0001193125-17-356287.txt : 20171130 0001193125-17-356287.hdr.sgml : 20171130 20171130060514 ACCESSION NUMBER: 0001193125-17-356287 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20171130 FILED AS OF DATE: 20171130 DATE AS OF CHANGE: 20171130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOTAL S.A. CENTRAL INDEX KEY: 0000879764 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10888 FILM NUMBER: 171229879 BUSINESS ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: LA DEFENSE 6 CITY: COURBEVOIE STATE: I0 ZIP: 92400 BUSINESS PHONE: 33147444546 MAIL ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: ARCHE NORD COUPOLE/REGNAULT CITY: PARIS LA DEFENSE CEDEX STATE: I0 ZIP: 92078 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SA DATE OF NAME CHANGE: 20030508 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL FINA ELF SA DATE OF NAME CHANGE: 20001010 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL FINA SA DATE OF NAME CHANGE: 19990713 6-K 1 d497296d6k.htm 6-K 6-K
Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

November 30, 2017

Commission File Number 001-10888

 

 

TOTAL S.A.

(Translation of registrant’s name into English)

 

 

2, place Jean Millier

La Défense 6

92400 Courbevoie

France

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒             Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):   ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ☐            No  ☒

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-            .)

TOTAL S.A. is providing on this Form 6-K a description of certain recent developments relating to its business.

 

 

 


Table of Contents

TABLE OF CONTENTS

SIGNATURES

Exhibit Index

 

EX-99.1:    Total sells its fuel marketing activities in Italy and focuses on the lubricants business (November 3, 2017)
EX-99.2:    Marie-Noëlle Semeria appointed Senior Vice President, Group Chief Technology Officer at Total (November 7, 2017)
EX-99.3:    Total’s position on the Paradise Papers (November 7, 2017)
EX-99.4:    Total acquires Engie’s upstream LNG business and becomes the second largest global LNG player (November 8, 2017)
EX-99.5:    Total pledges to offset carbon emissions from all company plane travel through the Adilabad biogas project with the GoodPlanet Foundation (November 20, 2017)
EX-99.6:    Eight energy companies commit to reduce methane emissions within natural gas industry (November 22, 2017)
EX-99.7:    Norway: Total sells its interest in the Martin Linge field to Statoil (November 27, 2017)
EX-99.8:    Brazil’s giant Libra field comes on stream (November 27, 2017)


Table of Contents

EXHIBIT INDEX

 

EX-99.1:    Total sells its fuel marketing activities in Italy and focuses on the lubricants business (November 3, 2017)
EX-99.2:    Marie-Noëlle Semeria appointed Senior Vice President, Group Chief Technology Officer at Total (November 7, 2017)
EX-99.3:    Total’s position on the Paradise Papers (November 7, 2017)
EX-99.4:    Total acquires Engie’s upstream LNG business and becomes the second largest global LNG player (November 8, 2017)
EX-99.5:    Total pledges to offset carbon emissions from all company plane travel through the Adilabad biogas project with the GoodPlanet Foundation (November 20, 2017)
EX-99.6:    Eight energy companies commit to reduce methane emissions within natural gas industry (November 22, 2017)
EX-99.7:    Norway: Total sells its interest in the Martin Linge field to Statoil (November 27, 2017)
EX-99.8:    Brazil’s giant Libra field comes on stream (November 27, 2017)


Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  TOTAL S.A.
Date: November 30, 2017   By:  

/s/ ANTOINE LARENAUDIE

    Name:   Antoine LARENAUDIE
    Title:   Treasurer
EX-99.1 2 d497296dex991.htm EX-99.1 EX-99.1

EXHIBIT 99.1

 

LOGO

Press Release

Total sells its fuel marketing activities in Italy

and focuses on the lubricants business

Paris, November 3, 2017 – Total and Erg have signed an agreement1 with the Italian Group API to sell their fuel marketing and refining assets in the TotalErg joint venture (Erg 51%, Total 49%). Following the divestment of the LPG and Commercial Sales businesses, this third transaction completes the sale of all TotalErg’s assets, for a total amount of around €750 million.

In parallel with this agreement, Total is reinforcing its lubricants business in Italy by buying out Erg’s 51% stake in the lubricants activities of the joint venture that will consequently be terminated.

Created in 2010 by merging the Total and Erg activities, TotalErg is the fourth-largest fuel marketer in Italy, a fragmented market where the profitability outlook was not in line with the Group’s expectations despite the joint efforts of the two shareholders. The lubricants market, however, does offer satisfactory growth perspectives and this consolidation is in line with the Group strategy in this business sector.

The successful monetization of these mature activities in a challenging market is another example of our active portfolio management strategy in Marketing & Services. It also helps reduce our refining capacity in Europe while taking advantage of a favorable market,” said Momar Nguer, President, Marketing & Services. “The buyout from Erg of the lubricants activity allows us to focus and expand this high-return business. In addition, we will maintain our presence in the truck refueling business in Italy with our European network AS24, as well as in aviation fuels.”

Total in Italy

Total has been present in Italy for 60 years. The Group markets aviation and truck fuel, lubricants, additives, special fluids and related services. In addition, it operates the Tempa Rossa oil field, currently under development, and has interests in five other exploration blocks (four of which it operates), all located in the same region of the southern Apennines.

 

1  Subject to the approval of the relevant authorities.


Total affiliates, Hutchinson in materials, Saft in batteries and SunPower in solar panels distribute their products in the country.

About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.

www.total.com

* * * * *

Total contacts

Media Relations: +33 1 47 44 46 99 | presse@total.com | @TotalPress

Investor Relations: +44 (0)207 719 7962 | ir@total.com

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.

EX-99.2 3 d497296dex992.htm EX-99.2 EX-99.2

EXHIBIT 99.2

 

LOGO

Press Release

Marie-Noëlle Semeria Appointed Senior Vice President,

Group Chief Technology Officer at Total

Paris, November 7, 2017 Marie-Noëlle Semeria has been appointed Senior Vice President, Group CTO at Total, effective November 2nd, 2017.

 

     LOGO

  

Marie-Noëlle Semeria began her career at Sagem, the high-tech unit of the SAFRAN Group before joining the French start-up PixTech in 1994 and CEA in 1996.

 

During her previous 20 years at CEA, she held various senior-management and strategy-development positions, and secured numerous patents. She has also served during 4 years as a member of the National Committee of CNRS and of the Superior Council of Research and Technology under the presidence of the Minister of Research and Education, as well as a member of the board of ANR, and of the Coordinating Committee of the Allistene alliance, the science and digital technology

alliance. Before leading Leti, she was chief scientist for CEA Tech, the CEA research unit that includes Leti, Liten and List, in charge of the regional extension of CEA Tech and academic partnerships. She has been appointed to the CNRS Board, the ENSAM Research Committee and Mines ParisTech Research Committee.

Marie-Noëlle Semeria became CEO of Leti, Institute of CEA- Technological Research, in October 2014. She was also named president of the Carnot Institutes Network, an association of more than 30 French research centers and laboratories committed to innovate with industry.

Doctor of science in solid-state physics from Joseph Fourier University in Grenoble (1987), in 2011, she was awarded the Legion of Honor, and in 2015 the French Order of Merit, France’s highest professional accolades.

About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.


* * * * *

Total contacts

Media Relations: +33 1 47 44 46 99 | presse@total.com | @TotalPress

Investor Relations: +44 (0)207 719 7962 | ir@total.com

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.

EX-99.3 4 d497296dex993.htm EX-99.3 EX-99.3

EXHIBIT 99.3

 

LOGO

Press Release

Total’s Position on the Paradise Papers

Paris, November 13, 2017 Following the Paradise Papers investigation conducted by the International Consortium of Investigative Journalists (ICIJ), some media reports implied that Total has affiliates in Bermuda for tax reasons.

Total would once again like to emphasize that it abides by a responsible tax policy (available at total.com):

 

  -   The formation of Total affiliates is not driven by tax reasons.

 

  -   It is driven by business operations. One reason may be the need to hold accounts in dollars, which cannot be done under French business law, to avoid foreign exchange exposure.

 

  -   In 2012, the Group made a public commitment not to create affiliates in countries generally acknowledged as tax havens and to exit from such countries, where feasible.

 

  -   To demonstrate that this commitment is being met and in the interest of full transparency, Total has since 2015 published in its Registration Document the full list of its consolidated affiliates, together with their countries of incorporation and of operations.

 

  -   Of the approximately 30 entities concerned in 2012, only 13 were left at December 31, 2016; Total does not have decision-making authority for ten of those.

 

  -   Also since 2015, Total has published an annual report covering the payments made by the Group’s extractive affiliates to governments.

Consistent with its policy of transparency, Total met with journalists from the investigative consortium and responded to all their questions. In this regard, Total would like to correct certain misrepresentations about the Group entities cited in the investigation:

 

  -   Total confirms that its investments in the Dolphin natural gas production and pipeline project and the Qatargas liquefied natural gas project, in Qatar and the United Arab Emirates, were held through companies incorporated in Bermuda.

 

  -   Total has never sought to conceal the existence of those entities.

 

  -   Those companies did not result in any form of tax optimization.


  -   They were set up under non-French legislation to avoid foreign exchange exposure by holding accounts in dollars, while being subject to exactly the same taxation as if the investments had been made via a French company.

 

  -   From their creation in 2002 through December 31, 2010, those companies were subject to French tax rules and French corporate tax under France’s worldwide tax consolidation regime.

 

  -   Even after this regime was cancelled in 2011, Total did not derive any tax benefit from having those companies in Bermuda compared to companies incorporated under French law.

 

  -   Those companies were transferred to France in 2015 as part of the above-mentioned commitment made in 2012.

About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.

* * * * *

Total contacts

Media Relations: +33 1 47 44 46 99 | presse@total.com | @TotalPress

Investor Relations: +44 (0)207 719 7962 | ir@total.com

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.

EX-99.4 5 d497296dex994.htm EX-99.4 EX-99.4

EXHIBIT 99.4

 

LOGO

Press Release

Total acquires Engie’s upstream LNG business and becomes the second

largest global LNG player

Paris, November 8, 2017 – Total has signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.49 billion. This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. Additional payments of up to $ 550 million could be payable by Total in case of an improvement in the oil markets in the coming years.

The acquisition of Engie’s upstream LNG business enables Total to accelerate the implementation of its strategy to integrate along the full gas value chain, in an LNG market growing strongly at 5% to 6% per year. The combination of these two complementary portfolios will allow the Group to manage an overall volume of around 40 million tonnes of LNG per year by 2020, making Total the second largest global player among the majors with a worldwide market share of 10%”, commented Patrick Pouyanné, Chairman & Chief Executive Officer of Total. “With the equity stake in the Cameron LNG project, Total will also become an integrated player in the US LNG market, where the Group is already a gas producer”.

The proposed transaction is subject to the applicable legally required consultation and notification processes with employee representatives as well as approvals by the relevant regulatory authorities and partners on certain contracts. The transaction is expected to close by mid 2018 and will have an effective date of 1st January 2018.

Following the transaction, Total will take over the teams in charge of the LNG activities at Engie, which represents around 180 employees.

In addition, in parallel with this transaction, Total and Engie agreed to cooperate to promote the use of biogas and renewable hydrogen, with Engie becoming Total’s priority supplier in this field.


This transaction will bring to Total

 

    2.5 MTPA of liquefaction capacity to reinforce Total’s existing portfolio, bringing it to 23 MTPA by 2020, with :  

 

    16.6% equity stake in the Cameron LNG liquefaction plant with 3 trains currently under construction in Louisiana and the potential to expand by adding two further trains.  

 

    5% equity stake in the first train of the Idku LNG project in Egypt.  

 

    A portfolio of long-term LNG purchase and sale contracts, enabling the Group in increase its overall portfolio to 28 MTPA by 2020, with a diversified supply from Algeria, Nigeria, Norway, Russia, Qatar and the USA, and outlets balanced between Europe and Asia.  

 

    The access to regasification capacities of 14 MTPA in Europe, which, combined with the existing 4 MTPA of Total, allows the Group to balance its consolidated purchase and sales portfolio.  

 

    A fleet of 10 LNG tankers which will be consolidated with the 3 LNG carriers of Total.  

Overall, combining its interests in liquefaction plants and its portfolio of third party supply contracts, the Group will manage a global volume of nearly 40 MTPA.

About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.

* * * * *

Total contacts

Media Relations: +33 1 47 44 46 99 | presse@total.com | @TotalPress

Investor Relations: +44 (0)207 719 7962 | ir@total.com

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.

EX-99.5 6 d497296dex995.htm EX-99.5 EX-99.5

EXHIBIT 99.5

 

LOGO   LOGO

Press Release

Total Pledges to Offset Carbon Emissions

From All Company Plane Travel

Through the Adilabad Biogas Project

With the GoodPlanet Foundation

Paris, November 20, 2017 Yann Arthus-Bertrand, President of the GoodPlanet Foundation, and Patrick Pouyanné, Chairman and Chief Executive Officer of Total, today signed an agreement for a project to deploy 8,400 biodigesters in Telangana State, India, to improve the lives of 45,000 people and contribute tackling climate change. This voluntary carbon neutrality initiative, eligible for certified carbon credits, will avoid the emission of 50,000 tons of carbon dioxide equivalent a year for a period of 10 years. That is equivalent to all emissions generated by plane travel by Total employees.

Designed for use by households, biodigesters utilize a fermentation process to convert livestock manure into biogas for cooking and hot water. The solids that remain after fermentation are then used as a nutrient source for crops. Millions of households in India use wood as their primary fuel. The Adilabad project will provide around 45,000 disadvantaged people with renewable, clean, affordable energy. The benefits will include:

 

    A strong, positive environmental impact, by limiting deforestation.

 

    An important social impact, by reducing or completely eliminating the time women and children spend gathering wood.

 

    Improved health and living conditions, especially for women and children, by reducing the risk of respiratory and eye infections caused by indoor air pollution.

 

    Reduced spending on fuel for cooking and synthetic fertilizers.

“Since 2006, I have been encouraging companies and individuals to offset the greenhouse gas emissions generated by their air travel. That’s why the GoodPlanet Foundation has created the Social Carbon Offsets programme. Our projects are eligible for certified carbon credits and deliver positive outcomes for local communities that can be measured in terms of the 17 UN Sustainable Development Goals. I’m very pleased that Total will be working with us to measure, reduce and offset carbon emissions from its air travel in a project that will provide 45,000 people in India with clean energy,” stated Yann Arthus-Bertrand, President of the GoodPlanet Foundation.

“We are delighted to partner with the GoodPlanet Foundation, recognized for its commitment to environmental, climate and social issues. The project is aligned with Total’s broader strategy to tackle climate change and make us the responsible energy major. It also delivers significant benefits in terms of access to affordable, reliable, clean energy for as many people as possible,” commented Patrick Pouyanné, Chairman and Chief Executive Officer of Total.

This project in India was selected because of the country’s pivotal role in achieving the Paris Climate Agreement’s 2°C objective and because of the GoodPlanet Foundation’s expertise in the region. The Adilabad project is starting up this month. The first biodigesters will be operational in 2018.


At the same time, Total will also set up initiatives to increase employee awareness of their carbon footprint and ways to offset air travel, with the support of the GoodPlanet Foundation, specialized in environmental education and concrete action.

The carbon offsetting program comes on top of the reduction of the carbon dioxide equivalent emissions associated with Total employees’ plane travel. Since 2014, these emissions have decreased by 20%.

 

Total, the Climate and Carbon Emissions: An All-Encompassing Strategy

Total integrates climate issues into its strategy and is reducing the carbon intensity of its activities:

 

    In the energy mix supplied to customers: Total is aiming to have low-carbon businesses account for nearly 20% of its portfolio in 20 years’ time through a proactive strategy in the natural gas downstream, its exit from coal, and large-scale development of gas-fired or renewables-base power generation and in energy storage.  

 

    In its facilities: Since 2010, a 24% reduction in CO2 emissions from oil- and gas-related operations, thanks in large part to reducing routine flaring to eliminate it by 2030, mitigating methane emissions and improving energy efficiency by 1% per year.  

 

    In the way its products are used, thanks in particular to the “Total Ecosolutions” lineup: 8 million tons of carbon emissions have been avoided since it was introduced in 2009.  

 

    By offering energy efficiency services to customers through its affiliates GreenFlex, BHC Energy and Tenag and its fuel marketing affiliates in France.  

 

    By investing in carbon capture, utilization and storage: Launch of an industrial-scale storage project in Norway this year and up to 10% of the R&D budget allocated to CCUS technology.  

 

    By advocating carbon pricing: Total includes a carbon price of $30 to $40 per ton in its project costs, is a member of the World Bank’s Carbon Pricing Leadership Coalition and has joined the Climate Leadership Council’s initiative to introduce a carbon tax in the United States.  

 

    By taking part in various industry or international organizations, with the creation of the Oil and Gas Climate Initiative, participation in a $1 billion oil&gas industry fund to develop new technology to address the climate challenge, in particular CCUS.  

 

    All these initiatives are aligned with the UN’s Sustainable Development Goals, with Patrick Pouyanné named SDG Pioneer in 2017.  

 

GoodPlanet, the Climate and Commitment to Voluntary Carbon Offsetting

As part of its public interest mission, the GoodPlanet Foundation has since 2006 been addressing climate disruption with additional initiatives:

 

    Educating the public through the magazine GoodPlanet Info and publications such as “60 Solutions Against Climate Change.”  

 

    Measuring the carbon footprint of individuals, businesses of all sizes and communities using calculators available on its website or the Bilan Carbone® method.  

 

    Offering the support of its CSR unit to reduce the carbon footprint and rally all stakeholders.  

 

    Voluntary carbon offsetting with certified carbon credits through local, community-oriented projects.  

The GoodPlanet Foundation and Yann Arthus-Bertrand offset all greenhouse gas emissions related to their activities.


Total Contacts

Media Relations: +33 1 47 44 46 99 | presse@total.com | @TotalPress

Investor Relations: +44 (0)207 719 7962 | ir@total.com

GoodPlanet Contact

Media Relations: +33 1 70 64 83 05 | henri.landes@goodplanet.org

* * * * *

About the GoodPlanet Foundation

An extension of Yann Arthus-Bertrand’s artistic work and commitment to the environment, GoodPlanet, a recognised public interest foundation, aims to make ecology a central issue in order to encourage people to take concrete action for the Earth and its inhabitants.

Created in 2005, the GoodPlanet Foundation develops artistic (7 billion Others, HUMAN, etc.) and educational projects to raise awareness among the general public worldwide.

Since 2006, GoodPlanet, through its Social Carbon Offsets Programme, has developed and supported 41 projects in 21 countries. Thanks to its voluntary carbon offsetting programs, GoodPlanet targets everybody, from individuals, cities to companies (SMEs and multinationals).

In 2015, GoodPlanet launched the programme “The solution is on the plate!”, which promotes 60 solutions and 100 concrete initiatives for responsible food consumption, taking into account pleasure, public health and climate protection.

In July 2015, Paris City Council entrusted the Domaine de Longchamp to the Foundation for a 30-year period. The first site dedicated to ecology and humanism in Paris, inaugurated in May 2017 and free and open to all, the Fondation GoodPlanet – Domaine de Longchamp promotes generosity, learning and sharing.

The GoodPlanet Foundation has been awarded the IDEAS Label for its financial transparency, good governance and efficient programmes.

About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.

* * * * *

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.

EX-99.6 7 d497296dex996.htm EX-99.6 EX-99.6

EXHIBIT 99.6

 

LOGO

Press Release

Eight energy companies commit to reduce methane emissions

within natural gas industry

Paris, 22 November 2017, BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. The energy companies also agreed to encourage others across the natural gas value chain – from production to the final consumer – to do the same.

The commitment was made as part of wider efforts by the global energy industry to ensure that natural gas continues to play a critical role in helping meet future energy demand while addressing climate change. Since natural gas consists mainly of methane, a potent greenhouse gas, its role in the transition to a low-carbon future will be influenced by the extent to which methane emissions are reduced.

The eight energy companies today signed a Guiding Principles document, which focuses on: continually reducing methane emissions; advancing strong performance across gas value chains; improving accuracy of methane emissions data; advocating sound policies and regulations on methane emissions; and increasing transparency.

Numerous studies have shown the importance of quickly reducing methane emissions if we’re to meet growing energy demand and multiple environmental goals,” said Mark Radka, Head of UN Environment’s Energy and Climate Branch. “The Guiding Principles provide an excellent framework for doing so across the entire natural gas value chain, particularly if they’re linked to reporting on the emissions reductions achieved.

The Guiding Principles were developed in collaboration with the Environmental Defense Fund, the International Energy Agency (IEA), the International Gas Union, the Oil and Gas Climate Initiative Climate Investments, the Rocky Mountain Institute, the Sustainable Gas Institute, The Energy and Resources Institute, and United Nations Environment.

Our analysis at IEA shows that credible action to minimise methane emissions is essential to the achievement of global climate goals, and to the outlook for natural gas,” said Tim Gould, Head of Supply Division, World Energy Outlook, IEA. “The commitment by companies to the Guiding Principles is a very important step; we look forward to seeing the results of their implementation and wider application. The opportunity is considerable – implementing


all of the cost-effective methane abatement measures worldwide would have the same effect on long-term climate change as closing all existing coal-fired power plants in China.”

************

Media enquiries

 

    BP: +44 (0)20 7496 4076

 

    Eni: +39 0252031875

 

    ExxonMobil: +1 972 940 6007

 

    Repsol: +34 917 538 787

 

    Shell: +44 207 934 5550

 

    Statoil: +47 48091183

 

    Total: + 33 (0)6 24 60 57 65

 

    Wintershall: +49 561 301 3301

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.

EX-99.7 8 d497296dex997.htm EX-99.7 EX-99.7

EXHIBIT 99.7

 

LOGO

Press Release

Norway: Total sells its interest in the Martin Linge field to Statoil

Paris, 27 November 2017, Total has agreed to sell all of its interests in the Martin Linge field (51%) and Garantiana discovery (40%) on the Norwegian Continental Shelf to Statoil. The consideration for the transaction is $1.45 billion with an effective date of January 1st, 2017. The transaction remains subject to final due diligence and approval from the relevant authorities.

“The forthcoming acquisition of the Maersk Oil portfolio, which will make Total the second largest operator in the North Sea, leads us to review our portfolio in this area so as to focus on the assets in which Total will be able to generate synergies and reduce their breakeven points. In this context, given that Martin Linge is Total’s only operated asset in Norway, there is limited scope to optimize operations, whereas with Statoil’s leading operating position on the Norwegian Continental Shelf, Statoil is in a better position to optimize this asset for the benefit of all stakeholders. We are therefore satisfied with the agreement with Statoil, a long time trusted partner, which in addition, offers us a satisfactory value for this asset”, commented Arnaud Breuillac, President, Exploration & Production at Total. “Norway remains a strategic country for Total as one of the largest contributors to the Group’s production and we of course intend to continue bringing our expertise to Norway by focusing in particular on major non-operated assets such as Ekofisk, Snohvit and Johan Sverdrup.”

The transaction involves the transfer of relevant employees from Total to Statoil in compliance with the applicable legislation.

Total Exploration & Production in Norway

Total has been present in Norway for over fifty years and has played a major role in the development of a number of large fields on the Norwegian Continental Shelf. Total holds interests in 85 production licenses and operates 32 of them. Total E&P Norge AS equity production was 235,000 barrels of oil equivalent per day in 2016.

Most recently, Total has signed an agreement with Shell and Statoil to mature the development of a full scale carbon storage on the Norwegian continental shelf. This is in line with Total’s roadmap to develop carbon capture utilization and storage (CCUS) as a key axis of its low carbon strategy.


About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.

* * * * *

Total contacts

Media Relations: +33 1 47 44 46 99 | presse@total.com | @TotalPress

Investor Relations: +44 (0)207 719 7962 | ir@total.com

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.

EX-99.8 9 d497296dex998.htm EX-99.8 EX-99.8

EXHIBIT 99.8

 

LOGO

Press Release

Brazil’s Giant Libra Field Comes On Stream

Paris, November 27, 2017 – Total announces first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil. The floating production, storage and offloading (FPSO) unit Pioneiro de Libra has a capacity of 50,000 barrels of oil. This start-up of the early production system will generate revenue while also enabling technical data to be collected to optimize the subsequent development phases.

Total is pleased that production has begun on the giant Libra field, which is a multi-billion barrel resource,” said Arnaud Breuillac, President, Exploration & Production at Total. “Libra is a major asset in Total’s portfolio and fits into our strategy of investing in highly competitive projects with low break-even points. The start-up is a major step in the development of this field, and Total is bringing its deep offshore expertise to the project.”

Beyond this early production phase, the Libra development will further continue with the next investment decision for the Libra 1 FPSO with a capacity of 150,000 barrels per day. In the years ahead, other production units of similar capacity will be invested in so that the field can be developed to its full potential.

The Libra field is operated by Petrobras (40%) as part of the international consortium whose other partners are Total (20%), Shell (20%), CNOOC (10%) and CNPC (10%).

Total in Brazil

Total has been present in Brazil for over 40 years, has more than 2,800 employees there and operates through five affiliates in the exploration and production, gas, lubricants, chemicals and renewable energies (solar and biomass) segments.

Total Exploration & Production’s portfolio of assets currently includes 15 exploration blocks, located in the Barreirinhas, Ceará, Espirito Santo, Foz do Amazonas and Pelotas basins.

In February 2017, Total and Petrobras signed agreements covering a number of upstream and downstream assets in Brazil, cementing the Strategic Alliance announced in December 2016. Under that deal, Total will hold a 22.5% stake in the Iara concession area in Block BM-S-11 and a 35% stake in and operatorship of Block BM-S-9 in the Lapa field concession, which came on stream in December 2016. Additionally, technical cooperation between the two companies will be strengthened, particularly through joint appraisal of the exploration potential in promising areas in Brazil and through the development of new technologies,


particularly in the deep offshore. The transaction is subject to approvals by the relevant regulatory entities.

About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.

* * * * *

Total contacts

Media Relations: +33 1 47 44 46 99 | presse@total.com | @TotalPress

Investor Relations: +44 (0)207 719 7962 | ir@total.com

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.

Cautionary Note to U.S. Investors – The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to separately disclose proved, probable and possible reserves that a company has determined in accordance with the SEC rules. We may use certain terms in this press release, such as resources, that the SEC’s guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 1-10888 available from us at TOTAL S.A. – Tour Coupole – 2, place Jean Millier – Arche Nord Coupole/Regnault – 92078 Paris La Défense Cedex – France, or at our website: www.total.com. You can also obtain this form from the SEC by calling 1-800-SEC-0330 or on the SEC’s website: www.sec.gov.

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