Update: Oil production continues amid Gabon coup
A TotalEnergies official said the company was “mobilised to ensure the safety of its employees and operations, which is its main priority”.
TotalEnergies
Greenpeace calls for Rugby Wold Cup oil ads to be sent to sin bin
Ahead of the Rugby World Cup, Greenpeace has called for a ban on all fossil fuel advertising and sponsorship in sports.
TechnipFMC wins more Girassol work from TotalEnergies
“We have good knowledge of this field, having built the subsea tree systems for the original Girassol development. It gives us immense pride that our long-term clients continue to show trust and confidence in our solutions through subsequent awards.”
TotalEnergies snaps up stake in Norwegian carbon storage licence
French supermajor TotalEnergies (Paris:TTE) has struck a deal to acquire a sizeable stake in a carbon storage licence offshore Norway.
Oil giants target December 2028 for North Sea electrification scheme
Details on new infrastructure and Aberdeenshire landfall locations for emissions-busting project at Harbour Energy, BP, TotalEnergies and Shell platforms.
Inpex, Total secure more gas for Ichthys exports
"This acquisition is also supported by the efforts undertaken with Inpex in the Bonaparte CCS Assessment joint venture to appraise the area’s potential for geological storage of CO2, in order to abate CO2 emissions from the Ichthys LNG project.”
Shell eyes 2025 start up for Victory gas field west of Shetland
Environmental regulator OPRED has opened up a public consultation on the new project which sits 29 miles off Shetland.
TotalEnergies to see North Sea fees raise by millions following ETS changes
Changes to the UK's Emissions Trading Scheme will result in Supermajor TotalEnergies (XPAR:TTE) seeing a near £30 million hike in fees.
Transocean Barents arrives in Lebanon for Total drilling
Transocean has reported the day rate for the rig is $365,000 under the one-well contract.
TotalEnergies hails milestone at Ailsa FSO
TotalEnergies (XPAR:TTE) has marked a milestone for its Ailsa floating storage and offloading (FSO) vessel in the North Sea.
RWE sees climate goals at risk as global wind power in crisis
Progress on protecting the climate could be at stake if the difficulties facing the offshore wind industry persist, RWE's head Markus Krebber said.
Indian tycoon Adani prepared to go solo on hydrogen mega-project
India’s Gautam Adani is prepared to go it alone in spending billions of dollars on developing green hydrogen in India, after TotalEnergies put a plan to partner in the venture on hold.
Adnoc makes first major global gas deal with Azeri buy
The biggest oil producer in the United Arab Emirates is buying a stake in a natural gas field in Azerbaijan, marking the company’s first major international purchase of upstream hydrocarbon assets.
Renewables group Zhero garners backing of TotalEnergies, Baker Hughes, Technip
A cohort of major energy sector names have rushed to back renewables developer Zhero Europe in its latest funding round.
Eskom slaps conditions on emergency bidders to stop grid hogging
Eskom has imposed conditions to access the national grid on 1,850 megawatts worth of projects in South Africa that developers including Karpowership and Electricite de France have struggled to complete since they were awarded in March 2021.
TotalEnergies plans for decommissioning of Gryphon Alpha FPSO
TotalEnergies is tendering for work for the disconnection, removal and recycling of the Gryphon Alpha FPSO stationed off Shetland in 2025.
Shell, Total flag Namibia as a major work in progress
“In September we’ll have the results of the first test, which is very important. Productivity per well is important, if it’s 15,000 barrels per day it’s fine, if it’s five, it’s not fine.”
Softer prices take toll on TotalEnergies
In addition to these big ticket plans, the Total board approved the payment of 40% of cash flow to shareholders. The dividend increased 7.25% year on year, while another 2 billion euros was approved for buybacks.
Total launches Murchison Falls drilling, to NGO opposition
The NGOs raised concerns beyond drilling, though. They predicted more than 2,000 truck trips per day may take place during work.
TotalEnergies to bulk up in renewables with Total Eren purchase
Total Eren has 3.5 GW of renewable capacity around the world. It also has another 10 GW of solar, wind, hydropower and storage projects in the pipeline, in 30 countries.
Big Oil’s weak chemical margins add to pain of cheaper crude
Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to the pain companies are feeling from lower oil and gas prices.
Namibia needs an independent upstream regulator
Namibia has recently gained significant attention as a result of the offshore discoveries by TotalEnergies and Shell in 2022. Namibia seems on its way to becoming a major oil and gas producer.
TotalEnergies backs NextDecade’s Texan LNG FID
Other partners include Global Infrastructure Partners (GIP), GIC and Mubadala. These companies will provide $4.8bn and will receive 62.5% of funds generated from the Rio Grande LNG first phase. The largest commitment comes from GIP, which is stumping up $3.5bn.
TotalEnergies, BP make big waves in German offshore wind auction
TotalEnergies and BP were awarded rights for 7GW worth of offshore wind concessions in German waters, paying more than €12bn to secure the areas.
Africa Oil increases Orange Basin stake ahead of drilling programmes
“At least three exploration wells offshore the Northern Cape province will be drilled in 2024 to prove the petroleum resource potential in the Orange Basin.”