Total SA is a French oil company. Total merged with the BelgianPetrofina, after Total's takeover of Petrofina in 1999, it became known as Total Fina. Afterwards it also acquired the French Elf Aquitaine. First named TotalFinaElf after the merger in 2000. It was later renamed back to Total in 2003. The company is headquartered in Paris, France.
Chemical branch
The chemical part of Total S.A. is Atofina S.A. covering base chemicals, polymers as well as specialties like rubber products, resins or adhesives.
Oil for Food
Total won contracts with Saddam Hussein's regime to develop the Majnoon and Nahr Umar oil fields in southern Iraq, consisting of 25% of Iraq's oil reserves.
The owners also sought implementation plans for those high priority improvements, and coaching for certain key managers in the acquired company.
The company proceeded to implement the projects recommended in the report.
To assist with implementation, the company hired a TEG consultant to be the Program Manager, and also hired TEG people as CFO, as Marketing Director, and as CIO.
The objective of TOTAL is to rehabilitate and operate the main terminal and aircraft facilities under the conditions defined in the present agreement.
TOTAL shall have the free use all assets, to which the Government has title during the execution of the present Agreement provided that the assets and the lands not used shall be considered as remaining assets of the Government.
TOTAL shall have all the rights, functions and duties of Operator and the exclusive charge of and shall conduct all the Operations of the Facilities.