Total adjusts upstream, supply-marketing

After restructuring its downstream business in a move it said showed commitment to an integrated company structure, Total has completed a reorganization of its upstream and supply-marketing segments.

Previously, Total’s upstream segment included exploration and production of hydrocarbons plus gas and new energies. Supply-marketing included worldwide business of supplying and marketing petroleum products.

The supply-marketing segment was separated from manufacturing in Total’s downstream reorganization a year ago (OGJ Online, Oct. 10, 2011).

Now, the company defines its upstream business as exploration and production of hydrocarbons plus the activities of gas and power units.

It defines supply-marketing as before but has added new energies.

Related Articles

IAGC appoints new president

09/19/2014 The board of the International Association of Geophysical Contractors has reported that Ken Wells has been named as the organization’s president.

MARKET WATCH: Crude oil futures down more than $1 in New York, London

09/19/2014 The New York Mercantile Exchange October crude oil contract lost $1.35 to $93.07/bbl on Sept. 18. The November contract declined $1.22 to $91.98/bbl.

ExxonMobil ‘winding down’ Arctic well, complying with US, EU sanctions on Russia

09/19/2014 ExxonMobil Corp. released a statement that the company is complying with all US sanctions on Russia after news reports that the operator had halted...

ExxonMobil, Linn to make second asset exchange this year

09/19/2014 ExxonMobil Corp. has agreed to trade interest in 500 net acres from South Belridge field near Bakersfield, Calif., to Linn Energy LLC, Houston, in ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected