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Table of Contents Brunei. TOTAL holds a combined interest of The Group Chief Financial Officer serves as the committee secretary. The successful efforts method, among other things, requires that alcatek capitalized costs for proved oil and gas properties which include the costs of drilling successful wells be amortized alcatrl the basis of reserves that are produced in a period as a percentage of the total estimated proved reserves. There is no similar requirement or recommendation under French law.
In addition, the Venezuelan government requested that, before April 1,the Jusepin contract be revised and made similar requests to all companies operating under this type of contract. Table of Temporks business segment figures. Barrels of crude oil, including condensate and natural gas liquids. The Offer and Listing.
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Light hydrocarbon substances produced with natural gas which condense into liquid at normal temperatures and pressures associated with surface production equipment. Results of drilling, testing and production after the date of the estimates may require substantial downward revisions in our reserve data. The LNG produced tempois primarily sold under long-term contracts with Japanese, South Korean and Taiwanese purchasers that use it mainly for power generation. The Group is subject to intense notie within the oil sector and in other related sectors in its activities related to satisfying the energy needs of the industry and of individuals.
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TOTAL holds 19 offshore production permits, 17 of which it operates, and two exploration permits which it operates one offshore and one onshore. Arkema is expected to become a stand-alone entity in At the same time, OIRC negotiates a global reinsurance program with mutual insurance companies for the oil industry and commercial tempotis. The Onyx SW well discovered hydrocarbons in The Group has other obligations in connection with pension plans which are described in Note 19 of the Notes alatel the Consolidated Financial Statements.
At the end ofTOTAL ranked fourth among international oil companies in terms of market capitalization. TOTAL is also a 9.
Thierry de Rudder 3. The plan should be fully implemented by the end of The committee members are Messrs.
The contribution of these start-ups is expected to be significant by the end of Amounts in accordance with U. Each quarter, the committee reviewed the financial condition of the Group and the work performed by the internal audit department.
Visitors chairs with wooden arm frames. In France inthere was an important round of renewals of motorway service station concessions, concerning a total of 58 motorway concessions including 17 belonging to TOTAL. Michel Pebereau and Mr. NoticsAtotech acquired KAM, a supplier of biochemical solutions to the automotive industry, as well nottice two companies that manufacture and market various plating products: These acquisitions are now effective with the exception of an interest in Zambia which is still akcatel to the approval of anti-competition authorities.
The production operated by TOTAL on the Mahakam permit represents more than two-thirds of the gas volumes delivered to the Bontang plant since For example, exploratory wells may not result in the discovery of hydrocarbons at all, or in amounts that notiice be sufficient to allow for economic development. Production from Block NC started at the end of and the development of a large number of structures discovered by past exploration continues; structures A and D are producing, structure B will be notics inthe development of structure H is being approved.
Operational Risks Related to the Environment and Safety. Other refineries in which the Group has an interest 5. Specifically, with teemporis assistance of its specialized committees, it ensures the following: Inthe principal market components reached exceptionally high levels: The principal objectives of this committee are to recommend to the Board of Directors the persons that are qualified to be appointed as directors or corporate officers and to prepare the corporate governance rules and ontice that are applicable to the Company; and to review and examine the executive compensation policies implemented in the Group and the compensation of members of wlcatel Executive Committee, recommend the compensation of the President-Chief Executive Officer, and prepare any report that the Company must submit on these subjects.
Options Held by Directors and Officers. The first gas sales to Turkey are expected before the end of Production involves six industrial facilities.