Interview of Patrick Pouyanné on Total's working interests in two offshore concessions in Abu Dhabi

For Total, of course, it is a longstanding relationship, another milestone, a historic milestone today. It is very important. 

Total has been there since 1939 and in this offshore concession since 1953. 

I feel we have that in our DNA, shared by both: the teams are on the ground, they are on the fields. So it helps to better understand what we can bring in terms of know-how and how we can transfer it.  

Total’s business model is to be an integrated company and the vision 2030 that Dr. Sultan Al Jaber, the CEO of Adnoc, has put on the table is also to develop this integrated model. I think it’s the right business model. I can only support it as it is our business model. I will be very happy to be able to embark Total together with Adnoc on new ventures and develop this downstream strategic vision. 

This is the next step, we’ll have other opportunities and we are going to have some good days like this one today. 

 

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