Updated: TotalEnergies riding wave of increased oil prices, signs offtake agreement with Amazon
TotalEnergies enjoyed a strong financial showing in the first half of 2021, driven by a recovery in the oil price.
TotalEnergies
Southeast Asia deepwater spend set to double in 2021
Deep-water drilling activities are bouncing back in Southeast Asia following a lacklustre 2020 with overall spending expected to rise 51% this year to $504 million and almost back to 2019 levels, estimates from Rystad Energy show.
Deepwater activities in Southeast Asia set to boom
Deepwater upstream projects are increasingly important for Southeast Asia, where new investment in production is critical to meet rising demand for oil and gas, as economies continue to expand.
TotalEnergies’ Papua LNG advancing as ExxonMobil’s P’nyang talks look up
TotalEnergies and its partners are targeting to start front-end engineering and design (FEED) work at the Papua liquefied natural gas (LNG) project, led by the French company, next year. Significantly, ExxonMobil could also be close to cutting a critical deal with the Papua New Guinea (PNG) government that would help expand the development.
Sailaway: Tyra topsides leave Singapore for TotalEnergies North Sea project
The platform topsides for the TotalEnergies-operated Tyra redevelopment have left Singapore for the North Sea.
TotalEnergies successfully delivers key solar project in Indonesia
TotalEnergie has finished building a second solar photovoltaic (PV) rooftop installation at one of Indonesia’s largest petrochemical facilities owned by Chandra Asri.
TotalEnergies, Technip sign up to decarbonise LNG, offshore
TotalEnergies and Technip Energies have signed a technical co-operation agreement to develop low-carbon LNG and offshore facilities.
Bidding war could erupt for crisis-hit Oil Search
Following Santos' proposed takeover offer for Oil Search, which has major stakes in Papua New Guinea’s emerging LNG sector, a bidding war could emerge. Likely acquirers include ExxonMobil and TotalEnergies, both of which have big shares in the PNG projects.
That’s all folks! – ScotWind application window slams shut
Offshore wind developers have been praised for the “time, effort and investment” they’ve put into their ScotWind applications.
TotalEnergies boss sees ‘strong synergies’ between oil and gas and offshore wind
One of TotalEnergies’ UK bosses has said there are “strong synergies” between its oil and gas and offshore wind operations, particularly in the North Sea.
Global E&C brings in Banchory man to spearhead growth push
A Banchory man whose fingerprints are on several major North Sea projects has been hired by Global Engineering and Construction (E&C) to bolster the Granite City firm’s growth plans.
TotalEnergies exits Kurdistan with ShaMaran sale
ShaMaran Petroleum has struck a deal to buy an 18% stake in the Sarsang licence, in Kurdistan, from TotalEnergies.
TotalEnergies pulls out of Tellurian’s Driftwood LNG
TotalEnergies and Tellurian have parted ways over an ambitious LNG supply and shares agreement.
UN rights expert urges sanctions on Myanmar oil and gas
A United Nations (UN) human rights investigator has urged countries to impose economic sanctions on Myanmar’s oil and gas sector to cripple the military junta that seized power in a coup five months ago, reported Reuters.
Oil and dollars: why the UAE is risking a falling-out with OPEC+
The OPEC+ oil cartel is facing its biggest crisis since a price war at the start of the coronavirus pandemic.
Qatar Petroleum signs up for more South African acreage
Qatar Petroleum (QP) has signed deals with TotalEnergies on entering three more offshore exploration blocks in South Africa.
Robots primed to deliver step change in offshore energy industry safety
The rise of the machines – it’s not something that’s ever portrayed in a positive light in Sci-Fi movies or novels. But a new legion of souped-up robots is getting ready to boot up and make the offshore energy sector safer, keeping us out of harm’s way.
Qatar signs deal with Shell to supply more LNG to China
Qatar Petroleum is set to supply another 1 million tonnes per year (t/y) of liquefied natural gas (LNG) to China after signing a 10-year contract with Shell. The deal brings Qatari LNG supplies to China under long-term deals to 12 million t/y.
Cerulean reveals key partner for huge North Sea floating wind and platform electrification scheme
A fledgling company behind a £10-billion plan to decarbonise swathes of North Sea oil platforms using 200 of the largest floating wind turbines has revealed the identity of one of its partners.
TotalEnergies to host virtual offshore wind supply chain event
TotalEnergies is inviting Scottish supply chain companies to find out more about the opportunities arising from its offshore wind ambitions.
Exclusive: Equinor becomes latest company to confirm ScotWind participation
Norwegian energy giant Equinor is the latest company to confirm its involvement in Scotland’s offshore wind leasing round.
Big oil CEOs join traders in seeing possibility of $100 oil
The bosses of some of the world’s biggest oil companies said crude prices are likely to keep rising because a lack of investment will curtail future supply.
Uganda refinery FEED to complete in August
Front-end engineering and design (FEED) work on the Uganda refinery should be completed in August, with a final investment decision (FID) possible in June 2022.
Chevron, TotalEnergies tipped for Suriname shallow-water blocks
Suriname has named Chevron, TotalEnergies and Qatar Petroleum (QP) as submitting the best bids for blocks under the 2020-21 bid round.
EVOL: ScotWind stampede, up a Nigerian creek and Equinor’s Knarr-ly plan
This week, Hamish, Ed and Mark discuss the latest entry of an oil giant into the bidding process for ScotWind, as TotalEnergies planted its flag in the … seabed… With just a month before the application window closes, we mull whether some oil giants might be conspicuous by the absence.