Windfall tax and lower oil prices dent TotalEnergies huge earnings
Lower oil prices and the UK's EPL saw TotalEnergies' E&P division earnings drop 47%.
TotalEnergies
Workers removed after power outage on TotalEnergies North Sea platform
Production has been completely shut down on the Culzean installation, 142 miles off Aberdeen.
Harbour rises through ranks of UK’s top production hubs
TotalEnergies retained its top spot for the most productive UK hubs in 2022, but Harbour Energy surged to overtake rivals in new data collated by Dundas Consultants.
First cargo delivered to India’s Dhamra LNG
TotalEnergies has confirmed the delivery of the first liquefied natural gas (LNG) cargo to India’s newest terminal, on the country’s east coast.
Unite union ballots 70 TotalEnergies workers for strike action
Around 70 offshore workers employed by the French supermajor, TotalEnergies, are balloting for strike action.
TotalEnergies weighs bid for $5bn oil explorer Neptune
TotalEnergies (PARIS: TTE) is considering a bid for private equity-backed oil and gas explorer Neptune Energy Group, people with knowledge of the matter said.
International offshore oil calls once more
Nigeria’s emissions are 16 kg of CO2 per barrel and Angola’s 17 kg, while on the shelf they rise to an average of 33 kg.
Glengorm: From largest discovery to uncertain future
Once hailed as the UK’s largest gas discovery in a decade, CNOOC’s Glengorm development is now more likely to become a subsea tie-back - if it progresses at all.
Activist investors seek TotalEnergies vote to curb emissions further
Investors including activist group Follow This filed a resolution to pressure TotalEnergies (PARIS: TTE) to vote for more ambitious emissions targets when the company holds its annual general meeting next month.
HSE issues top sanction after workers put at risk of ‘ionising radiation’ on North Sea platform
Offshore inspectors have issued their toughest sanction after a risk of radioactive contamination was found on a North Sea platform.
Oil majors sued by Kazakh government over billions in revenue
The companies operating two major oil fields in Kazakhstan are being taken to arbitration by the nation’s government, with billions of dollars of revenue at stake amid allegations of unapproved spending, according to people familiar with the matter.
TotalEnergies brings in QatarEnergy to unlock Iraq deal
Plans took a long time to progress because of a difference of opinions over terms and shareholding. Iraq had pushed for a higher stake in the project. Initially, its interest was to be held by the Iraq National Oil Co. (INOC), this was abolished in September 2022.
Valaris urged to follow TotalEnergies’ lead and open up on North Sea rig incident
A trade union boss is encouraging Valaris to be upfront about the circumstances that led to a worker going missing from a North Sea rig.
Total hammers out development plan on Luiperd
As the gas market grew, Africa Energies said the development of the Paddavissie Fairway would expand. The company believes there is more to be found in the region, based on 2D and 3D seismic.
TotalEnergies spuds West of Shetland ‘well to watch’
French supermajor TotalEnergies (LON: TTE) has begun drilling a hotly anticipated exploration well West of Shetland.
‘Someone could have died’: TotalEnergies opens up on Storm Otto helicopter incident
“We cannot let the fear of judgment get in the way of doing the right thing for safety - so we released the footage," TotalEnergies told the OEUK HSE conference.
Analysts: Laggan-Tormore, Clair Ridge among potential targets for Viaro
A handful of West of Shetland assets have been highlighted by industry experts as potential acquisition targets for Viaro Energy.
Couche-Tard to buy TotalEnergies assets for $3.3 billion
Canadian convenience-store operator Alimentation Couche-Tard Inc. agreed to buy almost 2,200 gasoline stations in Europe from TotalEnergies for €3.1 billion ($3.3 billion).
Wales gives green light to first floating wind project
The Welsh Government has granted consent for Wales’ first floating windfarm, Erebus, with high hopes the project will secure a CfD as part of the 2023 procurement round.
Woodside taps former TotalEnergies E&P boss in board reshuffle
Woodside Energy has announced a series of changes to its board, taking in a capital markets expert and a former Total executive to replace two retiring members.
Total calls time to FEED at low-carbon Papua LNG
“The Marape-Rosso government places high priority on the delivery of Papua LNG project, we have an improved deal for our people, and improved contribution of our national contractors and work force.”
Buy now, pay later: Supermajors set to continue record share repurchases
A year of high commodity prices and record profits for oil and gas majors has many questioning what to do with all their cash - with increasing amounts returned to investors via buybacks.
Video: Footage shows moment Storm Otto rips blades off helicopter
Footage has emerged showing the moment powerful winds from Storm Otto ripped the blades off a North Sea helicopter.
Cepsa sells down Abu Dhabi interests to Total
Cepsa said the sale was intended to allow it to focus on its Positive Motion strategy. This will make Cepsa a leader in sustainable mobility, biofuels and green hydrogen in Spain and Portugal, it said.
WBHO raises prospect of return to Mozambique LNG this year
Earlier this month, CEO and chairman Patrick Pouyanné visited Cabo Delgado and announced the appointment of a human rights rapporteur, Jean-Christophe Rufin.