BRIEF: Total 3Q Profit Up 20 Pct (France)

Total 3Q Profit Up 20 Pct (France)

French supermajor Total today reported adjusted net income of 3.3 billion euros for the third quarter 2012, an increase of 20% compared to the 2.8 billion euros earned in 3Q 2011.

Total reported a drop in 3Q production. Hydrocarbon production was 2,272 thousand barrels of oil equivalent per day (kboe/d) in the third quarter 2012, a decrease of 2% compared to the third quarter 2011.
Offshore Energy Today Staff, October 31, 2012