Updated: CNOOC postpones Buzzard Phase 2 project to extend life of North Sea mega-field
CNOOC has confirmed the deferral of Buzzard Phase 2, a major project to extend the life of one of the North Sea’s largest-producing oil fields.
Total
OGA holds talks on green power plans for North Sea platforms
The Oil and Gas Authority (OGA) has hosted the first in a series of talks on using green power for Central North Sea platforms.
Turkey confronts EU with new energy survey off Cyprus
Turkey has dispatched a drilling ship to an area off the southwestern coast of Cyprus, in a move that could fuel territorial disputes with EU member states in the eastern Mediterranean.
Third phase of Mero development off Brazil sanctioned
Total and its partners have taken an investment decision for the third phase of the Mero project offshore Brazil.
Cnooc’s Buzzard platform could feed into carbon capture project
Chinese oil firm Cnooc’s Buzzard platform in the UK North Sea may have a role to play in a flagship carbon capture and storage (CCS) project, developers have said.
Sonamet completes testing on Zinia flowlines
Angolan contractor Sonamet has completed factory acceptance tests on all flowline structures for the next stage of work on the Zinia field.
Deepsea Stavanger arrives in Cape Town
South African Mineral Resources and Energy Minister Gwede Mantashe has welcomed Odjfell Drilling’s Deepsea Stavanger to Cape Towin.
NHV accuses Babcock of ‘race to the bottom’ over Total contract win
The chief executive of NHV has accused rival helicopter operator Babcock of engaging in a “race to the bottom” after a pair of North Sea contracts with Total changed hands.
Investment decision delayed on west of Shetland gas project, Ineos says
Total has put off making a final investment decision (FID) on its Glendronach gas discovery until next year, project partner Ineos has said.
EV Out Loud: Sour grapes, BP’s big shift and The Brothers Gupta
With Allister on his hols (somewhere in lockdown Aberdeen), special guest Stuart Broadley, chief executive of the Energy Industries Council – which sponsors this episode – joined Mark and Ed to size up the week’s biggest stories.
CHC says contract price cuts could impact safety
Helicopter operator CHC has warned that “unsustainable” contract pricing could affect training and development after losing a major deal with oil and gas firm Total.
Neo Energy completes revised UK North Sea deal with Total
Neo Energy, of Aberdeen, has completed the revised acquisition of a package of UK North Sea oil and gas fields from Total.
Total sells mature Gabon assets to Perenco
Total Gabon has struck a deal to sell stakes in seven mature offshore fields to Perenco, for $290-350 million.
Total maintains dividend despite net losses of £6.5bn, celebrates major oil discovery off Suriname
French energy giant Total this morning announced first-half net losses of £6.5 billion, but provided some cheer by maintaining its dividend and celebrating a major discovery off Suriname.
Total records $8bn writedown on carbon-heavy oil assets
Total SE announced an $8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the long-term viability of some oil and gas assets.
Total celebrates Bashrush flow
A well drilled offshore Egypt may be able to flow at up to 100 million cubic feet (2.83 million cubic metres) per day of gas, Total has reported.
Total agrees deal to sell Lindsey refinery
Total has signed an agreement to sell the Lindsey refinery to independent British conglomerate Prax Group.
Total enters into joint venture with Indian Oil Corporation
Total has entered into a partnership with Indian Oil Corporation (IOC) to manufacture and market bitumen derivatives.
Shetland hotel formerly used by Total extensively damaged by major fire
A Shetland hotel has been extensively damaged by a major blaze.
Report shows fossil fuels still make up 90% of Shell and Total’s capital expenditure
Shell and Total are being urged to put their money where their mouth is after a new report showed the pair are still investing much more in hydrocarbons than renewable energy.
Analysts predict historic BP dividend cut, all majors to post Q2 losses
For the first time since the West’s five energy supermajors were created in the early 2000s, all of them are set to post a quarterly loss.
Saipem bags Seagreen wind farm installation job
Italian engineering and construction firm Saipem has won a contract to install turbine foundations for the Seagreen wind farm, off the coast of Angus.
Total awards contract for offshore survival training to 3T Energy Group
Two offshore energy sector training firms in the 3T Energy Group have been picked to provide services to Total E&P UK.
Total secures Mozambique LNG financing
The $14.9 billion Mozambique LNG financing has been signed, Oil India Ltd (OIL) has said.
Report: Scotland holds ‘most attractive sites’ for floating wind as big growth forecast by 2040
A new report has claimed Scotland’s coastlines hold the “most attractive sites” for UK floating wind as the technology is set to explode over the next 20 years.