Thailand’s PTT Exploration & Production (PTTEP) said yesterday that there is still “no clarity” around access to the Chevron-operated Erawan gas field off Thailand ahead of a transition next year. PTTEP wants access before next April’s handover to ensure a smooth transition and stem a production decline at the field, which is key to Thai energy security.
French oil company TotalEnergies and Norway’s Equinor decided to quit a key venture in Venezuela, adding to an exodus of foreign firms in recent years as the country’s energy industry has withered.
TotalEnergies enjoyed a strong financial showing in the first half of 2021, driven by a recovery in the oil price.
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 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 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.
The platform topsides for the TotalEnergies-operated Tyra redevelopment have left Singapore for the North Sea.
TotalEnergie has finished building a second solar photovoltaic (PV) rooftop installation at one of Indonesia’s largest petrochemical facilities owned by Chandra Asri.
TotalEnergies and Technip Energies have signed a technical co-operation agreement to develop low-carbon LNG and offshore facilities.
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.
Offshore wind developers have been praised for the “time, effort and investment” they’ve put into their ScotWind applications.
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.
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.
ShaMaran Petroleum has struck a deal to buy an 18% stake in the Sarsang licence, in Kurdistan, from TotalEnergies.
TotalEnergies and Tellurian have parted ways over an ambitious LNG supply and shares agreement.
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.
The OPEC+ oil cartel is facing its biggest crisis since a price war at the start of the coronavirus pandemic.
Qatar Petroleum (QP) has signed deals with TotalEnergies on entering three more offshore exploration blocks in South Africa.
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 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.
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 is inviting Scottish supply chain companies to find out more about the opportunities arising from its offshore wind ambitions.
Norwegian energy giant Equinor is the latest company to confirm its involvement in Scotland’s offshore wind leasing round.
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.
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.