Microsoft 6th Annual Global Energy Forum

Total third quarter income up 35% from same time last year

Published Nov 6, 2008

November 6--Total returned an adjusted net income of US $5.3 Bn for the third quarter this year, a rise of 35% compared to the same time period last year.

Production for this quarter was down by 5%, however, from the same time last year to 2.2m boe/d.

Total said the decline in output was partly due to unscheduled shutdowns at the Al Jurf field in Libya and the Bruce and Alwyn fields in the North Sea, as well as security disruptions in Nigeria.