Total’s global liquids output is on track to rise 15% annually over 2018 to average more than 1.55mn b/d. Output is up across all of its geographic regions, except for the peripheral Asia Pacific which is down 50% to 14,000 b/d. Volumes rose 2% quarter-on-quarter to 1.61mn b/d in Q3. Total attributes the gains to the March acquisition of Maersk and of Marathon’s 16.33% stake at Libya’s Waha, alongside the September purchase of a further 0.5% stake in Russia’s Novatek...
Total Liquids Output Rises
Published on Fri, 26 Oct 2018 - Volume: 61 Issue: 43Print
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