The first was on increasing production at Tin Fouyé Tabankort (TFT). The two companies agreed to convert the TFT II and TFT Sud contracts to the new hydrocarbon law, which Algeria passed in December 2019.
Greenpeace said France must demonstrate LNG imports are “the best option available”. If it cannot do this, the NGO said, the directive from March 2023 on commissioning the Le Havre FSRU should be cancelled.
Woodside has said there is a one-well commitment on the licence, due by the end of 2025.
Latham said the industry admired “operators who can not only open new frontiers, but also find large volumes of advantaged resources. TotalEnergies recent efforts and discoveries have been excellent examples of both trends.”
Dozens of workers employed by French supermajor TotalEnergies (PARIS: TTE) have overwhelmingly voted in favour of an improved pay offer.
“Many financial institutions have refused to underwrite this project and if TotalEnergies backs off, the government of Uganda would have a hard time funding this project, so we can win."
At FID, Total said it aimed to start commercial operations in 2027.
Africa Oil bought a 50% stake in Prime in January 2020 for $519.5mn. It has taken $712.5mn in dividends from the company, recovering its investment in under three years.
“However, there are challenges. Nigeria is not known for short lead-times, particularly where JV projects are concerned."
Production has been suspended at the TotalEnergies-operated Edradour field west of Shetland, amid reports that increased water output is causing issues.
Total began producing at Ofon in 1997. It started up a second phase, which brought an end to gas flaring and increased capacity to around 100,000 barrels per day, from 50,000 bpd, in 2014.
While it’s not a panacea - and may never actually kick into force - the windfall tax price floor could help with financing the $5bn of North Sea projects awaiting FID.
Total has said that development of Tilenga will be limited to less than 1% of park land.
Construction of the Seagreen wind project is nearing completion, passing the century mark this week.
Kistos (LSE: KIST) says it is “ready to sanction” the Glendronach and Edradour West projects in the West of Shetland, pending agreement with operator TotalEnergies.
There's been numerous cases over the last decade in UK North Sea exploration where company estimates have been way off the mark.
TotalEnergies will face two climate-related resolutions at its annual shareholder meeting on Friday – but what is it that activist investors want?
Following talks with other bodies involved in the region, Rufin said “information flows little and poorly between Mozambique LNG and other actors”.
The Department of Mineral Resources (DMRE) accepted the scoping report on March 24.
A group of nonprofits is pushing Barclays Plc to retract an analyst research note they claim amounts to a “whitewash” of the environmental and social impact of an African oil pipeline being developed by companies including TotalEnergies SE.
Unite the Union’s balloting of members employed by TotalEnergies is coming to a close today ahead of another week of strike action in the North Sea.
“We are ready . We will continue to lift the veil on TotalEnergies' responsibility for global warming. See you in court.”
US-listed Cobalt International Energy initially explored the blocks. Total bought into the assets in 2019 from Sonangol, following Cobalt’s bankruptcy.
The Al Ruwais facility would use electric-drive trains, running on renewables and nuclear power. As a result, Adnoc said, it will be “one of the lowest carbon intensity LNG facilities in the world”.
TotalEnergies (PARIS: TTE) could be in line for a “significant boost” if a discovery is made at a key West of Shetland prospect.