French oil and gas company Total has created a new gas, renewables and power division to strengthen its position in global energy industry.
The new business division, which will take effect from 1 September 2016, is intended to help Total to expand in gas midstream and downstream, renewable energies and energy efficiency.
Total said that the new segment will integrate the businesses of the current Gas and New Energies divisions excluding biotechnologies, with a new Innovation & Energy Efficiency division.
Total chairman and CEO Patrick Pouyanné said: "We intend to deploy a proactive strategy in gas markets to meet demand and identify new outlets for our production.
"We have multiple ambitions in renewables in 20 years’ time: be in the top three in solar power, expand in electricity trading and energy storage, be a leader in biofuels, especially biojet fuel, and consider potential development opportunities in other renewable energies.
"Our ambition is to create a new business that will help make Total the responsible energy major."
Additionally, Total has created a new segment to improve efficiency, by pooling support services globally that include accounting, purchasing, information systems, training, human resources and facilities management.
Effective from 1 January 2017, the Total Global Services segment will help sustainably improve efficiency, create value and reduce costs.
Pouyanné said: "The entities making up Total Global Services will operate as service companies for customers across business segments and at the corporate level."
Total currently has three business divisions which include exploration and production; marketing and services, and refinery and chemicals.