The French supermajor plans to increase operating expenditures savings from $3 billion to $4 billion by 2018, while also targeting a growth in production, it said on Thursday in its strategy and outlook presentation.
The company is eyeing an increase of 5% per year in production from 2014 to 2020. Post 2020, Total is targeting a growth of between 1% and 2% per year, it said.
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