0001634621-19-000001.txt : 20190102 0001634621-19-000001.hdr.sgml : 20190102 20190102103021 ACCESSION NUMBER: 0001634621-19-000001 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 29 CONFORMED PERIOD OF REPORT: 20190102 FILED AS OF DATE: 20190102 DATE AS OF CHANGE: 20190102 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: 19500409 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 to_6k_20190102.htm FORM 6-K

 

 

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

January 2, 2019

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

 

SIGNATURES

 

EXHIBIT INDEX

 

 

Exhibit 99.1

South Korea: Hanwha Total Petrochemical Invests in a new polypropylene plant to Expand its Refining & Petrochemicals Platform (December 3, 2018)

Exhibit 99.2

Thailand: Total Corbion PLA starts-up its 75,000 tonnes per year bioplastics plant (December 3, 2018)

Exhibit 99.3

Electric Mobility & Innovation : Total Launches a Pioneering Line of Fluids for Electric and Hybrid Vehicles (December 5, 2018)

Exhibit 99.4

Disclosure of Transactions in Own Shares (December 6, 2018)

Exhibit 99.5

French Guyana: Total commits to carry out its exploration campaign with transparency and invites NGOs to visit drilling operations (December 11, 2018)

Exhibit 99.6

Russia: Yamal LNG Starts Up Train 3 Twelve Months Ahead of Schedule And Achieves Its Full Capacity (December 11, 2018)

Exhibit 99.7

Total Strengthens Its Exploration Position In Mauritania (December 12, 2018)

Exhibit 99.8

Total announces the distribution of its second 2018 interim dividend (December 12, 2018)

Exhibit 99.9

Share capital decrease by way of treasury shares cancellation (December 12, 2018)

Exhibit 99.10

Australia: in line with its discipline on capital allocation, Total reduces its stake in Ichthys LNG by 4% (December 13, 2018)

Exhibit 99.11

Disclosure of Transactions in Own Shares (December 13, 2018)

Exhibit 99.12

Research & Innovation: Total in the Heart of Paris-Saclay Cluster from 2019 (December 18, 2018)

Exhibit 99.13

Disclosure of Transactions in Own Shares (December 20, 2018)

Exhibit 99.14

Brazil: Total and Petrobras take new steps forward in the scope of their Strategic Alliance (December 21, 2018)

Exhibit 99.15

Angola : Total will Launch a Fuel Retail Network with Sonangol (December 21, 2018)

 

 

EXHIBIT INDEX

 

Exhibit 99.1

South Korea: Hanwha Total Petrochemical Invests in a new polypropylene plant to Expand its Refining & Petrochemicals Platform (December 3, 2018)

Exhibit 99.2

Thailand: Total Corbion PLA starts-up its 75,000 tonnes per year bioplastics plant (December 3, 2018)

Exhibit 99.3

Electric Mobility & Innovation : Total Launches a Pioneering Line of Fluids for Electric and Hybrid Vehicles (December 5, 2018)

Exhibit 99.4

Disclosure of Transactions in Own Shares (December 6, 2018)

Exhibit 99.5

French Guyana: Total commits to carry out its exploration campaign with transparency and invites NGOs to visit drilling operations (December 11, 2018)

Exhibit 99.6

Russia: Yamal LNG Starts Up Train 3 Twelve Months Ahead of Schedule And Achieves Its Full Capacity (December 11, 2018)

Exhibit 99.7

Total Strengthens Its Exploration Position In Mauritania (December 12, 2018)

Exhibit 99.8

Total announces the distribution of its second 2018 interim dividend (December 12, 2018)

Exhibit 99.9

Share capital decrease by way of treasury shares cancellation (December 12, 2018)

Exhibit 99.10

Australia: in line with its discipline on capital allocation, Total reduces its stake in Ichthys LNG by 4% (December 13, 2018)

Exhibit 99.11

Disclosure of Transactions in Own Shares (December 13, 2018)

Exhibit 99.12

Research & Innovation: Total in the Heart of Paris-Saclay Cluster from 2019 (December 18, 2018)

Exhibit 99.13

Disclosure of Transactions in Own Shares (December 20, 2018)

Exhibit 99.14

Brazil: Total and Petrobras take new steps forward in the scope of their Strategic Alliance (December 21, 2018)

Exhibit 99.15

Angola : Total will Launch a Fuel Retail Network with Sonangol (December 21, 2018)

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: January 2, 2019   By:  

/s/ ANTOINE LARENAUDIE

    Name:   Antoine LARENAUDIE
    Title:   Group Treasurer


EX-99.1 2 ex991.htm SOUTH KOREA: HANWHA TOTAL PETROCHEMICAL INVESTS...

EXHIBIT 99.1

Adobe Systems

Press Release

 

South Korea: Hanwha Total Petrochemical Invests
in a new polypropylene plant
to Expand its Refining & Petrochemicals Platform

 

 

Paris, December 3, 2018 - Hanwha Total Petrochemical, a 50/50 joint venture between Total and Hanwha, will invest nearly $500 million to further expand its Daesan integrated refining and petrochemical complex in South Korea. The planned investment will increase polypropylene capacity by close to 60% to 1.1 million tonnes per year by the end of 2020. The ethylene capacity will simultaneously increase by 10% to 1.5 million tonnes.

This project complements the ongoing investments totaling $750 million to increase the complex's ethylene production capacity by 30% to 1.4 million tonnes per year by mid-2019 and to expand polyethylene production capacity by 50% to 1.1 million tonnes by end-2019. All these investments are designed to take advantage of competitively priced propane feedstock, which is abundantly available due to the shale gas revolution in the United States. With this new investment, Daesan will be in a position to capture margins across the propylene-polypropylene value chain, as it already does in the ethylene-polyethylene value chain.

The additional production of high-value-added polymers will allow the complex to meet local demand and supply the fast-growing Asian market.

"This new investment in Daesan is fully in line with our strategy of growth in petrochemicals to meet global demand, focusing investments on our world-class facilities and leveraging competitively priced feedstock. This polypropylene project complements our offering of high-value-added polymers to the fast-growing Asian market," said Bernard Pinatel, President, Refining & Chemicals at Total.

 

About the Daesan Refining and Petrochemical Complex

Daesan is one of Total's six world-class integrated complexes and a strategic asset for both shareholders. It comprises a flexible condensate splitter, a competitive steam cracker and units producing polymers, styrene and aromatics.

1

 

About Hanwha

Hanwha Group, founded in 1952, is a global leader in a broad range of business spanning the spectrum of manufacturing, construction, finance, services and leisure industries. Hanwha Group consists of 56 domestic affiliates and 226 global networks, as of June 2016.

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.

Total contacts

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

Investor Relations: +44 (0)207 719 7962 l 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 ex992.htm THAILAND: TOTAL CORBION PLA STARTS-UP ITS 75,000 TONNES PER YEAR...

EXHIBIT 99.2

 

Press Release

 

Thailand: Total Corbion PLA starts-up its
75,000 tonnes per year bioplastics plant

 


Paris - Amsterdam - Gorinchem, December 3, 2018 - Total Corbion PLA, a 50/50 joint venture between Total and Corbion, announces the start-up of its 75,000 tonnes per year PLA (Poly Lactic Acid) bioplastics plant in Rayong, Thailand. The plant has successfully produced Luminy® PLA resins. This bioplastic provides a valuable contribution towards the circular economy being 100% renewable and biodegradable and offering multiple environmentally-friendly waste solutions.

 

The new facility will produce a broad range of Luminy® PLA resins from renewable, non-GMO sugarcane sourced locally in Thailand: from standard PLA to innovative, high heat PLA and PDLA[1] with unique properties. The products will meet customers’ needs in a wide range of markets notably packaging, consumer goods, 3D printing, fibers and automotive and are specifically optimized for extrusion, thermoforming, injection molding and fiber spinning processes.

 

At the end of their useful life, PLA products can be mechanically or chemically recycled, or in some cases composted and returned to the soil as fertilizer.

 

Total Corbion PLA will leverage on the integration with its lactide plant, the monomer required for the production of PLA, that has simultaneously been expanded to 100,000 tonnes per year production capacity. Furthermore, the 1,000 tonnes per year PLA pilot plant, which has been operational since the end of 2017, is located on the same site and will be used for product development.

 

The start-up marks a major milestone for both the joint venture and the bioplastics market. With this additional 75,000 tonnes per year facility, the global production of PLA bioplastics will increase by almost 50% to 240,000 tonnes per year. PLA is a fast-growing polymer market with an estimated annual growth rate of 10% to 15%.


[1] Poly D-Lactic Acid

1

"The start-up of this state-of-the-art plant establishes Total Corbion PLA as a world-scale PLA bioplastic producer, ideally located to serve growing markets from Asia Pacific to Europe and the Americas” says Stephane Dion, CEO of the company. “The subsequent increase in global PLA capacity will enable manufacturers and brand owners to move into the circular economy and produce biobased products with lower carbon footprints and multiple end of life options."  

 

"I’m very pleased that the joint venture has started-up the second-largest PLA bioplastics plant in the world. This achievement is fully in line with our strategy, to expand in petrochemicals and, at the same time, innovate in low-carbon solutions. Bioplastics are a great complement to our more traditional petrochemicals products to meet the rising demand for polymers while contributing towards reducing end-of-life concerns", says Bernard Pinatel, President Refining & Chemicals at Total.

 

Corbion, that supplies the lactic acid to this fully integrated plant, is happy with the news: "The successful start-up of this state-of-the-art PLA plant is the result of impressive team work by many. This is good news for consumers and producers who want to make a conscious choice to improve their carbon footprint and make their contribution to a circular economy. A world of innovation and business opportunities has opened up while contributing to a better world", says Tjerk de Ruiter, CEO at Corbion.

 

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

 

For more information on how to make the switch to biobased PLA, or to obtain sample material for trials, please contact us.

 

 

About Total Corbion PLA

Total Corbion PLA is a global technology leader in Poly Lactic Acid (PLA) and lactide monomers. PLA is a biobased and biodegradable polymer made from annually renewable resources, offering a reduced carbon footprint versus many traditional plastics. The Luminy® PLA portfolio, which includes both high heat and standard PLA grades, is an innovative material that is used in a wide range of markets from packaging to consumer goods, fibers and automotive. Total Corbion PLA, headquartered in the Netherlands, is a 50/50 joint venture between Total and Corbion. www.total-corbion.com

 

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.

 

Total contacts

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

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

2

 

About Corbion

Corbion is the global market leader in lactic acid and lactic acid derivatives, and a leading company in emulsifiers, functional enzyme blends, minerals, vitamins and algae ingredients. The company develops sustainable solutions to improve the quality of life for people today and generations to come. Corbion’s solutions help differentiate products in markets such as food, home & personal care, pharmaceuticals, medical devices and bioplastics. In 2017, Corbion generated annual sales of € 891.7 million and had a workforce of 1,794 FTE. Corbion is listed on the Euronext Amsterdam. www.corbion.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 ex993.htm ELECTRIC MOBILITY & INNOVATION : TOTAL LAUNCHES A PIONEERING LINE...

EXHIBIT 99.3

Press Release

 

Electric Mobility & Innovation : Total Launches a Pioneering Line of Fluids for Electric and Hybrid Vehicles

 

 

Paris, December 5, 2018 - Total is consolidating its position as key player in electric mobility by launching today an innovative line of fluids for electric and hybrid vehicles. Produced thanks to important efforts of the Group’s R&D teams, these products have been specially developed to meet the cooling and lubrication needs of the various components of these new types of engines and to ensure that they remain in peak condition throughout their lifetime.

 

Two new product lines are now available to automakers: Total Quartz EV Fluid, for light vehicles, and Total Rubia EV Fluid, for industrial & utility vehicles and electric buses.

 

Marketed by Total Lubricants, these products join the other electric mobility solutions Total offers through a variety of concrete applications for charging, storage, and fleet management.

 

"Through extensive research efforts, we are proud to have developed products that align with the new needs of electric mobility," explains Philippe Charleux, Senior Vice President Lubricants and Specialities at Total. "Integrated before the vehicles leave the factories, these high-performance fluids will accompany them throughout their service lives, benefitting all our customers: parts manufacturers, automakers and end users. This project illustrates our technical excellence and our ability to anticipate and innovate, which we leverage for a sustainable and performing mobility." 

 

Developed in Response to New Technical Requirements

These lines were developed to provide a better solution for the specific issues linked to engines and transmissions with high rotation speeds, and the need to control heat exchange in electric batteries.

 

Total researchers focused their research and development efforts for these fluids on four main characteristics, required by any electric or hybrid application:

-       dielectric properties, essential to any usage with electric current

-       compatibility with new electrification components, helping to prevent the corrosion of copper coils in electric engines and protect their polymer coatings

-       a solution for the temperature constraints specific to electric models: rapid calorific evacuation during major accelerations or fast charges, thermal management for batteries, etc.

-       conventional lubrication services for transmissions to protect their mechanical components, maintain optimal friction properties and ensure vehicles efficiency over time

1

Total and ElectroMobility

 

This line of fluids for electric and hybrid vehicles, now available from Total Lubricants, is in line with Total Climate Strategy and the Group’s ambition to reduce the carbon footprint of the energy products offered to its customers.

 

It comes in addition to the wide selection of electric mobility solutions already available from Total and its subsidiaries, including:

 

-       A territorial grid of charging points within the TOTAL service station network, which will eventually include 1,000 high-powered (150 kW) charging points at 300 service-stations, one every 150 km in Western Europe

 

-       Access to tens of thousands of public charging points throughout Europe through partnerships, offered to professionals via the TOTAL GR Card

 

-       10,000 public charging points in France, managed by G2Mobility and located in local and regional authorities as well as in businesses and companies’ premises

 

-       Private-use solutions, with electric charging offers from Direct Energie and Total Spring in France as well as Lampiris in Belgium, combined with their electricity provision services

                                

 

About Total Lubricants

Total Lubricants is a world leader in the production and distribution of lubricants, with 41 production sites worldwide and more than 5,800 collaborators in 150 countries. Total Lubricants offers innovative, high-performance and environmentally-friendly products and services from its R & D center, with more than 130 researchers. Total Lubricants is an essential partner for the automotive, industrial and marine markets.

www.lubricants.total.com

www.elf.com

 

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.

* * * * *

Total Contacts

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

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

2

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 ex994.htm DISCLOSURE OF TRANSACTIONS IN OWN SHARES (DECEMBER 6, 2018)

EXHIBIT 99.4

Adobe Systems

Disclosure of Transactions in Own Shares

Paris, December 6, 2018 - In accordance with the authorization given by the combined ordinary and extraordinary shareholders’ general meeting on June 1st, 2018 to trade on its shares and pursuant to applicable law on share repurchase, TOTAL S.A. (LEI: 529900S21EQ1BO4ESM68) declares the following purchases of its own shares (FR0000120271) from November 29, 2018 to December 5, 2018:

 

Transaction date

Total daily volume (number of shares)

Daily weighted average purchase price of the shares (EUR/share)

Amount of transactions (EUR)

Market (MIC Code)

29.11.2018

495,550

48.3545

23,962,072

XPAR

29.11.2018

59,979

48.3759

2,901,538

CHIX

29.11.2018

30,000

48.3760

1,451,280

TRQX

29.11.2018

30,000

48.3889

1,451,667

BATE

30.11.2018

389,427

48.8965

19,041,617

XPAR

30.11.2018

54,960

48.8842

2,686,676

CHIX

30.11.2018

30,000

48.9121

1,467,363

TRQX

30.11.2018

30,000

48.9270

1,467,810

BATE

03.12.2018

380,493

50.2048

19,102,575

XPAR

03.12.2018

786

50.8448

39,964

CHIX

03.12.2018

4,040

50.0536

202,217

TRQX

03.12.2018

3,835

50.0444

191,920

BATE

04.12.2018

634,099

49.6350

31,473,504

XPAR

04.12.2018

73,956

49.6146

3,669,297

CHIX

04.12.2018

31,205

49.6387

1,548,976

TRQX

04.12.2018

30,344

49.6304

1,505,985

BATE

05.12.2018

689,478

48.9767

33,768,357

XPAR

05.12.2018

183,501

48.9853

8,988,852

CHIX

05.12.2018

35,252

48.9863

1,726,865

TRQX

05.12.2018

61,080

48.9764

2,991,479

BATE

Total

3,247,985

49.1505

159,640,013

 

 

 

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) a full breakdown of the individual trades are disclosed on the Total website: https://www.total.com/en/investors/shares-and-dividends/Total-shares/Company-share-transactions

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.

 

* * * * *

Total contacts

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

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

EX-99.5 6 ex995.htm FRENCH GUYANA: TOTAL COMMITS TO CARRY OUT ITS EXPLORATION CAMPAIGN...

           EXHIBIT 99.5

Adobe Systems

Press Release

French Guyana: Total commits to carry out its exploration campaign with transparency and invites NGOs to visit drilling operations

 

 

Paris, December 11, 2018 - Total is ready to start its exploration campaign on the Guyane Maritime license, located 150 kilometers off the French Guyana coast, in the days following the arrival of the drilling ship on site, as authorized by the prefectoral decree dated October 22, 2018.

Conscious of the questions that this campaign could raise, Total wishes to highlight that it is a responsible company that conducts operations while constantly seeking to minimize the environmental risk and is determined to act with transparency. As such, Total commits to the following:

 

-       Total obviously does not conduct drilling operations in coral reefs

The closest reef identified is located 30 kilometers from the drilling point and is not coral. According to the scientists who carried out a 50-day oceanographic survey on-site in 2017, including those from the Paris National Museum of Natural History, it is a discontinuous rocky plateau, on the edge of the continental shelf, presenting scattered biological communities where hundreds of samples have been taken for study (see photos). This plateau is located 30 kilometers from the drilling point and at 100 meters water depth (compared to 2,000 meters water depth at the drilling area, see maps).

 

1

 

-       Total will carry out its drilling campaign with transparency

Practically, this means that Total will report on the progress of its work throughout the drilling process, as part of the Committee for Monitoring and Consultation. This Commission, led by the authorities, includes approximately 50 economic and social actors.

 

This approach follows public meetings that Total held in 2017 at its own initiative in several Guyanese towns. The Group has also made available to the general public the full file of its exploration project, including the Environmental Impact assessment, recognized for its quality by the Environmental Authority.

 

-       Total invites NGOs, who wish to do so, to visit its installations to understand the precautionary measures taken on its drilling rig and to create an opportunity for reasoned dialogue.

 

 

Total stresses that there are 200 people on board its drilling ship and the five support vessels around it. Their safety is the absolute priority. As such, a safety perimeter forbids navigation of all unauthorized watercraft within 500 meters of the well, in compliance with current legislation.


2

 

 

About the Guyane Maritime license

The Guyane Maritime license is an existing exploration license, awarded in 2001. Its extension was requested in March 2016 and granted on September 14, 2017, in accordance with the legislation on hydrocarbons dated December 30, 2017.

3

Located 150 kilometers off the coast and mostly deepwater, the license covers 24,000 square kilometers beyond the Guyanese continental shelf. The drilling area is located in the central part of the license, at 2,000 meters water depth.

 

Total’s objective on the Guyane Maritime license is to drill one last exploration well, following the five formerly drilled between 2011 and 2013 in order to conclude definitively whether an exploitation phase is relevant.

 

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.

 

* * * * *

 

Total contacts 

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

Investor Relations: +44 (0)207 719 7962 l 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.

4
EX-99.6 7 ex996.htm RUSSIA: YAMAL LNG STARTS UP TRAIN 3 TWELVE MONTHS AHEAD...

 

EXHIBIT 99.6

Adobe Systems

          

                                      Press Release

 

Russia: Yamal LNG Starts Up Train 3 Twelve Months Ahead of Schedule And Achieves Its Full Capacity

 

Paris/Yamal, December 11, 2018 - On the occasion of the inauguration of Train 3 of the Yamal LNG project in the presence of the Prime Minister of Russia Dmitry Medvedev, Total announces the start of liquefied natural gas (LNG) exports from the third train of the Yamal LNG project in Russia. This has been achieved a year ahead of the initial schedule and within the original budget. The Yamal plant has now reached its full planned capacity of 16.5 million tons per year less than a year after the 1st shipment of LNG from the project in December 2017. Furthermore, this start-up occurs one week after Yamal LNG has shipped its one hundredth LNG cargo.

“We are proud of the successful launch of all three LNG trains of the Yamal LNG project less than a year after the start-up of the plant. This constitutes an unprecedented achievement for the industry” commented Patrick Pouyanné, Chairman and CEO of Total. ”The positive experience of Yamal LNG paves the way for further LNG developments alongside our strategic partner Novatek, including Arctic LNG 2, the next major development based on giant low costs resources in Russia’s far north.”

About Yamal LNG

The project is operated by the Yamal LNG Company, owned by Russian independent gas producer Novatek (50.1%), Total (20%), CNPC (20%) and Silk Road Fund (9.9%).

One of the biggest LNG projects in the world, Yamal LNG is developing the 4.6 billion barrels of oil equivalent of reserves (boe) from the giant onshore South Tambey gas and condensate field, located on the Yamal Peninsula.

The project includes an integrated gas treatment and liquefaction facility with three initial trains of 5.5 million tons per year capacity each, storage tanks, and port and airport infrastructure.

An additional that small-scale 0,9 Mtpa train is under construction with a start-up planned early 2020.

Yamal LNG’s production is sold under long-term contracts in Asian and European markets, predominantly under oil-indexed price formulas. LNG will be supplied to the markets all year round through an innovative shipping approach involving a fleet of purpose-designed ice-class LNG carriers that will travel the Northern Sea Route to Asia through the Bering Strait in the summer.

1

 

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.

 

* * * * *

 

Total contacts

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

Investor Relations: +44 (0)207 719 7962 l 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-99.7 8 ex997.htm TOTAL STRENGTHENS ITS EXPLORATION POSITION IN MAURITANIA (DECEMBER 12, 2018)

EXHIBIT 99.7

Adobe Systems

Press Release

Total Strengthens Its Exploration Position In Mauritania

 

Paris, December 12, 2018 - Total and the Ministry of Petroleum, Energy and Mines of Mauritania have signed an agreement awarding Total two new exploration and production contracts for Blocks C15 and C31 deep offshore Mauritania, covering an area of 14,175 square kilometers. According to the terms of the contracts, Total will be the operator of these two blocks with a 90% interest alongside the Société Mauritanienne des Hydrocarbures et de Patrimoine Minier (SMHPM) holding the remaining 10%.

Combined with its participation interest and operatorship in Blocks C7, C9 and C18, the award of these new blocks strengthens Total’s position in the emerging hydrocarbons basin offshore Mauritania : “This agreement contributes to the implementation of Total’s strategy that aims to explore basins in proven yet underexplored petroleum systems,” said Arnaud Breuillac, President Exploration & Production at Total. “The addition of these new blocks to our existing positions demonstrates our commitment to the development of the Mauritanian oil sector and will enhance Total’s presence in West Africa, one of the Group’s core exploration areas.”

From Mauritania to Senegal, Ivory Coast and Nigeria, this core area comprises half of Total’s acreage in Africa, as the Mauritanian basin remains one of the most promising. According to its exploration program, Total has planned to drill a well on Block C9 in 2019.

1

Total in Mauritania

Total has been present in Mauritania for nearly 20 years. The Group is the only oil and gas major active in the marketing of petroleum products in the country, with a retail network of 38 service stations.

Total has increased its exploration in the country through the acquisition of two new deep offshore licenses, the Block C7 (with a 90% participating interest) in May 2017 and the Block C18 (with a 45% participating interest) in August 2017. The Group also operates the deep offshore C9 license (with a 90% participating interest).

 

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.

 

* * * * *

 

Total contacts 

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

Investor Relations: +44 (0)207 719 7962 l 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 ex998.htm TOTAL ANNOUNCES THE DISTRIBUTION OF ITS SECOND 2018 INTERIM DIVIDEND (DECEMBER 12, 2018)

EXHIBIT 99.8

Adobe Systems 

          

Press Release

Total announces the distribution of its second 2018 interim dividend

 

Paris, December 12, 2018 - The Board of Directors met on December 12, 2018 and declared the distribution of a second interim dividend for the 2018 fiscal year of €0.64 per share, in accordance with the Board’s decision of July 25, 2018, an amount equal to the first 2018 interim dividend and an increase of 3.2% compared to the three interim dividends and the final dividend paid for the 2017 fiscal year. The Board of Directors also decided to offer, under the conditions of the fourth resolution of the Combined Shareholders’ Meeting of June 1, 2018, the option for shareholders, including holders of its American Depositary Shares listed on the New York Stock Exchange (ADS), to receive this second interim dividend either in cash or in new shares of the Company.

In line with the shareholder return policy announced on February 8, 2018, in order to avoid any dilution linked to the issuance of new shares, the Group will buy back these newly issued shares with the intention to cancel them.

The share price for the new shares to be issued as payment of the second 2018 interim dividend is set by the Board of Directors at €48.27. This price is equal to the average Euronext Paris opening prices of the shares for the twenty trading days preceding the meeting of the Board of Directors on December 12, 2018, reduced by the net amount of the interim dividend, without any discount, rounded up to the nearest cent. Shares issued accordingly will carry immediate dividend rights and an application to trading on Euronext Paris will be made.

Shareholders and holders of ADS will receive this second interim dividend, and will have the option to receive a payment either in cash or in new shares by instructing their financial advisors, as per the following timetable:

 

Shareholders

ADS holders

Ex-dividend date

December 18, 2018

 

December 14, 2018

 

Period to opt in for the payment in new shares

 

December 18, 2018 to January 2, 2019 (inclusive)

December 18 to
December 27, 2018 (inclusive)

Payment in cash (opt out)

 

January 10, 2019

January 17, 2019

Delivery of the new shares issued in lieu of cash (opt in)

 

January 10, 2019

January 17, 2019

 

1

If the amount of the second interim dividend for the 2018 fiscal year for which the option is exercised does not correspond to a whole number of shares, the shareholders may opt to receive either the number of shares immediately above, by paying a cash adjustment on the day they exercise their option, or the number of shares immediately below, plus a balancing cash adjustment.

 

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.

* * * * *

 

Total contacts 

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

Investors Relations: +44 (0)207 719 7962 l ir@total.com

 

Cautionary note

This news release is provided for information purposes only and does not constitute an offer to purchase securities. This news release and any other document relating to payment of dividends in shares may only be published outside of France in conformity with applicable local laws and regulations and shall not constitute an offer for securities in jurisdictions where such an offer would violate applicable local law. The option to receive the second interim dividend for the 2018 fiscal year in shares is not open to shareholders residing in any jurisdiction where such option would give rise to a registration requirement or require the granting of any authorization from local securities regulators; shareholders residing outside of France are required to inform themselves of any restrictions which may apply under their local law and comply with such restrictions. Shareholders must inform themselves of the conditions and consequences of the exercise of such option, which may be applicable under local law. In making their decision to receive the dividend in shares, shareholders must consider the risks associated with an investment in shares.

 

EX-99.9 10 ex999.htm SHARE CAPITAL DECREASE BY WAY OF TREASURY SHARES CANCELLATION (DECEMBER 12, 2018)

EXHIBIT 99.9

Adobe Systems

          

Press Release

Share capital decrease by way of treasury shares cancellation

Paris, December 12, 2018 - The Board of Directors met on December 12, 2018 and decided, under the conditions set forth at the Extraordinary Shareholders’ Meeting of May 26, 2017, to proceed with the cancellation of 44,590,699 treasury shares repurchased from February 9 to October 11, 2018 as part of TOTAL S.A. shareholder return strategy announced on
February 8, 2018, representing
1.66% of the share capital.

These 44,590,699 treasury shares include:

-       firstly, 28,445,840 shares newly issued, with no discount, as part of the scrip dividend paid for the second and third interim dividends, as well as the balance, for the 2017 fiscal year ; and

-       secondly, 16,144,859 shares repurchased as part of the share buyback within the limit of an amount of $5 billion over 2018-2020.

This transaction has no impact on the consolidated financial statements of TOTAL S.A., the number of fully-diluted weighted-average shares and earnings per share.

Following the cancellation of these shares, the number of shares of TOTAL S.A. is  2,640,602,007 and the number of voting rights that can actually be exercised at the Shareholders’ Meeting is 2,770,811,788. The total number of voting rights (referred to as ‘theoretical voting rights’) attached to these 2,640,602,007 shares is 2,798,611,254, including the 27,799,466 treasury shares held by TOTAL S.A., for cancellation and share performance plans, and do not have no actual voting rights attached.

 

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.

 

* * * * *

Total contacts 

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

Investors Relations: +44 (0)207 719 7962 l ir@total.com

EX-99.10 11 ex9910.htm AUSTRALIA: IN LINE WITH ITS DISCIPLINE ON CAPITAL ALLOCATION, TOTAL REDUCES ITS STAKE...

EXHIBIT 99.10

Adobe Systems

          

Press Release

Australia: in line with its discipline on capital allocation, Total reduces its stake in Ichthys LNG by 4%

 

Paris, December 13, 2018 - Total has signed an agreement to divest a 4% interest in the Ichthys liquefied natural gas (LNG) project in Australia to operating partner INPEX for an overall consideration of 1.6 billion USD. The transaction, which is subject to Australian regulatory approvals, reduces Total’s interest in the asset to 26%.

This transaction is part of our constant portfolio review to optimize our capital allocation. Ichthys is part of a wave of Australian LNG projects, which have unfortunately experienced major cost overruns and delays during their construction phase. The final CAPEX estimate provided by the Operator is around 45 B$ to be compared to an updated figure around 40 B$ in 2017. In line with our capital discipline policy, we have therefore decided to control our capital employed in Ichthys by monetizing a 4% stake after the project start-up and de-risking,” commented Arnaud Breuillac, President, Exploration & Production at Total. “We are of course committed to the Ichthys project with our remaining 26% interest contributing to our growth both in production and cash flow from 2019 and beyond. LNG is a core area for Total - the world second-largest privately owned player with a strong pipeline of low breakeven pre-FID projects in our portfolio”.

At full capacity, the Ichthys offshore facilities and the two-train onshore liquefaction plant will supply 8.9 million tons per year (Mt/y) of LNG and 1.65 Mt/y of liquefied petroleum gas (LPG), along with 100,000 barrels of condensate per day.

The first LNG cargo was exported on the October 22nd 2018, the first offshore condensate cargo was exported on October 1st 2018, and the first LPG cargo was exported on the November 16th 2018. The two LNG trains are now fully operational.

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.

 

* * * * * 

1

 

Total contacts

 

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

Investor Relations: +44 (0)207 719 7962 l 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-99.11 12 ex9911.htm DISCLOSURE OF TRANSACTIONS IN OWN SHARES (DECEMBER 13, 2018)

EXHIBIT 99.11

Adobe Systems

Disclosure of Transactions in Own Shares

Paris, December 13, 2018 - In accordance with the authorization given by the combined ordinary and extraordinary shareholders’ general meeting on June 1st, 2018 to trade on its shares and pursuant to applicable law on share repurchase, TOTAL S.A. (LEI: 529900S21EQ1BO4ESM68) declares the following purchases of its own shares (FR0000120271) from December 6, 2018 to December 12, 2018:

 

Transaction date

Total daily volume (number of shares)

Daily weighted average purchase price of the shares (EUR/share)

Amount of transactions (EUR)

Market (MIC Code)

06.12.2018

1,198,293

47.8414

57,328,015

XPAR

06.12.2018

234,305

47.9739

11,240,525

CHIX

06.12.2018

89,980

47.7928

4,300,396

TRQX

06.12.2018

77,118

47.8124

3,687,197

BATE

07.12.2018

286,633

47.9673

13,749,011

XPAR

07.12.2018

36,485

48.0247

1,752,181

CHIX

07.12.2018

22,769

48.0226

1,093,427

TRQX

07.12.2018

22,438

48.0567

1,078,296

BATE

10.12.2018

701,725

47.7428

33,502,316

XPAR

10.12.2018

110,000

47.7944

5,257,384

CHIX

10.12.2018

50,000

47.7943

2,389,715

TRQX

10.12.2018

50,000

47.7542

2,387,710

BATE

11.12.2018

393,651

47.8859

18,850,332

XPAR

11.12.2018

29,723

47.7609

1,419,597

CHIX

11.12.2018

17,349

47.8430

83,028

TRQX

11.12.2018

17,779

47.8586

850,878

BATE

12.12.2018

495,405

48.4167

23,985,875

XPAR

12.12.2018

72,399

48.3422

3,499,927

CHIX

12.12.2018

30,529

48.4362

1,478,709

TRQX

12.12.2018

25,165

48.4375

1,218,930

BATE

Total

3,961,746

47.9335

189,900,449

 

 

 

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) a full breakdown of the individual trades are disclosed on the Total website: https://www.total.com/en/investors/shares-and-dividends/Total-shares/Company-share-transactions

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.

 

* * * * *

Total contacts

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

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

EX-99.12 13 ex9912.htm RESEARCH & INNOVATION: TOTAL IN THE HEART OF PARIS-SACLAY...

EXHIBIT 99.12

Adobe Systems

                                      Press Release

 

Research & Innovation: Total in the Heart of Paris-Saclay Cluster from 2019

 

Paris, 18 December 2018 - During his visit to the Ecole polytechnique cluster at Paris-Saclay to inaugurate the Ile-de-France Photovoltaic Institute (IPVF) and sign the Trend-X chair, Patrick Pouyanné, Chairman & Chief Executive Officer of Total, announced the planned opening of a new research & innovation centre in the heart of Ecole Polytechnique cluster at Saclay. In 2019, the management team of Total's R&D department will move to Saclay before the new centre is officially opened by 2022.

This new centre is a major project for Total, that puts the Group at the heart of a global innovation ecosystem. Eventually, Saclay will be home to 20-25% of the French scientific research community. The centre will also add to Total's investments in research and innovation in France. Already the Group has 1,400 researchers under its wing in seven centres as well as 1,000 agreements with academic partners worldwide.

Thanks to the proximity to the Saclay ecosystem, the Group will be able to strengthen its open innovation initiative, and its partnerships with internationally recognized research teams. The new Total Research & Innovation Centre will tackle the main energy and technological challenges of our society. Two areas of work are prioritized: digital, especially Artificial Intelligence (AI), and low-carbon power management, in pursuit of sustainable and responsible development.

Total took the opportunity of this announcement to realize its commitment to work alongside several key organizations of the cluster on two new initiatives in renewable energy and energy efficiency:

 

  A partnership with École Polytechnique to develop technology related to low-carbon energies. Total will fund a chair at École Polytechnique called "Meeting the technological challenges of responsible energy" as part of the Trend-X initiative. The chair will assist research on capturing and storing solar power as well as the development of smart building energy management, and integrate such work into university courses.

  The Ile-de-France Photovoltaic Institute (IPVF) to speed up the development of solar power. Total has joined forces with a number of partners (EDF, the CNRS, École Polytechnique, Air Liquide, Horiba and Riber) to give life to this new centre of excellence dedicated to research on solar power and its integration into power grids.

“The proposed creation of a new research and innovation centre in the Paris-Saclay cluster is major for Total. Our capacity for innovation is at the heart of our ambition to become the responsible energy major. This Centre places us among one of the best global research ecosystem and will strengthens our ties with the top-tier research teams already present at Saclay” stated Patrick Pouyanné, Chairman and Chief Executive Officer of Total. "We are keen to contribute to the global reach of this cluster, and to anticipate the technological disruptions that will shape the future of energy. This process is henceforth well under way with the inauguration of the IPVF and the creation of the Trend-X chair."

1

 

About Total

Total is a major energy company that produces and supplies oil, natural gas and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, cleaner, more affordable, more innovative and accessible to all. With operations in more than 130 countries, our aim is to become the world's leading responsible energy major.

 

* * * * *

 

Contact Total

Press Relations: +33 (0)1 47 44 46 99 l presse@total.com l @TotalPress

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

 

Warning

This press release is for informational purposes only and shall not form the basis of any legal action. The entities in which TOTAL S.A. holds a direct or indirect stake are distinct, autonomous legal entities. TOTAL S.A. shall not be held liable for any acts or omissions committed by these entities. The terms "TOTAL", "TOTAL Group" and "Group" used in this document are general and used solely for reasons of convenience. Likewise, the terms "we", "our" and "ours" may also be used to refer to subsidiaries or their employees.

This document may contain provisional information and statements that are based on economic data and hypotheses generated in a certain economic, competitive and regulatory context. This may prove inaccurate in the future and are dependent on risk factors. Neither TOTAL S.A. nor any of its subsidiaries shall be held liable or responsible to investors or any other stakeholder, particularly as a result of new information or future events, for updating or revising any or all of the statements, provisional information, trends or objectives contained in this document.

EX-99.13 14 ex9913.htm DISCLOSURE OF TRANSACTIONS IN OWN SHARES (DECEMBER 20, 2018)

EXHIBIT 99.13

Adobe Systems

Disclosure of Transactions in Own Shares

Paris, December 20, 2018 - In accordance with the authorization given by the combined ordinary and extraordinary shareholders’ general meeting on June 1st, 2018 to trade on its shares and pursuant to applicable law on share repurchase, TOTAL S.A. (LEI: 529900S21EQ1BO4ESM68) declares the following purchases of its own shares (FR0000120271) from December 13, 2018 to December 19, 2018:

 

Transaction date

Total daily volume (number of shares)

Daily weighted average purchase price of the shares (EUR/share)

Amount of transactions (EUR)

Market (MIC Code)

13.12.2018

711,743

48.6329

34,614,126

XPAR

13.12.2018

165,000

48.6394

8,025,501

CHIX

13.12.2018

60,000

48.6352

2,918,112

TRQX

13.12.2018

175,000

48.7328

8,528,240

BATE

14.12.2018

733,540

49.1281

36,037,426

XPAR

14.12.2018

169,000

49.1370

8,304,153

CHIX

14.12.2018

62,000

49.1316

3,046,159

TRQX

14.12.2018

101,285

49.1746

4,980,649

BATE

17.12.2018

143,491

48.7830

6,999,921

XPAR

18.12.2018

268,161

47.4961

12,736,602

XPAR

18.12.2018

20,000

47.1899

943,798

CHIX

18.12.2018

3,619

46.9832

170,032

TRQX

18.12.2018

3,176

46.9819

149,215

BATE

19.12.2018

50,924

46.8265

2,384,593

XPAR

19.12.2018

10,000

46.7897

467,897

CHIX

19.12.2018

3,151

46.8001

147,467

TRQX

Total

2,680,090

48.6752

130,453,892

 

 

 

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) a full breakdown of the individual trades are disclosed on the Total website: https://www.total.com/en/investors/shares-and-dividends/Total-shares/Company-share-transactions

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.

 

* * * * *

Total contacts

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

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

EX-99.14 15 ex9914.htm BRAZIL: TOTAL AND PETROBRAS TAKE NEW STEPS FORWARD IN THE SCOPE...

EXHIBIT 99.14

                                               

Adobe Systems

Press Release

 

Brazil: Total and Petrobras take new steps forward

in the scope of their Strategic Alliance

 

Paris, December 21, 2018 - Total and Petrobras are pleased to announce that they have achieved significant progress in the scope of their Strategic Alliance, signed in March 2017:

  The first concrete results of jointly implemented R&D projects. Examples of such work include in particular:

-        With regard to artificial intelligence: new automatic techniques to identify geological faults, leading to significant efficiency gains.

-        With regard to low permeability reservoirs: new processes and tools to locate the potentially most productive areas, with direct applications on fields like Sururu (Iara concession).

 

  The transfer of rights of the remaining 10% from Petrobras to Total in the Lapa field for a consideration of US$50 million.

Following this transaction, which remains subject to approval by the relevant Brazilian authorities, Total, operator of the field located in the pre-salt Santos Basin, will hold a 45% working interest alongside Shell (30%) and Repsol-Sinopec (25%).

 

  The signing of a binding Master Agreement between Total Eren and Petrobras for the creation of a Joint Venture by July 31, 2019 to develop onshore projects in the solar and wind segments in Brazil.

The Joint Venture will look to build up to 500 MW of installed capacity over the next five years.

“We are very pleased to strengthen our presence in the Total-operated Lapa field in the Santos Basin, the first pre-salt producing field operated by an IOC in Brazil, and to extend our Strategic Alliance with Petrobras to renewable developments through Total Eren in Brazil,” said Patrick Pouyanné, Chairman and CEO of Total. “Once more, we demonstrate the importance of joint investment opportunities, and reinforcing the technological cooperation existing between our two companies.”

In addition, Total and Petrobras will keep pursuing new business opportunities in the natural gas chain in Brazil.

1

Total in Brazil

Total has been present in Brazil for over 40 years, has more than 3,000 employees there and operates through five affiliates in the exploration and production, gas, lubricants, chemicals and renewable energies segments.

 

Total Exploration & Production’s portfolio currently includes 22 assets, located in the Campos, Santos, Barreirinhas, Ceará, Espirito Santo, Foz do Amazonas and Pelotas basins.

 

In March 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-11A and a 45% stake in and operatorship of Block BM-S-9A in the Lapa field concession, which came on stream in December 2016 via the 100,000 barrel per day capacity Cidade de Caraguatatuba FPSO. 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.

 

Currently, Total and Petrobras jointly participate in 19 consortiums worldwide in exploration and production. In Brazil, the companies are partners in the development of the giant Libra field, which is the first Production Sharing Contract in the Brazilian pre-salt Santos basin, in Iara and in the Total operated Lapa field. Outside Brazil, Petrobras and Total are partners on the Chinook field in the US Gulf of Mexico, on the deep-water Akpo and Egina fields in Nigeria and on the gas fields of San Alberto, San Antonio and Itaú in Bolivia, as well as in the Bolivia-Brazil gas pipeline.

About Total Eren

Total Eren, founded in 2012, is an industrial group and a major player in the renewable energy market. Total Eren is an independent energy producer, owns and operates wind and hydroelectric power plants with an aggregate output of 950 MW. By 2022, the company plans to increase installed capacity to 3 GW. Total holds 23% interest in Total Eren.

Convinced by the major potential of renewable energy in Brazil, Total Eren established a local subsidiary in São Paulo in 2013. Today, Total Eren’s installed gross capacity in the country reaches 140 MW in operation or under construction.

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.

 

* * * * *

Total contacts

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

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

2

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-99.15 16 ex9915.htm ANGOLA : TOTAL WILL LAUNCH A FUEL RETAIL NETWORK WITH SONANGOL (DECEMBER 21, 2018)

EXHIBIT 99.15

Picture 1                                    

Press Release

 

Angola : Total will Launch a Fuel Retail Network with Sonangol

 

Paris / Luanda, December 21, 2018 - Total has agreed to develop joint activities in the downstream petroleum sector in Angola, with national company Sonangol. Already long-term partners in the upstream business, the two companies have decided to establish a Joint Venture company to develop a common retail and distribution activity in the country, the fourth largest market in sub-Saharan Africa.

While developing B2B activities, the Total-Sonangol Joint Venture will initially focus on fuel distribution and lubricants sales on the B2C segment, starting with a network of service-stations under the TOTAL brand.

Depending on the outcome of the ongoing liberalization process, Total also intends to address through this partnership both petroleum products logistics and supply, including imports and primary storage of refined products.

Under the current agreement, Sonangol will bring in 45 already existing urban and highway service-stations, with a key presence on selected locations in 10 coastal and central provinces. Total will work alongside his partner to rapidly develop this network, in order to meet the highest international retail standards and improve fuel quality distribution throughout the country. The newly-established company will invest in both infrastructures and marketing activities and will benefit from Total’s expertise in retail and its customer-minded approach.

Total is very pleased to establish a new partnership in Angola, following decades of collaboration in upstream with Sonangol. Through the establishment of these joint fuel distribution activities, Total is further strengthening its footprint in the country.” commented Momar Nguer, President Marketing and Services and Executive Committee Member at Total. “This agreement is in line with our strategy to expand in large growing markets worldwide. Already the largest retailer in Africa, we intend to capitalize on this opportunity to roll out in Angola our offer of products and services and to develop additional synergies, for the full benefits of the Angolan customers.”

The transaction is subject to competition authorities’ review.

1

 

About Total in Angola

Present in Angola since 1953, Total is the country's leading oil operator. Total's production averaged 229,000 barrels of oil equivalent per day in 2017 from Blocks 17, 14 and 0, as well as Angola LNG.

In addition to the Kaombo project on Block 32, Total also operates Block 17 (with a 40% interest) where investment decisions have been recently taken on the Zinia 2 CLOV 2 and Dalia 3 projects. Total is also a partner in Blocks 14 (20%), 14K (36.75%) and 0 (10%), as well as Angola LNG (13.6%) and several other assets. Last May, the Group signed a risk service agreement with Sonangol for the deepwater Block 48 exploration license, which Total will operate.

 

In Angola, Total is fully committed to contributing to the development of the Angolan oil industry by training the local workforce. Total is strengthening the local economy through its ambitious program to develop and maintain local talents.

 

About the Marketing & Services division of Total in Africa

The Marketing & Services division of Total develops and markets products primarily derived from crude oil, along with all of the associated services. Total is the leading distributor of petroleum products in Africa and serves everyday more than 2 million customers in its network of over 4,500 service stations in 40 African countries.

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.

 

* * * * *

 

Total contacts

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

Investor Relations: +44 (0)207 719 7962 l 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.

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