Tempa Rossa Project Officially Launched in Italy
Total has signed the final agreement with the Basilicata regional authorities in southern Italy to implement the development of the Tempa Rossa field. This agreement also defines the Group's environmental commitments and includes a project defining social actions with the Basilicata region.
Tempa Rossa was discovered in 1989 in the southern Apennines. The exploitation scheme comprises six production wells—five of which have already been drilled—tied into a production center. Storage for liquefied petroleum gas will be also built on the site and the oil will be piped to the terminal of the Taranto refinery.
With initial production in 2010 and peak production of around 50,000 barrels of oil per day, the Tempa Rossa field will significantly increase Italy's oil and gas production.
Total is the operator with a 50% interest, alongside partners ExxonMobil subsidiary, Esso Italiana s.r.l. (25%), and Shell (25%).
Total has had operations in Italy for around 50 years. Its interests include stakes in other exploration licenses in the Apennines, a 71.9% stake in the Rome refinery and a retail network of more than 1,400 service stations.
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