(Total, 11.Jan.2021) â Total announces the acquisition of Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units in France. With close to 500 gigawatt-hours (GWh) of installed capacity, which doubled between 2019 and 2020, Fonroche Biogaz is today the French market leader in the production of renewable […]
Tag: France
Franceâs Total Charters Four New LNG-powered Vessels
(Total, 28.Oct.2020) â Total is pursuing its strategy to reduce greenhouse gases emissions in maritime transportation, by chartering four Aframax-type vessels equipped with liquefied natural gas (LNG) propulsion. These vessels, each with a capacity of 110,000 tons of crude oil or refined products, will be delivered in 2023 and will […]
EP PetroEcuador Obtains Permits From MAAE
(Energy Analytics Institute, 15.Aug.2020) â EP PetroEcuador, through the Suez-Ecuambiente consortium, obtained cross-border permits from Panama and France, as well as authorization from the Ministry of the Environment and Water (MAAE by its Spanish acronym) for the export of more than 3,000 tons of industrial waste comprised mainly of caustic […]
Total Joins The âGetting To Zero Coalitionâ
(Total, 8.Jun.2020) â Total has joined the Getting to Zero Coalition to support the maritime industry’s decarbonisation by collaborating with companies across the maritime, energy, infrastructure and finance sectors. The Getting to Zero Coalitionâs ambition is to help achieve the target set by the International Maritime Organisation to reduce Greenhouse […]
Apache Reports Significant Oil Find Offshore Suriname
(Apache, 2.Apr.2020) â Apache Corporation announced a significant oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest. Sapakara West-1 was drilled […]
How Important Is The Suriname Oil Discovery?
(Oilprice.com, 18.Jan.2020) â The discovery of the Maka field in offshore Suriname will become one of the main upstream stories of 2020, bringing Suriname onto the international oil map, potentially spawning a new race for the Dutch-speaking countryâs still unallotted license blocks and concurrently boosting the investment potential of Guyana […]
Tullow Announces Carapa-1 Well Result
(Tullow, 2.Jan.2020) â Tullow Oil plc announces that the Carapa-1 exploration well, drilled on the Kanuku licence offshore Guyana, has encountered approximately four metres of net oil pay based on preliminary interpretation, and has extended the prolific Cretaceous oil play into the Groupâs Guyana acreage. Related Story: Tullow Oil plc […]
Total Advances Two Deepwater GOM Projects
(Total, 16.Dec.2019) â Total announces the final investment decision (FID) to develop the Anchor oil field. Additionally, front-end engineering and design (FEED) has begun for the North Platte discovery. Both projects are located in the deepwater U.S. Gulf of Mexico, off the coast of Louisiana. FID for Anchor Project Total […]
Qatar Petroleum Wins Three Blocks Offshore Brazil
(QP, 10.Oct.2019) â Qatar Petroleum has won exploration rights in three offshore blocks in Brazil, as part of two bidding consortia. The winning bids were announced by Brazilâs National Agency of Petroleum, Natural Gas, and Biofuels (ANP) at a public bidding session held in Rio de Janeiro. Competing bids were […]
Reden And Natixis Close PMGD Solar PV Projects Financing In Chile
(Reden, 8.Oct.2019) â Reden Investments Chile SpA (“Reden Solar Chile”) and Natixis have successfully closed senior facilities totaling US$96.4 million for the up-to-100MW portfolio of solar PV plants in Chile (the “Reden Chile Solar PMGD Portfolio”). Reden Solar Chile is wholly-owned by affiliates of Reden, a French independent renewable power […]
Buenavista Renewables, ESCO, And Zodiac Aerospace Ink Long-Term PPA
(Buenavista, 20.May.2019) â Buenavista Renewables MĂ©xico, S. de R.L. de C.V. (“BVR”), a Buenavista Renewables company, and ESCO Comercializadora EnergĂ©tica S. de R.L. de C.V., a qualified supplier from Mexicali, Baja California, announce they have entered into a tripartite long-term Power Purchase Agreement with Zodiac Aerospace Equipo de MĂ©xico S. […]
Rising U.S. Oil Output Helps Fill Gap Left By Iran, Venezuela: IEA
(Reuters, Noah Browning, 15.May.2019) â The world will require very little extra oil from OPEC this year as booming U.S. output will offset falling exports from Iran and Venezuela, the International Energy Agency said on Wednesday. The IEA, which coordinates the energy policies of industrial nations, said Washingtonâs decision to […]
Perenco Acquires Three Fields In The Campos Basin From Petrobras
(Petrobras, 28.Nov.2018) â Petrobras signed with Perenco the contracts for the full sale of Petrobrasâ stake in the fields of Pargo, Carapeba and Vermelho, the so-called Polo Nordeste, located in shallow waters off the coast of Rio de Janeiro state. The Assets The Pargo field was discovered in 1975, and […]
Total Enters Brazil Fuels Sector With Purchase Of Grupo Zema Business
(Total, 22.Nov.2018) â Total has entered into an agreement with Brazilian company Grupo Zema to acquire its fuel distribution company Zema PetrĂłleo, its reseller and retailer arm Zema Diesel as well as its importation company Zema Importacao. Zema PetrĂłleo currently manages an extensive branded network of 280 dealer-operated service stations […]
Franceâs Total Sets Up Production Hub In Jamaica
(Jamaica Observer, Karena Bennett, 18.Nov.2018) â Months after announcing plans to expand operations in Jamaica, Total Jamaica has set up a production hub on the island from which it is looking to export lubricants across the Caribbean. According to the recently appointed Managing Director of Total Jamaica, Christopher Okonmah, Jamaica […]
Exclusive: Perenco, Gazprombank Named In Venezuela Graft Case – Source
(Reuters, Alexandra Ulmer, 1.Nov.2018) â Anglo-French oil company Perenco and Russian financial firm Gazprombank have been identified in testimony by a former Venezuelan state oil company official who said he received millions of dollars in bribes in return for giving them preferential treatment, a source with knowledge of the matter […]
Petrofac Completes Sale Of 49% Interest In Mexican Operations
(Petrofac Limited, 19.Oct.2018) â Petrofac Limited announces that it has completed the sale of 49% of the companyâs operations in Mexico to Perenco (Oil & Gas) International Limited, following approval from the Federal Competition Commission of Mexico (COFECE). Related Stories https://energy-analytics-institute.org/petrofac-introduces-partner-in-mexico/ *** #LatAmNRG
Maurel & Prom Confirms Discussions With Shell Over Urdaneta West Field In Venezuela
(Maurel & Prom, 12.Oct.2018) â Etablissements Maurel & Prom notes recent press articles and confirms it is working on the acquisition of Shell Exploration and Production Investments B.V.âs 40% interest as âShareholder Bâ in Petroregional del Lago Mixed Company, which operates the Urdaneta West field in Lake Maracaibo, Venezuela. Maurel […]
IEA Urges Opec to Open Taps as Oil Markets Enter âRed Zoneâ
(Bloomberg, Javier Blas, Grant Smith & Francine Lacqua, 9.Oct.2018) â Oil prices have rallied to a four-year-high due to US sanctions on Iran and the Venezuelan crisis, even as Saudi Arabia moved slow on filling any shortfall. The International Energy Agency (IEA) made a direct appeal to Organization of the […]
IEA Warns of Higher Oil Prices as Iran and Venezuela Losses Deepen
(Bloomberg, Grant Smith. 13.Sep.2018) â The International Energy Agency warned that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela. Iranian crude exports have fallen significantly before U.S. sanctions even take effect, the IEA said in a […]
France’s Total Enters Orinduik Block Offshore Guyana
(OffshoreEnergyToday, 13.Sep.2018) â French oil major Total has exercised its option to acquire a 25 percent working interest in the Orinduik block offshore Guyana after a competent persons report identified potential for almost three billion barrels of oil equivalent. Eco Atlantic, a partner in the Tullow-operated Orinduik block, said on […]
Tullow Oil to Drill First Guyana Well in 3Q:19
(Reuters, 5.Sep.2018) â Tullow Oil plans to drill its first well in the much-watched Guyana offshore basin in the third quarter of next year in its Orinduik licence bordering discoveries by Exxon, a spokesman said on Wednesday. Exxon and U.S. partner Hess Corp have said that more than 4 billion […]
Panama, US To Sign Pact To Expand Access To LNG
(Reuters, David Lawder, 17.Aug.2018) â Panama on Friday will sign an agreement with the U.S. Treasury and Energy departments aimed at paving the way for more private investment to expand the importation and distribution of U.S. liquefied natural gas in Latin America. David Malpass, Treasury undersecretary for international affairs, said […]
Jusepin Oil Region in Venezuela: 45 Seconds of Fame
(Energy Analytics Institute, Piero Stewart, 17.Aug.2018) â Venezuelan opposition leader Maria Corina Machado tours the Jusepin petroleum region in Venezuela. https://twitter.com/i/status/1030477377988710401 Jusepin is just one of many petroleum-rich areas in Venezuela, the country with the worldâs largest oil reserves. ***
PdV, Joint Ventures Miss Oil Targets
(Argus, 9.Aug.2018) â Venezuela’s state-owned PdV and its joint ventures fell short of officially targeted crude production by more than 125,000 b/d in July, according to an internal PdV upstream report obtained by Argus. The steepest shortfalls were registered in the Orinoco heavy oil belt â long touted by the […]
Petrofac Introduces Partner In Mexico
(Petrofac Limited, 30.Jul.2018) â Petrofac Limited signed an agreement to sell 49% of the Companyâs operations in Mexico(1)(2), including Santuario, Magallanes and Arenque, to Perenco (Oil & Gas) International Limited (âPerencoâ). The transaction is subject to approval by the Federal Competition Commission of Mexico (COFECE), which is expected in Q4 […]
Total Advances Renewable Projects in Brazil
(UPI, Daniel J. Graeber, 18.Jul.2018) â A renewable energy division of French supermajor Total said Wednesday it was moving forward with new solar power developments in Brazil. Total in September paid about $275 million to acquire a 23 percent stake in renewable energy company Eren, naming the new entity Total […]
Echo Says Completes Drilling CSo-2001(d) Well
(Echo Energy plc, 9.Jul.2018) â Echo Energy plc successfully completed drilling of the CSo-2001(d) well in which a notable gas column has been interpreted from the wireline logging suite. The CSo-2001(d) well, located in the FracciĂłn D licence operated by CompanÌia General de Combustibles S.A. (CGC), reached a total depth […]
JusepĂn Oil Spill Demonstrates PDVSA Safety Failures
(Maritime Herald, 9.Jul.2018) â The oil spill that occurred this Friday, July 6 in two tanks of the secondary recovery plant of the JusepĂn Operational Complex of Pdvsa, demonstrates the safety failures of the Venezuelan state industry. This is what the biologist, Alejandro Ălvarez Iragorry, considers that what happened for […]
Gazprom Reiterates Interest in Bolivia
(Energy Analytics Institute, Jared Yamin, 16.Jun.2018) â Russian oil giant Gazprom remains attracted to the hydrocarbon opportunity set in Bolivia in South America. A working meeting between Gazprom Management Committee Chairman Alexey Miller and Boliviaâs President Evo Morales was held at Gazpromâs office in Moscow where various agreements were signed […]
Total, Siemens Hope to Sign Cuban LNG Deal Soon
(Reuters, Marc Frank, 30.Apr.2018) — French energy firm Total SA and German industrial giant Siemens AG hope to sign a deal soon with Cuba to build a 600 megawatt gas-fired power plant on the island, according to diplomats and businessmen with knowledge of the talks. The two are leading a […]
EPM Installs Colombia’s ‘First’ Floating PV Project
(PV-Tech, Tom Kenning, 18.Apr.2018) â Colombian utility EPM has installed what it claims to be the countryâs first floating solar plant, standing at 100kW at the El Peñol reservoir. The pilot project will test the technology and its fundamentals in comparison to ground-mount and rooftop systems. For this purpose, traditional […]
Total President Says Output At One Venezuela Field Down 33%
(Energy Analytics Institute, Piero Stewart, 22.Apr.2018) â Patrick Pouyanne, the Chief Executive Officer of French major Total, announced production at one of its oil fields in Venezuela was down to 80,000 barrels per day (b/d) from 120,000 b/d. Pouyanne made the comments during an oil summit in Paris, reported Oil […]
Mexico Awards Blocks In Final Oil Auction Before Election
(Reuters, David Alire Garcia & Marianna Parraga, 27.Mar.2018) — Mexico awarded just under half of the 35 shallow-water blocks it tendered on Tuesday, in an auction muddied by the promises of the presidential frontrunner to review contracts awarded under a historic energy opening if he wins the July 1 election. […]
Argentina Imports Natural Gas From Chile Under Two Contracts
(Energy Analytics Institute, Jared Yamin, 17.May.2017) â Argentina started importing natural gas from Chile, and will continue over an estimated three month period in order to cover increased demand during the winter period. On May 11, 2016 Argentina initiated import of an estimated 5 million cubic meters per day of […]