Tag Archives: TotalEnergies

The head of French energy major TotalEnergies said Wednesday (5 October) that a possible price cap on Russian oil over the Ukraine war would benefit Russian President Vladimir Putin. The group’s chairman and CEO Patrick Pouyanné made the remarks at the Energy Intelligence Forum industry gathering in central London. “Honestly, …

QatarEnergy has selected France’s TotalEnergies as its first international partner in the North Field South (NFS) liquefied natural gas (LNG) expansion project in Qatar. As per the agreement terms, TotalEnergies will effectively hold a 9.37% stake in the 16 million tons per annum (Mtpa) NFS project. QatarEnergy intends to offer …

France’s TotalEnergies has signed a further $1.5 billion investment in Qatar’s natural gas production expansion, which comes as Europe scrambles to find new energy sources to replace Russian supplies. The French energy giant will have a 9.3 percent stake in the North Field South gas project, the first foreign partner …

Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation’s mines and energy minister said on Friday. Both companies announced earlier this year that they had made “significant” discoveries offshore Namibia, and are currently making assessments. …

French energy giant TotalEnergies has agreed to divest its 49% stake in Termokarstovoye gas and condensates field in Serbia, Russia to its local joint venture partner Novatek. The transaction includes the sale of Terneftegas, which operates the Termokarstovoye oil and gas field. Upon the completion of the transaction, Novatek will …

French energy firm TotalEnergies said Friday it was divesting its stake in a Russian gas field that was reported this week to be providing fuel that ends up in Russian fighter jets. The company said that it had signed a deal on Friday with its local Russian partner Novatek to …

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 …

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 …

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 …

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 …