French-headquartered energy giant TotalEnergies has completed all the required steps to pull out of Myanmar while Thailand’s PTTEP has taken over the operatorship helm at the Yadana offshore gas field. Back in January 2021, TotalEnergies announced its decision to withdraw from its operations in Myanmar, specifically the Yadana field and …
Read More »TotalEnergies in New Papua LNG Milestone
On 20 July, TotalEnergies, as the operator, announced the decision of the Papua LNG joint venture to launch the first phase of these FEED studies. In parallel, studies for the downstream liquefaction facilities are progressing in line with the overall project schedule, according to TotalEnergies. The objective is to launch …
Read More »TotalEnergies to Intensify Oil Production in next 5 Years
Oil major, TotalEnergies has pledged to upscale investment in Nigeria, targeting more oil and gas production in the next five years. The firm said, it is also deepening partnership with the federal government to achieve its target of providing electricity to 80 per cent of the population by 2030. In …
Read More »French Energy Companies Ask Customers to Use Less Gas
In a rare joint letter, the heads of France’s three largest energy companies have urged the French to use less energy in anticipation of even worse supply. “We need to work collectively to reduce our consumption in order to regain room to manoeuvre,” the chief executives of TotalEnergies, EDF, and …
Read More »Shell’s Iraq JV Gas Capture Boost Hinges on Oil Fields Reaching their Plateau
Plans by Shell’s Iraq gas capture joint venture to ramp up its operations hinges on three southern oil fields reaching their plateau level of production to allow the JV to process more associated gas, the country chairman of Shell Group of Companies in Iraq & UAE said June 18. Under …
Read More »Asia’s Energy Crunch Turns from Bad to Worse on US Export Fire
Asian liquefied natural gas buyers are ratcheting up competition with Europe to secure spare supply as a series of outages threatens a shortage this winter. A new timeline presented on Tuesday to restart a key US liquefied natural gas export plant was much longer than traders had anticipated, while lower …
Read More »France’s TotalEnergies Signs Deal to Develop Giant Gas Field in Qatar
French oil company TotalEnergies was awarded a 25 per cent stake to develop the world’s largest natural gasfield in Qatar as the Gulf state aims to increase its production and respond to higher global demand for LNG. State-owned QatarEnergy will hold the remaining 75 per cent stake in the North …
Read More »Big Oil Set to Win Stakes in Qatar’s Huge LNG Expansion Projects
Some of the biggest international oil and gas majors, including ExxonMobil, Shell, and TotalEnergies, are expected to be awarded stakes in the major expansion projects of one of the world’s top LNG exporters, Qatar, sources familiar with the matter told Bloomberg on Tuesday. Qatar announced last year the world’s largest …
Read More »Eni, TotalEnergies Start Drilling Offshore Cyprus
Italian Eni and French TotalEnergies on Monday began the exploratory drilling of a natural gas well off the coast of Cyprus in the same block where a discovery was made in 2018. On Monday, the Tungsten Explorer drillship arrived off the coast of Cyprus to begin drilling in Block 6, …
Read More »TotalEnergies Starts Work on First Offshore Wind Farm off France
French energy major TotalEnergies has started construction of the Eolmed project, operated by Qair and in which TotalEnergies has a 20 percent stake. This 30 MW project is located some 12 miles off the coast of Gruissan and Port la Nouvelle. The start of production is expected by 2024. The …
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