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TOT TOTAL SE

48.30
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
TOTAL SE NYSE:TOT NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 48.30 0 01:00:00

Total Starts Output at North Sea Laggan-Tormore Gas Project

08/02/2016 8:42am

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By Inti Landauro

 

PARIS--French oil major Total SA (TOT) Monday said its Laggan-Tormore natural gas project off the Shetland Islands in the North Sea has started production.

The Laggan-Tormore field is a key component of the company's strategy to boost output this year, Total's chief of production and exploration, Arnaud Breuillac, said.

The project will eventually produce 90,000 barrels of oil equivalent per day, said the French company, which operates the field and owns a 60% stake in the project.

DONG Energy and SSE PLC (SSE.LN) each own a 20% stake in the project.

 

-Write to Inti Landauro at inti.landauro@wsj.com

 

(END) Dow Jones Newswires

February 08, 2016 03:27 ET (08:27 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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