COMPANY PROFILE

COMPANY PROFILE

Total is the world's fourth-largest publicly-traded integrated oil and gas company, with operations in more than 130 countries spanning all aspects of the petroleum industry, including upstream and downstream operations.

A subsidiary of the international oil company Total SA, established in 1998, Total is active across the entire oil product distribution sector, with general sales, lubricants, and marine and aviation activities as well as a retail network. The company currently employs 230 people and makes particular efforts in recruitment, training and professional research development.

Total Egypt’s involvement in the country has been growing constantly over the years. Regardless of circumstance, Total has never halted its operations allowing it to breach new markets. Today, Total has an estimated market share of 15%.

With a retail network of 235 stations throughout the country and a recently opened, massive state-of-the-art lubricant blending plant in Borg El Arab, Total Egypt is dedicated to its mission of providing quality products and services to its customers. It also retails high quality fuel and lubricants and several other services and products at its Bonjour shops.

Together with the current shareholder Beltone and TED, Total Egypt is reinforcing its presence in Egypt as a leading energy player through El-Gouna solar project, a project 50 MW for an estimated cost of 150 Million USD. Total Egypt equity is 25%, plus 25% in equity for Total Energy Development.

At Total Egypt, Safety comes first. Be it the safety of people, operations or environmental protection; customer satisfaction and creating a two-way relationship with stakeholders are core concerns. Industrial hygiene, employee health and product quality are absolute priorities at Total.

Company History

In the upstream sector, two affiliates of ELF and Total were active from 1975 to the early 90’s in the different Egyptian basins.

After having maintained an active watch on Oil & Gas projects since 2001, Total Exploration & Production came back in Egypt in 2010, with the attribution of a deep offshore block in Mediterranean (EEBO) which was relinquished at the end of its 1st exploration phase in August 2014 after disappointing well results.

On January 22nd, 2015 Total signed the concession agreement of the newly attributed exploration block North El Mahala onshore (100%), located in the Nile delta (NEMO).

On October 6th, 2015 as a result of the EGAS 2015 bid round, Total has been awarded 25% participating interest in the exploration block North El Hammad, located in the shallow water of the Mediterranean Sea, Total (25%), BP (37.5%) and ENI (37.5% - Operator).