The French oil organization, with an African mainland, has an appropriate balance sheet for almost a third of the activities, which is marked by a 12% capital return. A figure supported by the rise in hydrocarbon production, oil prices and the expansion of the group's projects, especially in Africa.
In a statement, a French oil group whole, one of the top players in the energy sector, a net profit of $ 13.6 billion in 2018, a 28% increase over the previous year. The equivalent to capital return is employing around 12%. Figure expended rising oil prices $ 71 / barrel trading at its average in 2018 versus $ 54 / barrel in 2017. This result on equality (ROE) – which is The percentage between the net income and fairness that is invested by whole – the best one among the largest. It was announced that the results were made following a meeting of the Board of Directors that met on Wednesday, 6 February and with its seat Patrick Pouyanné, Head of the organization.
Results Whole group driven by an increase to 8% of production hydrocarbon Standing at 2.8 Mboe / d record and allowed the Agency's production inspection department to access the # 39; see a slight increase in income with 71%. In 2018, whole also started in Africa working its deep projects from Kaombo North in Angola andEgina in Nigeria. Outside Europe, its agency has embraced the Maersk Oil antibody barriers and new continental licenses in the United Arab Emirates. A group has also started its projects Ichthys in Australia and Yamal LNG in Russia. Operations want net investments of $ 15.6 billion.
So the company's cash flow was $ 26 billion in 2018, led by research and production up 31%. According to these numbers, whole says there is a strong balance with debt-to-equity ratio of 15.5% lower than the 20% target and maintaining its business expansion. In Cameroon, the LNG's natural gas project to Cameroon is expected to go to & # 39; starting in 2019. It is part of the overall equal gas and gas value chain chain development, which has also implemented its growth strategy. Petrochemicals launches projects in the United States, Saudi Arabia, South Korea and Algeria.