Totalenergies — Total — Corporate Update (March 2020)

5 slides from Totalenergies's corporate update, Mar 23, 2020

Slide 1: Action plan at 30 $/b
[Action plan at 30 $/b
Slide 2: Capital investments, opex savings and buybacks under the action plan
Capital investments - 3.3 B$ Organic Capex: > 20% reduction • Play on flexible CAPEX of short cycle projects (Angola, ..) • E&P: 2.5 B$, Downstream : 500 M$, GRP: 300 M$, Opex savings + 500 M$ • Doubling efforts of ongoing program New 2020 objective : 800 M$ • Freezing recruitments except in key dom
Slide 3: HSE, Delivery, Costs and Cash
HSE, Delivery, Costs and Cash HSE H = Coronavirus –Health of each of us is a prerequisite S = Safety Total core value Zero fatalities E = fighting CO2 emissions Delivery Operational excellence across all segments Availability: getting the most out of each asset Executing launched projects on time an
Slide 4: 2020 action plan, immediate response to new environment @ 30 $/b
2020 action plan, immediate response to new environment @ 30$/b Capital Organic Capex: > 20% reduction investments • Play on flexible CAPEX of short cycle projects (Angola, .) - 3.3 B$ • E&P: 2.5 B$, Downstream : 500 M$, GRP: 300 M$, Doubling efforts of ongoing program Opex New 2020 objective : 800
Slide 5: Disclaimer
Disclaimer This document may contain forward-looking information on the Group (including objectives and trends), as well as forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, notably with respect to the financial condition, results of operations, b