Total
Revision as of 02:36, 17 January 2014 by Melissa Jones (talk | contribs)
Total (ToT) is a French oil and gas company.
In January 2014 Total announced it would invest in fracking exploration in the UK - first such investment by a major oil company.
Fracking partnership in the UK
Total's licences are for a 240sq km area around the town of Gainsborough, that has been drilled for oil and gas for decades but only recently explored for its shale gas potential.
Total has a 40% share in a licence in the Midlands currently operated by US firm eCorp. Chief executive of eCorp International, John Thrash said: "The entry of this highly respected global shale operator into the UK shale gas exploration effort is a watershed event, not only for the UK, but also, we believe, continental Europe."
- The company's partners are a subsidiary of Dart Energy Dart Energy Europe, which has come under attack from environmentalists for applying for coal-bed methane wells in Scotland, plus Egdon Resources UK, eCorp, and IGas, which has been the target of a sustained campaign against by anti-fracking groups at its Barton Moss site in Salford.
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