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Related Party Transactions
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
Receivables, payables, revenues and expenses which are included in our consolidated financial statements for all transactions with related parties, defined as entities related to our directors and main shareholders as well as the partners of our consolidated joint ventures, were as follows.
Trade receivables consisted of receivables due from following related parties:
 
December 31,
(In millions)
2019
 
2018
TP JGC Coral France SNC
$
40.1

 
$
31.6

TTSJV WLL
22.4

 

TOP CV

 
10.9

Anadarko Petroleum Company

 
4.9

Others
14.3

 
14.3

Total trade receivables
$
76.8

 
$
61.7


TP JGC Coral France SNC and TTSJV W.L.L. are equity method affiliates. TOP CV was previously an equity method affiliate.
A member of our Board of Directors (the “Director”) served on the Board of Directors of Anadarko Petroleum Company (“Anadarko”) until August 2019. In August 2019, Anadarko was acquired by Occidental Petroleum Corporation (“Occidental”). As a result, the Director no longer serves as a member of the Board of Directors of Anadarko. The Director is not an officer or director of Occidental.
Trade payables consisted of payables due to following related parties:
 
December 31,
(In millions)
2019
 
2018
Chiyoda
$
24.8

 
$
70.0

JGC Corporation
15.1

 
69.5

IFP Energies nouvelles
2.4

 
2.4

Dofcon Navegacao
2.1

 
2.5

Magma Global Limited

 
0.6

Anadarko Petroleum Company

 
0.7

Others
6.7

 
2.9

Total trade payables
$
51.1

 
$
148.6


Dofcon Navegacao and Magma Global Limited are equity method affiliates. JGC Corporation and Chiyoda are joint venture partners on our Yamal project. A member of our Board of Directors is an executive officer of IFP Energies nouvelles.
Additionally, we have note receivable balance of $65.2 million and $130.0 million as of December 31, 2019 and 2018, respectively. The note receivables balance includes $62.5 million and $119.9 million with Dofcon Brasil AS at December 31, 2019 and 2018, respectively. Dofcon Brasil AS is a VIE and accounted for as an equity method affiliate. These are included in other assets on our consolidated balance sheets.
Revenue consisted of amount from following related parties:
 
Year Ended December 31,
(In millions)
2019
 
2018
 
2017
TTSJV W.L.L.
$
127.9

 
$

 
$

TP JGC Coral France SNC
110.4

 
118.2

 
69.9

Anadarko Petroleum Company
67.1

 
124.8

 
111.3

TOP CV
11.9

 
7.2

 

Storengy
8.8

 

 

Dofcon Navegacao
8.4

 
2.9

 

Techdof Brasil AS
8.3

 
7.0

 

JGC Corporation
6.7

 

 

Others
30.1

 
33.2

 
56.9

Total revenue
$
379.6

 
$
293.3

 
$
238.1

A member of our Board of Directors serve on the Board of Directors for Storengy.
Expenses consisted of amount to following related parties:
 
Year Ended December 31,
(In millions)
2019
 
2018
 
2017
Chiyoda
$
25.1

 
$
53.0

 
$
44.1

JGC Corporation
20.8

 
81.2

 
46.8

Arkema S.A.
18.9

 
2.6

 

Serimax Holdings SAS
17.7

 
0.1

 

Magma Global Limited
7.3

 
3.0

 

TP JGC Coral France SNC
5.0

 

 

Jumbo Shipping
4.5

 

 

IFP Energies nouvelles
3.8

 
4.4

 

Creowave OY
2.6

 
1.9

 
4.7

Amaja Oil
2.0

 

 

Altus Intervention
1.8

 

 

Competentia
1.6

 

 

Others
31.3

 
8.5

 
45.8

Total expenses
$
142.4

 
$
154.7

 
$
141.4


Serimax Holdings SAS is an equity affiliate. Amaja Oil is a joint venture partner. We own a minority interest in a Creowave OY joint venture. Members of our Board of Directors serve on the Board of Directors for Arkema S.A., Altus Intervention, Jumbo Shipping and Competentia.