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Total S.A.

Company Detail

Description

Total S.A. is a French oil firm engaged in the exploration, production, transportation, refining, distribution and sale of crude oil, gas, and petroleum products. It is also active in solar and electric power, and biofuels and petrochemicals. With operations in more than 130 countries on five continents, Total has more than 16,400 service stations worldwide. Its products include natural gas, LPG, gasoline, paraffin, diesel, plastic resins, lubricants, adhesives, rubber, asphalt, fertilizers, jet fuel and ethanol. The company, which is present in 13 Latin American countries, is involved in exploration and production activities and lubricant sales, and has interests in various natural gas transport companies. Total's near-term regional projects include Vega Pléyade (70,000boe/d) in Argentina, Incahuasi (50,000boe/d) in Bolivia and the Libra extended well testing program (50,000boe/d) in Brazil. The company agreed to acquire battery maker Saft for US$1.1b which will improve Total's development in the fields of renewable energy and electricity. It was founded in 1924 as Compagnie Française des Pétrole but was later renamed Total. It is headquartered in Paris, France.

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