Refining drives doubling of TotalEnergies’ second quarter income
TotalEnergies has reported net income of $5.69 billion, up more than two and a half times from the first quarter, driven largely by its downstream and chemicals operations.
TotalEnergies
Eni, ANPG reach greenlight for first gas development in Angola
A group of foreign investors in Angola have taken the final investment decision (FID) on the New Gas Consortium, paving the way for more gas deliveries to the Angola LNG plant.
Angola boosts oil revenues, cuts debt
Angola exported $11.8 billion worth of oil in the second quarter of the year, from 103.6 million barrels of oil.
Big Oil set for record profit as world hit by fuel cost pain
Big Oil is poised for a record-breaking $50 billion profit in the second quarter, but the industry’s stellar performance could contain the seeds of its own decline.
Technip Energies signs up to work on Total’s Le Havre FSRU
Technip Energies will supply a marine loading arm to TotalEnergies at the planned FSRU project in France.
TotalEnergies’ Ikike reaches first flows
TotalEnergies (LON:TTE) has started production at the Ikike field, offshore Nigeria, which should reach peak production of 50,000 barrels per day by the end of the year.
SSE tips first power from Seagreen by end of July
The energy group reported strong quarterly performance and said it expects to generate first power from its Seagreen offshore wind farm by the end of this month.
TotalEnergies has “definitively withdrawn” from Myanmar
TotalEnergies said Wednesday that it has “definitively withdrawn” from Myanmar following its announcement in January that it had decided to exit the Yadana field and from gas transportation company MGTC, both as shareholder and as operator, within six months.
TotalEnergies starts upstream FEED studies for Papua LNG
TotalEnergies said it will launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project's upstream production facilities in Papua New Guinea (PNG).
EMEC research project to reap local benefits from West of Orkney wind farm
The Orkney-based European Marine Energy Centre (EMEC) has kicked off a new research programme in partnership with the West of Orkney wind farm, as part of a broader £140 million supply chain commitment.
UK government approves 8GW of offshore wind from fourth leasing round
The Crown Estate has been cleared to sign lease agreements for more than 8 gigawatts (GW) of new fixed-bottom offshore wind projects off England and Wales as part of Leasing Round 4.
Eni, TotalEnergies, Oxy commit to $4bn Berkine Basin spend
Eni, TotalEnergies, Occidental Petroleum and Sonatrach have signed a production-sharing contract (PSC) extending control over two blocks in Algeria’s Berkine Basin.
Adnoc, TotalEnergies to deepen co-operation, with state backing
Adnoc and TotalEnergies have signed a deal to work together, while France and the United Arab Emirates have also made high-level commitments.
Impact aims to raise cash for Venus, teases development option
Impact Oil & Gas has set out an open offer to raise up to $60 million in order to finance its participation in Namibia’s Venus discovery.
Searcher relaunches seismic plans, as SA ponders energy future
Searcher Seismic has filed for a new application to shoot 3D seismic offshore South Africa, in what is set to be a new test for the country’s willingness to approve such work.
TotalEnergies signs exploration deal covering large gas prospect offshore PNG
TotalEnergies’ (LON:TTE) is planning to explore a large undrilled shallow-water gas prospect in the Cape Vogel basin offshore Papua New Guinea (PNG) after signing a technical cooperation agreement with Australia’s Lakes Blue Energy.
Kistos enters UK North Sea with acquisition of stake in West of Shetland assets
Kistos Energy, former RockRose Energy CEO Andrew Austin’s latest venture, has completed the acquisition of a stake in a package of West of Shetland assets.
Subsea tree awards plummet as inflationary pressures prompt project postponements
Global energy project delays, stemming from tight supply chains, delivered a big blow to subsea tree awards in the first half of the year.
Oil majors near concept-select for electrifying North Sea platforms
Oil majors Shell, BP, TotalEnergies and independent Harbour Energy are nearing a concept selection for electrification of several North Sea platforms.
Bangalane takes up role as head of INP
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
EACOP submits construction application to Uganda
The East African Crude Oil Pipeline (EACOP) company has applied to the Ugandan government for a licence to begin construction.
Shell buys into Total-spurned Gulf of Mexico project with Equinor
Shell is buying a 51% stake in the North Platte development, in the US Gulf of Mexico, from Equinor, the Norwegian company has revealed.
Shell will not pursue standalone plan for Linnorm gas development
The Linnorm gas discovery in the Norwegian North Sea will not be progressed as a separate development, operator Shell confirmed last week.
Pouyanné calls for immediate action to reduce energy use
The heads of Engie, EDF and TotalEnergies have called on the French to cut energy consumption as the European energy system comes under strain.
ExxonMobil joins energy majors investing in Qatar gas project
ExxonMobil is investing in a $29 billion project to boost Qatar’s gas exports, joining others including ConocoPhillips, TotalEnergies and Eni.