NOVATEK and Total have signed a contract for the sale of a 10% share in Arctic SPG-2


05 March 2019
Kommersant

Russian company NOVATEK and Total, a French concert, signed a contract for the sale of a 10% share in the Arctic SPG project, reported NOVATEK. The conditions for Total’s entry into the project include payment of 10% of the participation and financing share through capital contributions.

50.0 mln
Kaluga Region

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Total S.A.

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Total is one of the leading international oil and gas companies ranking second in the solar power sector through its subsidiary SunPower. 96,000 employees make energy better, safe, cleaner, more efficient, technological and available to more people. Total is a socially responsible company, we are seeking to make our activities in over 130 countries of the world useful socially, economically and environmentally. www.total.com In the lubricant sector, Total produces and sells in over 150 countries of the world oils under the brands of TOTAL and ELF for cars, motorcycles, agricultural machinery, trawlers, road machines, aviation, as well as special oils for industry and ships. The Total Lubrifiants unit works with full business cycle, starting from production of base oils which have the ISO 9001 certificate, to commercial sales of finished products, including delivery to other plants of the Group and logistics. As any production sets its specific requirements to lubricants, Total has developed a wide range of high technology lubricant oils for industrial and household use.