made to TOTAL S.A. and/or its subsidiaries. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them.

This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TOTAL S.A. nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise.

TotalMedia Relations: +33 1 47 44 46 99 l presse@total.com l @TotalPressInvestor Relations: +44 (0)207 719 7962 l ir@total.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20190206005845/en/

Copyright Business Wire 2019

Date   Source Headline
12th Dec 201910:10 amBUSTOTAL S.A.: Statement in Compliance With the Article 223-16 of the General Regulation of the Financial Markets Authority (Autorité des marchés financiers) 
10th Dec 20194:10 pmBUSLibya: Agreement Between NOC and Total Endorsing the Group’s Entry into the Waha Concessions
10th Dec 20191:15 pmBUSTotal Voting Rights
10th Dec 20197:25 amBUSCiteo, Total, Recycling Technologies, Mars and Nestlé Join Forces to Develop Chemical Recycling of Plastics in France
5th Dec 20195:28 pmBUSDisclosure of Transactions in Own Shares
4th Dec 20198:10 amBUSClean Marine Fuels : Total Will Supply LNG to CMA CGM’s Future Containerships in Marseille
4th Dec 20197:56 amBUSClean Marine Fuels: Total and Mitsui O.S.K. Lines Charter the 1st LNG Bunker Vessel to Operate in France
28th Nov 20195:38 pmBUSTOTAL: Disclosure of Transactions in Own Shares
27th Nov 20197:30 amBUSTotal Inaugurates New Caledonia’s Largest Solar Power Plant With Energy Storage
22nd Nov 20197:48 amBUSRenewables: Total Continues to Expand its Footprint in Southeast Asia in Distributed Solar
21st Nov 20195:30 pmBUSDisclosure of Transactions in Own Shares
20th Nov 20197:30 amBUSTotal: Renewables & Energy Storage : Saft to Build the Largest Lithium-Ion Energy Storage System in the Nordic Countries
19th Nov 20197:00 amRNSAdmission of securities to the official list
15th Nov 20197:20 amBUSBrazil: Total Announces First Oil from Iara
14th Nov 20195:42 pmBUSTOTAL: Disclosure of Transactions in Own Shares
14th Nov 20193:25 pmBUSTOTAL S.A.: Statement in Compliance With the Article 223-16 of the General Regulation of the Financial Markets Authority (Autorité des marchés financiers)
13th Nov 20197:25 amBUSAbu Dhabi: ADNOC and Total Innovate in the Field of Seismic Acquisition with the Use of Unmanned Drones and Vehicle
8th Nov 20197:30 amBUS2019 Climate Report: Total Reviews Its Membership in Industry Associations in Line With Their Climate Stance
7th Nov 20195:38 pmBUSDisclosure of Transactions in Own Shares
30th Oct 201912:50 pmBUSThird quarter 2019 results
30th Oct 201911:04 amBUSBrunei: Total Sells Its Interest in Offshore Block CA1
30th Oct 20197:29 amBUSDividend Declaration
24th Oct 20197:50 amBUSFrance: Total Tops Rankings in Call for Tenders for Rooftop Solar Installations
24th Oct 20197:20 amBUSTotal Dedicates Its $400 Million Global Venture Fund to Carbon Neutrality
22nd Oct 20197:20 amBUSPlastics Recycling: Total Announces Plans to Double Its Capacity of Recycled Polypropylene for the Automotive Industry
21st Oct 20197:20 amBUSChina: Total and Zhejiang Energy Group Join Forces to Develop the Growing Low Sulfur Marine Fuel Market
18th Oct 20197:23 amBUSNew Marine Fuels: Total’s First LNG Bunker Vessel Launched
18th Oct 20197:20 amBUSTotal Opens a Digital Factory to Further its Ambition of Becoming the Responsible Energy Major
15th Oct 20197:30 amBUSTrading Statement
14th Oct 201910:46 amBUSDeutsche Post DHL Group and Total Reinforce Their Worldwide Collaboration on Energy Solutions and Innovative Logistics
14th Oct 20197:00 amBUSTotal Expands Its Strategic Partnership With Adani to Supply and Market Natural Gas in India
10th Oct 20195:05 pmBUSBrazil: Total Expands Pre-Salt Footprint With New Deep Offshore Exploration License
9th Oct 20193:33 pmBUSStatement in Compliance With the Article 223-16 of the General Regulation of the Financial Markets Authority (Autorité des marchés financiers)
8th Oct 20197:25 amBUSTotal Launches Construction of Its Third Solar Power Plant in Japan
7th Oct 20197:25 amBUSTotal: Norway: Johan Sverdrup Giant Field Starts up in the North Sea
30th Sep 20197:20 amBUSTotal Closes the Acquisition of Anadarko’s Shareholding in Mozambique LNG
24th Sep 20193:45 pmBUSTotal: 2019 Strategy & Outlook Presentation
24th Sep 20197:22 amBUSTotal Board of Directors Decides to Accelerate Dividend Growth With a Guidance of Increasing the Dividend by 5 to 6% Per Year
17th Sep 20197:25 amBUSTotal: South Korea: Hanwha Total Petrochemical Increases Ethylene Production Capacity by 30%
16th Sep 20194:16 pmBUSTotal Voting Rights - Replacement
16th Sep 20194:06 pmBUSTotal Voting Rights - Replacement
16th Sep 201911:23 amBUSTOTAL S.A.: Statement in Compliance With the Article 223-16 of the General Regulation of the Financial Markets Authority (Autorité des marchés financiers)
16th Sep 201910:38 amBUSTotal and Envision Join Forces to Capture the Fast-growing Distributed Solar Energy Market in China
12th Sep 20195:18 pmBUSTOTAL: Disclosure of Transactions in Own Shares
5th Sep 20195:31 pmBUSTotal: Disclosure of Transactions in Own Shares
5th Sep 20197:25 amBUSTotal: Russia: Launch of the Giant Arctic LNG 2 Development
2nd Sep 201910:53 amBUSTotal Executive Committee Appointments
29th Aug 20195:19 pmBUSTOTAL: Disclosure of Transactions in Own Shares
29th Aug 20193:25 pmBUSTotal: Uganda: Termination of the Agreement With Tullow
27th Aug 20197:25 amBUSTotal Strengthens Its International Partnership with Qatar Petroleum

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.