25th Nov 2005 10:09
Total S.A.25 November 2005 Ekofisk Area Growth Project Brought on Stream in Norway Paris - November 25, 2005 - Total announces that the first five wells in theEkofisk Area Growth project have been brought on stream. Initiated in 2003, theproject involves installing a new platform and drilling 25 more production wellson the Ekofisk field. At peak, the new development will produce around 100,000barrels of oil equivalent per day. Total holds the majority share (39.9%) in Ekofisk, one of the North Sea'slargest oil fields, and is partnered with ConocoPhillips (35.1%, operator), Eni,Norsk Hydro, Petoro and Statoil. By bringing these new wells on stream, Total further demonstrates its commitmentto valorizing North Sea reserves and consolidates its position as the secondlargest international producer in Norway. Total is the fourth largest oil and gas company in the world with operations inmore than 130 countries. Total's activities cover the whole energy chain of thepetroleum industry: exploration, oil and gas production, refining and marketing,trading and power generation. The Group is also a major player in chemicals.Total has more than 111,000 employees worldwide. More information can be foundon the company's website: www.total.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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