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Chairman's foreword

 

 

"Total is a long-term partner of the UK, dedicated to meeting the increasing demand for energy both here and globally. Our commitment is most notably demonstrated through our long-term investment plan in the North Sea."

 

 Patrice de Viviès, Chairman, TOTAL Holdings UK Limited

 

Total is a long-term partner of the UK, dedicated to meeting the increasing demand for energy both here and globally. Our commitment is most notably demonstrated through our long-term investment plan in the North Sea. We are applying our expertise and investing in cutting edge technology to unlock remaining reserves in the new frontier region West of Shetland. At the same time, we continue to invest heavily in exploration and develop new fields while maximising production from our existing assets.

In 2010 we launched three major projects on the United Kingdom Continental Shelf representing some £3.5bn investment. Our pioneering Laggan-Tormore project is the largest development which adds an important third hub to our existing portfolio alongside the Alwyn Area and Elgin/Franklin hubs. Our investments will continue to make an important contribution to the UK economy, secure future indigenous energy supplies for the UK and bring benefits to the local communities where we are present, including create jobs.

Our refining and marketing business has however been heavily impacted for some time by extremely challenging market conditions. Total made the decision to restructure some of its downstream assets and in 2010 launched two separate sale processes for a refining asset package centred around Lindsey Oil Refinery (LOR) and for some of its UK marketing assets. A Sale and Purchase Agreement for the marketing assets was entered into in June 2011 and the refining asset sale process is ongoing.

Our commitment to being a responsible corporate citizen never wavers and no matter what the challenges, all our businesses strive to achieve the highest safety standards possible. We have a zero tolerance policy in safety, health and environmental issues and continue to make progress, particularly in our offshore operations where we have significantly increased activity. As part of a worldwide initiative, we launched our 12 ‘Golden Rules’ for safety at work across our UK businesses in 2010. Against this background of constant focus and improvement, we were all shocked and saddened by the death of one of our contractors at LOR during an accident in June 2010. LOR launched a full investigation and continue to assist the Health and Safety Executive’s investigation.

Responsible environmental stewardship also remains at the heart of everything we do and a large number of our businesses made further progress towards improving their environmental performance, particularly in reducing spillages, waste and increasing recycling initiatives. We continue the trend of reducing overall emissions in the UK, making our products more environmentally friendly and assisting our customers with energy efficiency.

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Publications:

TOTAL in the UK
Environment and Social Report 2010
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TOTAL
Environment and Society Report 2010

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Available in 24 languages, the Code of Conduct continues to be deployed
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Safety, Environment Health Safety Environment Quality Charter
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