Agreement Signed

Total Fina Elf.
9 June 2000


                   TOTAL FINA ELF GETS FINAL OFFICIAL APPROVAL
                   FOR OFFSHORE AMENAM/KPONO FIELD DEVELOPMENT

Paris, June 9, 2000 -- TotalFinalElf announces that its Nigerian subsidiary, Elf
Petroleum  Nigeria  Limited  (EPNL) has signed an agreement  with  the  Nigerian
National  Petroleum  Corporation  (NNPC)  for  the  financing  of  the offshore
Amenam/Kpono field.

The  Amenam/Kpono  field  straddles blocks OML 99 (operated  by  EPNL  for  the
NNPC/EPNL  Joint  Venture)  and OML 70 (operated  by  Mobil  Producing  Nigeria
Unlimited (MPNU) for the NNPC/MPNU Joint Venture) in a water depth of 40 meters.

Elf  Petroleum Nigeria Limited is the Unit Operator on the Amenam/Kpono  field,
in  which NNPC owns a 60% interest. EPNL and MPNU's interests will be determined
in  a future unitization agreement currently under discussion. Initial interests
are 31.2% for EPNL and 8.8% for MPNU.

Amenam/Kpono was one of the joint venture fields for which alternative  funding
was  discussed with NNPC. Following the agreement signed on June  7,  EPNL  will
assure  the financing of NNPC's share of development expenditures pertaining  to
the Amenam/Kpono field.

The  field  was discovered in 1990 with the well AMN-1 drilled by the  NNPC/EPNL
Joint  Venture on OML 99. The NNPC/MPNU Joint Venture confirmed the continuation
of  the field into OML 70 with the drilling of another well,
KPN-1, in 1995. The reservoirs are situated at depths greater than 3,500 meters
below the sea level.

Almost 500 million barrels of oil are expected to be produced for an investment
in the range of $1 billion. Production from the field will be evacuated through
a  30-kilometer pipeline linking the production platform to the Floating Storage
and Offloading (FSO) terminal located on EPNL's Odudu field in OML 100.

The  signing  of  the  agreement provides the final official  approval  for  the
development work on the Amenam/Kpono field, which is planned to start very soon.
Production start-up is planned for mid-2003. When fully on stream, it is
estimated that the field will attain a production rate of about 125,000 barrels
of oil per day. In line with  the  zero gas-flaring   policy,  the  associated 
gas  will be  either re-injected   or commercialized through the nearby NLNG
plant in Bonny.  The field is expected  to have a production life of over 25
years.

TotalFinaElf's  upstream strategy in West Africa is focussed on the  exploration
and  exploitation of first-rate assets, notably in deep offshore in the Gulf  of
Guinea. The Group is the fourth largest oil and gas producer in Nigeria  with  a
daily production of 140,000 barrels of oil and 6 million cubic meters of gas. In
addition,  it is the leading producer of hydrocarbons on the African  continent
with a daily production of 620,000 barrels oil equivalent.

Media Contacts :        
Thomas Saunders                   33 1 47 44 42 30
Catherine Enck                    33 1 47 44 37 76
Eve Gautier-Roux                  33 1 47 44 47 66
Elisabeth de Beaurnont            33 1 47 44 63 79