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On 20 October 2014, at MST a Dassault Falcon 50 business jet heading to Paris caught fire and exploded during takeoff after colliding with a snow removal vehicle in Vnukovo International Airport, and killing four, including three crew members and CEO of Total S. Patrick Pouyanné was appointed chairman of Total on December 16, 2015, in addition to his role as CEO.
In February 2015, Total unveiled plans to cut 180 jobs in the United Kingdom, reduce refinery capacity and slow spending on North Sea fields after it fell to a .7bn final-quarter loss.
For Total, these new partnerships with Petrobras reinforce Total’s position in Brazil through access to new fields in the Santos Basin while entering the gas value chain.
Between 20 Total has organized the ARGOS Challenge, a robotic competition with the aim to develop robots for their oil and gas production sites..
Exploration in Algeria, then a French colony, began in 1946, with Algeria becoming a leading source of oil in the 1950s.
In addition Total had other significant equity holdings amounting to about 3bn euros, treated as investments and was involved in a number of significant joint ventures, mostly relating to LPG and LNG exploration, production and shipping.
The joint ventures that are treated as subsidiaries are listed in the consolidated subsidiary section.
His total annual compensation for this role was €2,746,335, consisting of a €1,250,000 salary and €1,496,335 bonus.
The present chairman and CEO of the company is Patrick Pouyanné (2014 to present).