- Production volumes are expected to increase by 4% Y/Y.
- Capex at the same time is expected to fall by approximately 8% in 2014.
- Launched a new cost cutting program throughout the company.
Total SA is an integrated oil and gas company. It explores and develops oil and gas properties, liquefied natural gas, petrochemicals and specialty chemicals. It is also engaged in trading and shipping of crude oil and petroleum products.