Total S.A. is a French multinational integrated oil and gas company and one of the seven "Supermajor" oil companies in the world. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. Total is also a large scale chemicals manufacturer and a major player in low-carbon energies.
Total was founded after World War I, when then French Prime Minister Raymond Poincaré rejected the idea of forming a partnership with Royal Dutch Shell in favour of creating an entirely French oil company. At Poincaré's behest, Col. Ernest Mercier with the support of ninety banks and companies founded Total on 28 March 1924, as the Compagnie française des pétroles (CFP), literally the "French Petroleum Company". Petroleum was seen as vital in the case of a new war with Germany. Total has its head office in the Tour Total in La Défense district in Courbevoie, west of Paris. The company is a component of the Euro Stoxx 50 stock market index.
Total has been a significant investor in the Iranian energy sector since 1990. In July 2017, Total and the National Iranian Oil Company (NIOC) signed a contract for the development and production of South Pars, the world's largest gas field. The project will have a production capacity of 2 billion cubic feet per day. The produced gas will supply the Iranian domestic market starting in 2021.
Total is the world's ninth-largest oil and gas company by revenue ($212 B). Total ranked 23rd on the Fortune Global 500 2017 List