‘Sunrise, not sunset’: HitecVision looks to Penguins and Britannia investments in North Sea
Private equity player HitecVision has said the North Sea is “anything but mature” as it looks towards major investments in the UK sector.
Total
Valaris wins TotalEnergies well in Cote d’Ivoire
Valaris has won a one-well contract from TotalEnergies for work in Cote d’Ivoire, as operations begin to resume in the West African state.
ScottishPower boss says Aberdeen Uni transition centre can answer the ‘big questions’
ScottishPower's boss said today that Aberdeen University can play a “leading role” in answering the big questions surrounding the transition to a green economy.
TotalEnergies hindered by legal framework on more Myanmar action
French energy giant TotalEnergies has said it has done everything within its power for now to limit revenues going to the military junta in Myanmar while staying within a legal framework and maintaining crucial power supplies.
Total shareholders back company climate plans
Shareholders voting at Total’s AGM approved the company’s climate resolution, despite environmental NGOs warning the plan falls short.
Total completes TotalEnergies rebrand
Total has officially changed its name to TotalEnergies as part of efforts to reflect its net zero ambitions.
University partners with Total on energy transition course
Students studying energy transition programmes at the University of Aberdeen are set to benefit from a short course delivered by Total Professeurs Associés (TPA), which is supported by the energy company Total’s foundation.
Total and Chevron stop cash dividends by joint venture with Myanmar junta ties
Total and Chevron will suspend cash distribution by a joint venture that counts a Myanmar state-owned company as a shareholder.
Uganda arrests NGO worker after Total’s Tilenga investigation
Ugandan police have arrested an NGO member and an Italian journalist, in a move seemingly linked to an investigation of Total’s Tilenga project.
JX Nippon preparing sale of UK North Sea fields for $1.5billion
JX Nippon Exploration and Production Ltd. is preparing the sale of its oil and gas fields in the UK North Sea, according to people with knowledge of the matter.
Shell moves closer to new Bonga plan with NNPC deal
Nigerian National Petroleum Corp. (NNPC) has signed an agreement with its partners on OML 118, home of the Bonga field.
Decarbonise oil to stay the course
Stakeholder pressure on energy companies is having an impact on African projects, which is not necessarily straightforward divestment.
Norway wealth fund to oppose electing Pouyanne as Total director
The sovereign wealth fund of Norway will vote against the re-election of Total SE’s Patrick Pouyanne as director of the French energy company at this week’s annual general meeting.
Ponticelli poised to pursue more contract wins after Total coup translates to slim profit
Ponticelli UK looks poised to compete for more deals after a “satisfactory” maiden reporting period in which the company and its partners started work on a major UK North Sea contract with Total.
Total signs LNG supply deal as India seeks to decarbonise steel industry
Total and ArcelorMittal Nippon Steel (AMNS) have signed a deal for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026.
Mozambique, Nigeria talk gas at French summit
France held a summit on May 18 for African leaders, with discussions around debt, security and energy.
Industry chiefs warn of added ‘bureaucracy’ resulting from new pre-qualification platform
North Sea operators are being warned against introducing further “bureaucracy” amid concerns it could make life even more difficult for the supply chain.
‘Right assets right hands’ approach to decom may spell good news for integrated firms
A “right assets right hands” approach to retiring North Sea infrastructure could benefit new decommissioning suppliers, according to an industry chief.
Risk North Sea supply chain could go elsewhere if decom deferrals continue
North Sea supply chain companies could begin to move elsewhere if operators continue to defer decommissioning, it has been warned.
TechnipFMC, Energies deny Mozambique reports
TechnipFMC has rejected some claims around its Mozambique LNG work.
Big Oil braces for climate votes as investor pressure mounts
As Europe’s oil majors prepare to host their annual shareholder meetings, one topic is garnering almost all the attention.
IMF tips oil rich Guyana to be world’s fourth-largest growing economy in 2021
A global financial institution has forecasted that Guyana’s economy will be among the frontrunners for growth this year.
Total starts up production at Zinia phase 2
Total has begun production at its Zinia phase 2 project, on Angola’s Block 17.
Total talks up Papua LNG plan with authorities
Total has set out plans to get the Papua LNG plan back on track, following the declaration of force majeure on its Mozambique LNG project.
Total accused of alleged profiteering in Myanmar
Activist group Justice For Myanmar, which documents military-linked financial matters in the country, has accused French major Total of making excessive profits at Myanmar’s expense.