France’s Total failed to increase its oil and gas production in 2013 — despite a plan to return to growth for the year — and does not expect output in 2014 to exceed last year’s level due to the loss of a big chunk of production from Abu Dhabi. Total’s output slipped in the fourth quarter to 2.284 million barrels of oil equivalent/day due to the impact of field shut-ins in Libya and disruption to operations in Nigeria. For 2013 as a whole, output averaged 2.299 million boe/d, down from exactly 2.3 million boe/d in 2012, despite Total forecasting production growth for the year in February 2013. Total was impacted particularly in the fourth quarter by the shut-in of fields in eastern Libya due to the blockade of oil export terminals by protesters and rebels. Article continues below… Platts 7th Annual Global Crude Oil […]