(TotalEnergies, 7.Jun.2023) — Ahead of the Paris Air Show held in Le Bourget, TotalEnergies is stepping up production of sustainable aviation fuel (SAF) and low carbon energies of its Grandpuits site. These investments reflect the Company’s ambition to develop low carbon energies and the circular economy, and consist of: The doubling […]
Category: France
CGG Awarded OMV Contract for Multi-Year Dedicated
(CGG, 23.May.2023) — CGG has been awarded a new contract by OMV to continue operating a dedicated center at its head office in Vienna for an initial three-year period. During this time, OMV will continue to benefit from in-house access to CGG’s advanced seismic imaging and reservoir characterization technology, as […]
Technip Energies Awarded LNG Deal for the North Field South Project
(Technip Energies, 16.May.2023) — Technip Energies (Paris:TE) (ISIN:NL0014559478) announced that a joint venture (T.ENCCC JV), led by Technip Energies (T.EN) in partnership with Consolidated Contractors Company (CCC), has won a major (1) Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore facilities of the North Field South Project (NFS). This award will cover the […]
EAI’s NRGBriefs: Apr. 2023
(Energy Analytics Institute, 30.Apr.2023) — Energy briefs as well as others related to finance and politics during April 2023 including the US not blocking the court-ordered sale of shares of Citgo Petroleum Corp.’s parent company, PDV Holding, to pay off creditors who have sought payment from the Venezuelan state; OFAC authorizing […]
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TotalEnergies Reports Strong 1Q:23 Results [PDF Downloads]
(TotalEnergies, 27.Apr.2023) — TotalEnergies “again demonstrates its ability to generate strong results, posting in the first quarter 2023 adjusted net income of $6.5 billion,” CEO Patrick Pouyanné said. ____________________
Agreement Between Iraq and TotalEnergies
(Total, 5.Apr.2023) — While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi government have, through exchanges in the past months, including in 4 occasions between Prime Minister Al-Sudani and Chairman & CEO Patrick PouyannĂ©, jointly defined the necessary conditions and mutual […]
EAI’s NRGBriefs: Mar. 2023
(Energy Analytics Institute, 31.Mar.2023) — Energy briefs as well as others related to finance and politics during March 2023 including Staatsolie Hydrocarbon Institute (SHI), a wholly owned subsidiary of Staatsolie Maatschappij Suriname N.V., and launch of a competitive bid round of six new blocks in the currently sparsely explored Demerara […]
TotalEnergies Publishes its Full Response to Le Monde French Newspaper
(TotalEnergies, 23.Mar.2023) — Contrary to Le Monde French newspaper’s assertion that TotalEnergies refused to respond to so-called accusations, we are publishing the exhaustive answers we gave to Le Monde in the context of the preparation of its article on the Adani Group. 1) Indian stock market regulations require that publicly listed companies […]
Convening of Annual Shareholders’ Meeting of 26 May 2023
(Petrobras, 16.Mar.2023) — The Board of Directors of TotalEnergies SE, met on 15 March 2023 under the chairmanship of Patrick PouyannĂ©, Chairman and Chief Executive Officer. It has decided to convene the Ordinary and Extraordinary Shareholders’ Meeting of the company on Friday, 26 May 2023. The Notice of Meeting will […]
Majors Capex Guidance Update
(Energy Analytics Institute, 23.Feb.2023) — “Despite bumper profits, the peer group is guiding towards $118bn in total investment in 2023, up just 4% on last year. This reflects the priorities of capital discipline, targeted investment in the best projects and shareholder returns – the group collectively returned $117bn to investors […]
EAI’s NRGBriefs: Feb. 2023
(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela; earnings updates and webcasts from Pemex, Noble Corporation, bp, Repsol and TotalEnergies; Venezuela reactivates first drilling rig, the PDVEN-778, in […]
How the Russia-Ukraine War is Changing Energy Markets
(WoodMac, 23.Feb.2023) — Ukraine’s battle is existential. The country has suffered a year of lost lives, its people forced to live each day in perpetual fear and witness the destruction of homes, communities and infrastructure. Millions have fled the country. Russia’s war has had a huge impact outside Ukraine, too, […]
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TotalEnergies Reports Adjusted Net Income of $20.5bn in 2022 [PDF Download]
(TotalEnergies, 8.Feb.2023) — The Board of Directors of TotalEnergies SE, chaired by CEO Patrick PouyannĂ©, met on 7 February 2023, to approve the 2022 financial statements. On the occasion, Patrick PouyannĂ© said: “While down from the previous quarter highs due to uncertainties about the demand outlook, fourth quarter oil and […]
CGG and 2CRSi to Launch State-of-the-Art HPC-as-a-Service Offering
(CGG, 1.Feb.2023) — CGG, a global technology and HPC leader specializing in Earth science, data science, sensing and monitoring, and 2CRSi, a designer and manufacturer of high-performance energy-efficient computer servers, have signed a strategic agreement to jointly launch a new high-performance computing (HPC)-as-a-Service (HPCaaS) offering to meet the needs of […]
TotalEnergies Tops Ranking of the Forum Pour l’Investissement Responsable (FIR)
(TotalEnergies, 1.Feb.2023) — TotalEnergies tops the ranking of the Forum pour l’Investissement Responsable (FIR), which on January 25 released the survey results for all CAC40 companies ahead of their 2022 Annual Shareholders’ meetings: “How does the CAC 40 meet investor expectations?” FIR is a french association representing all stakeholders in Social and Responsible […]
TotalEnergies Delivers FSRU to Lubmin Terminal in Germany
(TotalEnergies, 13.Jan.2023) — TotalEnergies announces the start-up of the Deutsche Ostsee LNG import terminal for liquefied natural gas (LNG). Operated by Deutsche ReGas and located in Lubmin on the German Baltic Sea coast, the site’s official inauguration will take place tomorrow, attended by German Federal Chancellor Olaf Scholz. This project, to which […]
TotalEnergies Commissions Anaerobic Digestion Unit BioBĂ©arn
(TotalEnergies, 12.Jan.2023) — TotalEnergies has launched its eighteenth biogas production unit1 in France, which will be the largest in the country with a maximum capacity of 160 gigawatt hours (GWh). Named BioBĂ©arn and located in Mourenx in the south-west of France, this new unit, fed with organic waste, has begun feeding […]
Cyprus: TotalEnergies Reveals New Gas Find Offshore in Block 6
(TotalEnergies, 21.Dec.2022) — TotalEnergies and Eni (operator) have made a new gas discovery at the Zeus-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 and the Cronos-1 discoveries made on the same block respectively in 2018 and August 2022. The Zeus-1 well encountered 105 meters of net […]
Aramco and TotalEnergies to Build Saudi Petrochems Complex
(TotalEnergies, 15.Dec.2022) — The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The “Amiral” complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern […]
Talesun Solar Attends EnerGaia 2022, Paving the Way for Overseas Expansion
(Talesun, 12.Dec.2022) — From 7-8 December, EnerGaia 2022, an annual event for professionals in the renewable energy sector, was held in Montpellier, France. As a major EU country, France is in a renewable energy transition and has been hosting the show for several years. In May of this year, the EU announced a Joint […]
TotalEnergies and Air France-KLM Ink MOU for SAF for 10 years
(TotalEnergies, 5.Dec.2022) — TotalEnergies and Air France-KLM signed a Memorandum of Understanding (MoU) for the delivery of more than one million cubic metres/800,000 tonnes of Sustainable Aviation Fuel (SAF) by TotalEnergies to Air France-KLM Group airlines over the 10-year period from 2023. This sustainable aviation fuel will be produced by […]
CGG Wins Multi-Year Extension of Dedicated Imaging
(CGG, 24.Nov.2022) — CGG has been awarded a multi-year contract extension by Brunei Shell Petroleum Company Sdn Bhd (BSP) to continue operating a dedicated seismic imaging center at its head office in Seria, Brunei. Peter Whiting, EVP, Geoscience, CGG, said: “This renewal of our dedicated center contract builds on six […]
Eni and PASQAL to Develop Quantum Solutions for the Energy Sector
(Eni, 17.Nov.2022) — Eni and PASQAL announced the establishment of a collaboration to develop next-generation HPC solutions for the energy sector through quantum computing Eni, the Italian energy company, and PASQAL, leader in neutral atoms quantum computing, today announced the establishment of a collaboration to develop next-generation HPC (high performance […]
Who’s to Blame for Exorbitant Natural Gas Prices in Europe?
(Baker Institute, 26.Oct.2022) — Prices of natural gas in Europe have skyrocketed to levels scarcely seen before 2021. European governments, especially those soon up for reelection, are understandably concerned about the future. That future is undermined by the economic hardship being caused by high energy prices. Not surprisingly, there is […]
Holcim and Totalenergies Ponder Ambitious Decarbonization Project
(TotalEnergies, 10.Oct.2022) — On 23 September 2022, TotalEnergies and Holcim signed a memorandum of understanding in Belgium to jointly study the complete decarbonization of the Obourg cement plant near Mons, in Wallonia. Various solutions will be assessed for reducing, capturing, sequestering and /or efficiently utilizing the facility’s emissions. TotalEnergies and […]
Sercel Finalizes Acquisition of ION’s Software Business
(CGG, 12.Sep.2022) — CGG announced that Sercel, its Sensing & Monitoring division, has completed the acquisition of ION Geophysical Corporation’s software business. ION’s software business includes: – Orca: a navigation system dedicated to streamers – Gator: a navigation system dedicated to OBN – Mesa: a set of tools for optimizing […]
CGG, PGS and TGS Announce Schlumberger Joining Versal
(CGG, 29.Aug.2022) — CGG, PGS and TGS, industry leaders of multi-client geoscience data, announce that Schlumberger has become a part of Versal, increasing its coverage to the vast majority of the world’s multi-client seismic data. Versal was created by CGG, PGS and TGS in 2020 and launched in 2021 to […]
Sercel Makes Another Major Sale of its Nodal OBN Solution
(CGG, 29.Aug.2022) — CGG announced that Sercel has sold a second batch of 12,000 GPR300 nodes to BGP Inc., following their earlier major order of 18,000 GPR300 nodes in 2021. This represents a significant increase in the seismic survey equipment currently being deployed on a project in the Middle East. […]
TotalEnergies to Divest 49% Interest in Russian Termokarstovoye Gas Field
(TotalEnergies, 26.Aug.2022) — On 22 March 2022, TotalEnergies publicly shared its principles of conduct for its Russian related business. TotalEnergies reiterated its firmest condemnation of Russia’s military aggression against Ukraine and stated that it would ensure strict compliance with current and future European sanctions, no matter what the consequences on […]
TotalEnergies Commits to Large-scale Fuel Price Reduction Program
(TotalEnergies, 22.Jul.2022) — To meet the expectations of French people affected by the increase in energy prices and the impact on their purchasing power, TotalEnergies is initiating a large-scale fuel price reduction programme for all of its service stations in France, effective until year-end. From 1 September to 1 November, TotalEnergies […]
Schlumberger Announces 2Q:22 Results
(Schlumberger, 22.Jul.2022) — Schlumberger Limited (NYSE: SLB) announced results for the second-quarter 2022. Schlumberger CEO Olivier Le Peuch commented, “The second quarter marked a significant inflection point for Schlumberger with a strong acceleration of revenue and earnings growth. Sequentially, revenue grew 14%, by more than $800 million; EPS—excluding charges and […]
TotalEnergies Welcomes Start-Ups to its Electricity Start-Up Accelerator
(TotalEnergies, 30.May.2022) — During the inauguration of TotalEnergies On – TotalEnergies‘ start-up accelerator at the world’s largest start-up campus, STATION F in Paris – Patrick PouyannĂ©, Chairman and Chief Executive Officer of TotalEnergies, and Xavier Niel, founder of STATION F, welcomed the first 10 start-ups to the accelerator program dedicated […]
NRGBriefs: The Vennie-Trini Gas Dilemma; TotalEnergies’ 1Q:22 Results
(Energy Analytics Institute, 28.Apr.2022) — Energy briefs including Venezuela’s inability to develop its gas sector presenting a massive opportunity for neighboring Trinidad and Tobago with its already well-established gas economy and massive four-train Atlantic LNG export complex; Paris-based TotalEnergies reporting 1Q:22 financial results; and Spanish oil giant Repsol reporting production […]
NRGBriefs: Macron Wins Reelection; Peruvians to Defend Elections
(Energy Analytics Institute, 24.Apr.2022) — Energy and political briefs including Emmanuel Macron winning France’s second round presidential run off against Marine Le Pen; and ~68% of Peruvian citizens defending the need to anticipate presidential and legislative elections as a way out of the country’s political crisis. EUROPE France — Emmanuel […]
Poland: TotalEnergies and KGHM Join Forces to Develop Offshore Wind Power
(TotalEnergies, 12.Apr.2022) — TotalEnergies and KGHM signed a partnership to participate on a 50/50 basis in the Polish government tender for the development of offshore wind projects. The government has launched a new auction scheme covering 11 areas in the Polish Baltic Sea, representing an expected total capacity of over 10 […]
Acquisition of Industrial-scale Green Hydrogen Production in Trinidad
(NewGen Energy, 12.Apr.2022) — Hydrogène de France (HDF Energy) – mnemonic code: HDF – has acquired a 70% majority stake in the NewGen project in Trinidad, led by the local company Kenesjay Green Ltd (KGL). KGL, the project developer, will retain the remaining 30% of the share capital of NewGen, […]
CGG Expands High-Performance Computing Capacity with New UK HPC Hub
(CGG, 12.Apr.2022) — To support continued differentiation in its core business and accelerate the development of its new activities, CGG is significantly expanding its high-performance computing (HPC) capacity and associated service offerings. The company recently signed a lease to build a new European HPC hub in Southeast England that will […]
CGG and Kent Announce Carbon Capture & Hydrogen Partnership
(CGG, 5.Apr.2022) — CGG, a global technology leader in geoscience, has announced a strategic partnership with Kent, a leading energy services engineering company, to work together on realizing decarbonisation opportunities through CCUS development and hydrogen production and supply. CGG and Kent will be providing customers in the energy and industrial […]
CGG Wins Another Major 4D OBN Imaging Contract Offshore Brazil
(CGG, 24.Mar.2022) — CGG has been awarded a two-part Ocean Bottom Node (OBN) seismic imaging project by PXGEO over the Sapinhoá Shared Reservoir in the Santos Basin offshore Brazil. The resulting data will bring improved geological insight to the asset operator, Petrobras, to assist with better management of oil recovery […]
Hydrogène de France Accelerates Renewstable® Plant in Barbados
(HDF Energy, 16.Feb.2022) — Hydrogène de France (HDF Energy) announces that Renewstable® Barbados (“RSB”), the largest hydrogen power project in the Caribbean, has taken a new major step in its development with Rubis acquiring a 51% stake in its capital. This transaction follows the strategic agreement signed between the two […]
JinkoSolar’s Tiger Neo Bifacial Modules Reach Competitive Carbon Footprint Value
(JinkoSolar, 10.Feb.2022) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that its Tiger Neo Bifacial BDV 570 (144 cells) and Tiger Neo Bifacial BDV 610 (156 cells) modules, have been officially certified by CERTISOLIS for their very competitively low carbon footprint values (“CFP values”). The CFP value of, respectively, 448 and 450 KG […]
World Bank: Global Growth to Slow Through 2023
(World Bank, 11.Jan.2022) — Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s latest Global Economic […]
NRGBriefs: Presidential Elections in Brazil and Colombia
(Energy Analytics Institute, 4.Jan.2022) — Energy briefs including presidential elections in Brazil and Colombia this yr could see showdowns between Lula da Silva and Jair Bolsonaro as well as Gustavo Petro and a new candidate perhaps from Iván Duque Márquez’s party respectively; Mexico’s President Andres Manuel Lopez Obrador presenting the country’s […]
PROVIRIDIS Buys Battery Storage Technology From ADS-TEC Energy
(ADS-TEC Energy GmbH, 14.Dec.2021) — ADS-TEC Energy GmbH announces that PROVIRIDIS bought its battery storage technology for smart multi-energy filling stations in France. The storage systems in container format supply each two fast charging points with their own PV power, increase grid performance and smooth load peaks. Three locations have been […]
NRGBriefs: Colombia Eyes Hydrogen
(Energy Analytics Institute, 29.Sep.2021) — Energy briefs including revelation of Colombia’s hydrogen roadmap, Xodus conducting a study of Suriname’s gas resources and TotalEnergies CEO Patrick PouyannĂ© presenting the co.’s strategy outlook presentation. LATIN AMERICA AND THE CARIBBEAN Colombia — Colombia’s oil and mines minister Diego Mesa revealed 29 Sep. 2021 […]
TotalEnergies Boost Offshore Wind Investments
(TotalEnergies, 14.Jun.2021) — Renewable energy has a critical role to play in meeting rising global electricity demand while helping to combat global warming. Wind power, a low-carbon, naturally renewable solution, has a particularly bright future. That’s why we are leveraging our expertise to develop this resource. In particular, we are […]
TotalEnergies Expands Charging Network Of Amsterdam Municipality
(TotalEnergies, 8.Jun.2021) — The municipality of Amsterdam has awarded the concession for the expansion of its public charging network for electric vehicles (EV) to TotalEnergies. As part of this new concession, TotalEnergies will expand Amsterdam’s current network with 2,200 new EV charging points, to be installed by fall 2022. The […]
Total Changes Name To TotalEnergies SE
(Total, 1.Jun.2021) — Total’s Ordinary and Extraordinary Meeting of Shareholders decided on 28 May 2021 to change the company’s name to TotalEnergies SE. The name and ticker symbol of TotalEnergies shares and American depositary receipts (ADR) will be adjusted as follows: Moreover, each market will release a notice specifying the […]
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IEA Reveals Net Zero By 2050 Roadmap Report [PDF Downloads]
(Energy Analytics Institute, 18.May.2021) — The Paris-based International Energy Agency (IEA) revealed its major report titled “Net Zero by 2050: A Roadmap for the Global Sector.” The report and associated power point presentations are available here. ____________________ By Chad Archey. © Energy Analytics Institute (EAI). All Rights Reserved.
Achieving Paris Goals To Upend Markets
(WoodMac, 15.Apr.2021) — If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so […]