Total defies all expectations
Record-high oil output from fields like the recently opened Johan Sverdrup was more than sufficient to offset both low gas prices and the closing of Tyra.
Despite major oil field Tyra closing during the fall to be rebuilt, French oil company Total's daily output at the end of the year rose by almost 8 percent year-on-year to 3.113 million barrels of oil equivalent, according to its fourth quarter fiscal report. This covers an increase in oil and gas output of 5 and 11 percent, respectively.
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