WoodMac names five UK North Sea wells to watch for 2023, with potential play-openers included
Plays by Shell (LON: SHEL), TotalEnergies (LON: TTE) and Ithaca Energy (LON: ITH) are listed amongst Wood Mackenzie’s UK North Sea wells to watch.
TotalEnergies
Ponticelli begins maintenance work at Total’s Alima
Workers from Ponticelli Frères are going to work on TotalEnergies’ Alima FPU, in Congo Brazzaville, for a planned 16 days of maintenance.
Gas over coal for South Africa, TotalEnergies boss argues
TotalEnergies can develop gas offshore South Africa responsibly, the CEO has argued, and help the country reduce emissions.
EACOP out of line with IFC standards, Kenyan insurer withdrawal suggests
East Africa-focused financial services provider Britam Holdings has opted out of insuring a controversial pipeline project – in a move that has been hailed by opponents.
Windfall Tax: Ithaca to benefit, EnQuest and Neptune to feel the pinch
Ithaca Energy (LON: ITH) will benefit from recent changes to the windfall tax, but rivals Neptune Energy and EnQuest (LON: ENQ) will be harder hit, according to new research.
XR goes big on fake oil in protests at SLB, Ineos and others
Extinction Rebellion has targeted a number of companies it sees as implicated in fossil fuel production, including service companies, financiers and a PR company.
TotalEnergies plans exploration off South Africa West Coast
TotalEnergies is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity.
Total, Conoco close Waha sale despite some local opposition
TotalEnergies and ConocoPhillips have bought out Hess from Libya’s Waha concession, completing a deal that has taken around a year.
Conversion of OML 130 could trigger FID from Total at Preowei
Partners in Nigeria’s OML 127 and 130 continue to work on conversion to new terms – with success potentially triggering approval for the Preowei discovery.
TotalEnergies looks to hire rig for Lebanon drilling, after Israel deal
TotalEnergies and Eni have reached a deal with Israel allowing them to begin exploration in Lebanon’s Block 9.
Egypt inks seven decarbonisation MoUs, including Idku flare study
Egypt has struck a number of agreements with energy companies around sustainability and reducing emissions, including at the Idku liquefaction plant.
COP27 activists pursue Pouyanne over Russia “blood money”
Activists at COP27 have accosted Patrick Pouyanné, CEO of TotalEnergies, to demand answers about “bloody money” from the company’s Russian operations.
Semco Maritime secures five-year contract with TotalEnergies in Danish North Sea
TotalEnergies has awarded Semco Maritime a five-year contract to provide manpower and construction services on its installations in the Danish North Sea.
South Africa’s upstream bill to resolve woes, SAOGA head says
South Africa can develop its natural resources and achieve net zero, according to one industry insider, but more must be done legislatively and to secure community support.
Exclusive: World’s worst greenhouse gas escapes from giant Scottish wind farm
Workers were forced to evacuate from a transformer platform in the giant £3billion Seagreen wind farm 27 miles off Scotland’s Angus coastline, following an escape of “the most potent greenhouse gas” in the world.
Kingfisher rig in place, Tilenga’s rig on the move
CNOOC Uganda has erected the Kingfisher rig on location, in Uganda’s western Lake Albert, as drilling plans move ahead.
Shell, BP, TotalEnergies face many pitfalls on decarbonisation journey, says Moody’s
Oil and gas investments by Europe’s three largest integrate energy companies are likely to remain significant through to 2030.
UK well-slot: Could Orlov be a hero for Shell?
As of 27 October, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. One appraisal well is currently active in the CNS. One well completed at Serenity.
Gas finds helped deliver East Med deal, but inflation is looming
The drive to secure additional energy supplies in the East Mediterranean was a rare case of hydrocarbons aiding, rather than hindering, a political agreement, Energean head Mathios Rigas said this morning.
Novatek eyes exporting LNG to Vietnam
Russia’s Novatek is considering exporting liquefied natural gas (LNG) to Vietnam for existing and future power plants, said the Russian gas company's CEO, Leonid Mikhelson.
Eni confirms start up at Coral Sul, with BP to profit on LNG sales
Eni and ExxonMobil have both confirmed the start up of the Coral Sul floating LNG (FLNG) project, offshore Mozambique.
NSTA investigation launched as oil firm suspected of licence breach
An investigation has been launched into whether a North Sea operator has reneged on its licence commitments after failing to drill a well.
TotalEnergies staff bag salary bonus in ‘favourable’ quarter
TotalEnergies (PAR:TTE) will award all staff a one-month salary bonus, as it looks to share record profits made through the year to Q3.
TotalEnergies’ Russian LNG impairment keeps on rising
TotalEnergies has increased its Russia impairment by another $3.056 billion over challenges in its LNG plans.
TotalEnergies forms 12GW JV with Brazil’s Casa dos Ventos
TotalEnergies is to form a new joint venture to develop and operate wind and solar assets held by Brazil’s Casa dos Ventos.