RESEARCH & DEVELOPMENTDeep offshore, pushing the technological boundaries

DEEP AND ULTRA DEEP OFFSHOREA SIGNIFICANT PART OF TOMORROWS HYDROCARBONS SUPPLY

• Deep offshore = ~230 Bboe, ~ 5%* of global oil & gas resources • ~25% of the world ‘Yet to Find’• More than 9% of the world’s HC production by 2020

Offshore volumes discovered worldwide

15

World Yet-to-find Deep offshore production

Mboe/d

5

10

15

01980 1985 1990 1995 2000 2005 2010 2015

(est)2020 (est)

400-1000m 1000-1500m >1500m

MCE-DD 2014 – Setting the scene – F Garnaud Total 2

*Oil & Gas, incl. Yet to FindSource: Total, WM, OGJ, IHS Edin

DEEP OFFSHORE: TOTAL’S PORTFOLIO*MATURE ASSETS, ULTRA DEEP, TIE-BACKS, METEOCEAN CHALLENGES, GIANT FIELDS…

Laggan / Tormore

TahitiAkpo

Chinook (Petrobras)

Tahiti (Chevron)

Moho BilondoPazflor

Egina

Moho North

Moho Bilondo

CLOV

Girassol/Jasmin/Rosa

Dalia

Kaombo

LIBRA

ExplorationProspective resources

LIBRA

Countries with Deep Offshore production

Countries with Deep Offshore acreage

Projects in production

Projects under development

Planned FID

MCE-DD 2014 – Setting the scene – F Garnaud Total 3

* Assets inventory not exhaustive

TOTAL, LEADING OPERATOR WORLDWIDE IN TERMS OF DEEP OFFSHORE WELLS

Total’s deep offshore wells versus competition

By 2017, Total will operate ~500 subsea wells, 8 FPSOs + 2 FPUsEquivalent to ~15% of deep offshore world oil production

MCE-DD 2014 – Setting the scene – F Garnaud Total 4

*Source: Quest Offshore, May 2013

DEEP OFFSHORE, A CULTURE OF CONSTANT INNOVATION… NO INNOVATION WITHOUT AN INNOVATIVE DNA

FPSO, giganticproduction unit• Girassol offshore

A l 1 400 t

Long tie-backs• Rosa: connection to

Girassol / JasmimLongest tie back to a

Optimizing the recovery rate• Dalia offshore Angola,

fi t il t f l

Multiphase pumps• Qualification of high

boost pumps DeltaP150 barAngola, 1,400 m water

depth• Riser Towers:

Technology First

• Longest tie-back to a FPSO: 20 km

first pilot of polymerinjection in deepoffshore

150 bar• GirRI pumps (130 bar)

to be installed in 2015 offshore Angola, world first

2001 2007 2009 20112002 2008 2011 2014

Subsea seawater treatment & injection

SPRINGSTMSubsea processing• Pazflor offshore Angola

Production• Canyon Express deepest

All electric subseasolutions • SPRINGSTM

Qualification in progressConstruction of subsea test unitPilot Congo 2014

• Pazflor offshore Angola, subsea gas/liquidseparation and pumpingmodules, world first

• Canyon Express, deepestsubsea development at the time (2,250 m) producing 3 gas fields

solutions• K5F pilot, North Sea, world

first Technology qualified for 3,000 m water depth

MCE-DD 2014 – Setting the scene – F Garnaud Total 5

DEEP OFFSHORE R&D CHALLENGES

New materials Long tie-backsUltra Deep

All Electric technology

Electrical Down Hole Safety Valve

Subsea inspection

of FPSO hullHERO

Asset Integrity

C t

Dispersed resources

Cost reduction

Innovative subsea tools for IMRAUVs

MPPs - Subsea boostingEnvironment and Environment and underwater underwater geohazardsgeohazardsMonitoringMonitoring

MCE-DD 2014 – Setting the scene – F Garnaud Total 6

AUVs

TOTAL’S VISION OF TOMORROW’S DEVELOPMENTSCOMPLEX LONG TIE-BACKS OIL AND GAS FIELDS

DEPTH ®, Deep Export Production Treatment HubFull Autonomous Subsea PlantDEPTH ®, Deep Export Production Treatment HubFull Autonomous Subsea Plant

Fl t t d fl

Key technologies:

• Flow assurance strategy and flow modelling (LedaFlow)

• Subsea gas liquid separation (Pazflor)

S b b i• Subsea boosting (Pazflor, GiRI, Moho1bis)

• Subsea pipeline electrical heat tracing (Islay)

• All electric technology (Xmas tree, K5F, e-DHSV Tunu))

• Seawater Treatment & Injection (SPRINGSTM Congo)

El t i ll h t d i l li (I l )• Electrically heated single line (Islay)

• Subsea power transmission & distribution

• Subsea chemical storage and i j tiinjection

• Subsea gas compression

• AUV technologies (PL inspection, surveillance, working AUV)

MCE-DD 2014 – Setting the scene – F Garnaud Total 7

• Composite lines and risers

LEDAFLOW®: THE NEW TRANSIENT MULTIPHASE SIMULATOR

Developed and owned by TOTAL, Sintef and ConocoPhillips

First commercial release in mid 2011 after 10 years of development Kongsberg commercial partner. Main Products:Kongsberg commercial partner. Main Products:

– LedaFlow ® Engineering (1D)

– LedaFlow ® Integrated (OTS, PMS, OFMS)

– LedaFlow ® Point Model (PM)

– LedaFlow ® Q3D – future multidimensional model Dispersed fields9 mass equations3 momentum equationsLedaFlow Q3D future multidimensional model

Based on more accurate physics Current code Version: v1.4 (Sept. 2013) New releases every 6 months

Dispersed fields 3 momentum equations3 energy equations

New releases every 6 months

Unique capabilities Slug capturing for true prediction of hydrodynamic slugs A t ll t t ti t th h

Continuous fields

Accurate wall temperature estimates through Separate phase temperatures – better by design Finite volume heat transfer – partially buried pipes

Leda Live functionality Q3D: Determination of forces in spools and jumpers induced

by slugging

f f f

MCE-DD 2014 – Setting the scene – F Garnaud Total 8

Increased interest from industry for complex multiphase field developments

SUBSEA TECHNOLOGIES: ALL ELECTRIC TECHNOLOGIESPOWER AND CONTROL

K5F gas injection Xmas trees

Power distribution

Advantages

Power distribution challenge

• Improved control of environmental impact.

• More accurate monitoring of installations.

• Cost reduction on long tie-backs with no hydraulic pipes in umbilicals.

K5F (Netherlands) pilot• Electric Xmas trees – 2008.

• Technology qualified for 3000 m water depth.

E-DHSV Tunu (Indonesia) Pilot: 2014

In parallel, development of an electric down hole safety valve with Halliburton

p

valve with Halliburton

MCE-DD 2014 – Setting the scene – F Garnaud Total 9

SUBSEA SEAWATER TREATMENT & INJECTION – SPRINGSTM

Collaboration Project with SAIPEM/Veolia started in 2007

Conceptual Study Subsea Test Unit C i & T (6 h )Construction & Test (6 months)

First Industrial ApplicationLab tests of membranes @ 300 bars / 4°C

2008-2009

2012-2014

2010-2011 2017

First Industrial ApplicationIn Operation

@

MCE-DD 2014 – Setting the scene – F Garnaud Total 10

SPRINGSTM is the first unit that allows seawater sulfate removal in the subsea context.

SUBSEA TECHNOLOGIES: CHEMICAL STORAGE AND INJECTION

Typical chemical storage and injection subsea station

Replace umbilicals by local chemicals storage and injectionand injection

CAPEX + OPEX reduction of long tie-back developments

MCE-DD 2014 – Setting the scene – F Garnaud Total 11

g pDevelop “a key element of the jigsaw” for an all subsea development (subsea to shore).

NEW INSPECTION, INTERVENTION MEANSAUTONOMOUS UNDER WATER VEHICLE: AUVS

PIPELINE INSPECTION AUVForward-Looking Sonar for obstacle avoidance

Multibeam Echo Sounder

Pipeline inspection

for long range 3D images

Underwater Laser Scanner for short range 3D imaging (provides the information of sonar but with far greater accuracy)sonar but with far greater accuracy)

High Definition Digital Camera using Photo Mosaicing Techniques

Pipeline Auto Tracking, Image Recognition

for Accurate Navigation & Pipeline

features recognition

Hydrocarbon Leak Detection

Subsea robotics road map:

ResidentFree-Space Optics

for Tetherless control – Real Time Video / Data Transfer

AUV’ t h l ff i dResident

surveillance

Residentworking AUV

AUV’s technology offers increased surveillance and inspection capabilities with reduced cost, as well as promising working

capabilities.Pipeline

inspection

surveillance

MCE-DD 2014 – Setting the scene – F Garnaud Total 12

conclusionconclusion

Keys for tomorrows deep offshore industry:

Keys for tomorrows deep offshore industry:

Complex challenges Complex challenges

• Technological innovation capabilities

• Strong operational experience

• Technological innovation capabilities

• Strong operational experience

remain to be faced

• New frontiers

remain to be faced

• New frontiers• Combination of frontiers

and challenges• Combination of frontiers

and challenges

All innovation to be fully qualified before implementation!

DISCLAIMER AND COPYRIGHT RESERVATION

The TOTAL GROUP is defined as TOTAL S.A. and its affiliates and shall include the party making the presentation.

DisclaimerThis presentation may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations business strategy and plans of TOTAL GROUP that are subject toresults of operations, business, strategy and plans of TOTAL GROUP that are subject to risk factors and uncertainties caused by changes in, without limitation, technological development and innovation, supply sources, legal framework, market conditions, political or economic events. TOTAL GROUP does not assume any obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise. Further information on factors which could affect the company’s financial results is provided in documents filed by TOTAL GROUP with the French Autorité des Marchés Financiers and the US Securities and Exchange Commission.Accordingly, no reliance may be placed on the accuracy or correctness of any such statements.

CopyrightAll rights are reserved and all material in this presentation may not be reproduced without the express written permission of the TOTAL GROUP.

14Kit R&D Deep Offshore - External - July 2012