Total is one of the six largest ‘supermajor’ oil companies in the world as is based in Frances. It operates in more than 130 countries worldwide, and engages in all aspects of the petroleum industry, including both Upstream and Downstream operations.
They have interests in coal mining and power generation sectors, as well as a financial interest in Sanfi-Aventis. In 2008, they acquired a 50% participation in two offshore permits in the Vulcan basin, in partnership with Apache Corporation, and a 100% interest in one permit in the Browse Basin, north of Ichthys. The two permits cover 1925 and 1465 square kilometres, and is located 45 kilometres north of Ichthys. In late 2011, it combined proven reserves of 11,423 million barrels of oil equivalent of oil and gas.Trade TOT