Big Oil’s run of record profit will suffer only a minor dent for the third quarter, even as the global economy shows signs of cracking under the pressure of rising inflation and interest rates.
Energy infrastructure manager px Group has secured a multi-year contract to operate the SEAL pipeline, which brings gas ashore from the central North Sea.
Half of the turbines are now in place at what will soon become Scotland’s largest offshore wind farm, as the construction of Seagreen continues off the Angus coast.
Major offshore wind developers, including bp (LON:BP), RWE Renewables, Equinor (OSLO:EQNR), Orsted (CPH:ORSTED), Shell (LON:SHEL), and TotalEnergies (LON:TTE), are excited by the huge offshore wind potential in energy-short Japan, delegates heard at the Japan Wind Energy 2022 conference in Tokyo.
South Africa’s PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies, according to its interim chairman.
TotalEnergies said it spotted an aerial drone close to an oil field in the Danish North Sea, intensifying concerns of an energy conflict erupting in Europe.
TotalEnergies chief executive Patrick Pouyanne is bullish on pushing his company into renewable energy even as the Russian invasion of Ukraine shakes up the global energy market.
Greenpeace International has named ExxonMobil, OMV and TotalEnergies as companies involved in storing crude on the FSO Safer, the ailing ship offshore Yemen.
TotalEnergies and its partners have has approved the final investment decision (FID) for the Fenix gas development, around 37 miles off the coast of Tierra del Fuego in southern Argentina.
Maersk Drilling (CPH: DRLCO) has secured a new contract for its Maersk Resolute jack-up with the Dutch unit of Petrogas, which will see additional wells added to its scope.