(TechnipFMC, 20.Feb.2023) — TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to supply flexible pipe and associated hardware for the first subsea life extension project by TotalEnergies EP Angola and its Block 17 Partners in West Africa. The contract covers the engineering, procurement, and supply of flowlines and connectors […]
Tag: TotalEnergies SE
APA Corp. on Second Successful Flow Test at Sapakara South Off Suriname
(APA, 8.Feb.2023) — APA Corporation (Nasdaq: APA) announced the successful drilling and flow testing of the Sapakara South-2 (SPS-2) appraisal well, the second appraisal well to test the previously announced discovery. The well is located approximately 4.6 kilometers (3 miles) south of the Sapakara South-1 (SPS-1) appraisal well. SPS-2 encountered […]
![TotalEnergies Reports Adjusted Net Income of $20.5bn in 2022 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/02/TotalEnergies_resultats_2022_objectifs_2023_cover.jpg)
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 Pouyanné, met on 7 February 2023, to approve the 2022 financial statements. On the occasion, Patrick Pouyanné said: “While down from the previous quarter highs due to uncertainties about the demand outlook, fourth quarter oil and […]
TotalEnergies Obtains CO2 Storage Licenses in Danish North Sea
(TotalEnergies, 6.Feb.2023) — TotalEnergies has been awarded two licenses to explore CO2 storage potential in the Danish North Sea. The licenses are located 250 kilometers off the west coast of Denmark and cover an area of 2,118 km2. The acreage includes the Harald gas fields, currently operated by TotalEnergies, for which […]
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 Starts Fourth Solar Power Plant in Japan
(TotalEnergies, 1.Feb.2023) — TotalEnergies has started up commercial operation of a 51-megawatt (MW) solar power plant located in Tsu, Mie Prefecture, Japan. The plant, connected to the electricity distribution grid, will supply its electricity to Chubu Electric Power Miraiz Co. Inc., a subsidiary of the regional utility company, through a […]
New Global Finds Drive Exploration to Value Creation
(WoodMac, 30.Jan.2023) — The global oil and gas exploration sector had its strongest year in 2022 in more than a decade. In its work to improve portfolios by adding lower-carbon, lower-cost advantaged hydrocarbons, the sector created at least $US33bn of value and achieved full-cycle returns of 22%, at $US60/barrel Brent […]
QatarEnergy Buys 30% Interest in Two Offshore Blocks in Lebanon
(QatarEnergy, 29.Jan.2023) — QatarEnergy entered into agreements with the Government of Lebanon, TotalEnergies and Eni to become a partner in two exploration blocks offshore the Republic of Lebanon. Pursuant to the terms of the agreements signed in Beirut today, QatarEnergy will hold a 30% working interest in the Exploration and […]
Lebanon: QatarEnergy Joins TotalEnergies and Eni on Two Exploration Blocks
(TotalEnergies, 29.Jan.2023) — TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon. The agreements were endorsed in Beirut on January 29, during a ceremony attended by His Excellency Dr. Walid Fayad, the Minister of Energy and Water […]
Eni and Partners Transfer 30% Interest in Lebanon Blocks to QatarEnergy
(Eni, 29.Jan.2023) — Eni and TotalEnergies have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon. The transfer agreement was signed, at the presence of the Prime Minister of Lebanon, Najib Mikati, by the Minister of Energy and Water […]
Petrobras Receiving R$1.3bn Earnout from Sépia
(Petrobras, 27.Jan.2023) — Petrobras received today, up front, the amount of R$1.3bn, regarding the complement of the firm compensation (earnout) for fiscal year 2022, related to the Sépia block. The amount already includes the amount of the gross-up of taxes related to TotalEnergies‘ 28%, Petronas’ 21% and QP Brasil Ltda’s […]
Petrobras on Receiving Earnout from Atapu
(Petrobras, 23.Jan.2023) — Petrobras, following up on the Material Facts disclosed on 9 April 2021, 13 April and 27 April 2022, informs that it received today, up front, from TotalEnergies EP Brasil Ltda, the amount of R$313mn, regarding the complement of the firm compensation (earnout) for fiscal year 2022, related […]
Oman: TotalEnergies is Rolling Out its Integrated Gas Strategy
(TotalEnergies, 20.Jan.2023) — In line with its growth strategy in gas and LNG, a fuel contributing to the energy transition, TotalEnergies announces the start of gas production from onshore Block 10 in the Sultanate of Oman as well as an agreement with Oman LNG for a long-term LNG purchase contract. […]
TotalEneriges Approves FID for Lapa South-West Project
(TotalEnergies, 16.Jan.2023) — TotalEnergies approved the final investment decision of the Lapa South-West oil development located in the Santos Basin, 300 km off the coast of Brazil. This development represents an investment of approximately $1bn. TotalEnergies operates the project with a 45% interest, in partnership with Shell (30%) and Repsol […]
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 BioBéarn
(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 BioBéarn 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 […]
TotalEnergies Wins New Exploration License in Brazil
(TotalEnergies, 19.Dec.2022) — TotalEnergies, and its co-venturers QatarEnergy and Petronas Petróleo Brasil Ltda (PPBL) have won the Agua Marinha block today in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP). Petrobras has exercised their right to take 30% Participating Interest and Operatorship. […]
Brazil Bid Round Alert: Welligence
(Welligence, 16.Dec.2022) — Brazil bid round alert! The first PSC Permanent Offer round was held today, with 4 of the 11 blocks on offer in the Santos and Campos basins awarded. The involvement of large international companies is encouraging, but most of the acreage awarded was lower risk, including areas […]
Petrobras on ANP 1st Cycle Auction Result
(Petrobras, 16.Dec.2022) — Petrobras acquired the Sudoeste de Sagitário, Água Marinha and Norte de Brava blocks in the 1st Cycle of Permanent Production Sharing Offer of the National Petroleum, Natural Gas and Biofuels Agency (ANP). Petrobras has acquired the Sudoeste de Sagitário block in partnership with Shell Brasil. The consortium […]
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 […]
Johan Sverdrup Phase 2 On Stream
(Equinor, 15.Dec.2022) — At 11:15 on 15 December 2022 production started from Johan Sverdrup Phase 2. When the Johan Sverdrup field reaches plateau production, every third Norwegian oil barrel will come from this giant field, which for decades will be essential to ensuring high and stable energy deliveries from Norway. […]
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 […]
APA Corp. Deems Awari Well on Block 58 Non-commerical
(APA Corp., 28.Nov.2022) — APA Corporation (Nasdaq: APA) provided an update on exploration activities in Block 58 offshore Suriname. Drilling operations have concluded at the Awari exploration prospect in the previously untested northwest portion of Block 58. The well was deemed noncommercial. APA holds 50% working interest, while TotalEnergies is […]
South Africa: TotalEnergies Responds to Bloom and The Green Connection
(TotalEnergies, 22.Nov.2022) — In response to an open letter from Bloom dated 17 October 2022 concerning TotalEnergies‘ gas exploration project in South Africa, Patrick Pouyanné, Chairman and Chief Executive officer of TotalEnergies, wrote today to Bloom and The Green Connection. The content of Patrick Pouyanné’s letter is provided below: “I […]
TotalEnergies Announces Startup of Al Kharsaah (800 MWp)
(QatarEnergy, 18.Oct.2022) —The Al Kharsaah solar power plant developed by TotalEnergies and its partners QatarEnergy, and Marubeni was inaugurated today by His Highness Sheikh Tamim bin Hamad Al Thani. The ceremony marked the completion of the construction works and the startup of the plant, which is now connected to the […]
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 […]
Maersk Drilling Inks One-well Extension for Drillship Offshore Suriname
(Maersk Drilling, 22.Sep.2022) — TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the drillship Maersk Valiant. The contract extension is expected to commence in January 2023, in direct continuation of the rig’s […]
TotalEnergies Launches Fenix Offshore Gas Project
(TotalEnergies, 19.Sep.2022) — TotalEnergies approved the final investment decision for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina. Through its Total Austral affiliate, TotalEnergies operates the project with a 37.5% interest, in partnership with WintershallDea (37.5%) and Pan American Sur (25%). […]
TotalEnergies Signs E&P PSA for Onshore Oman Block 11
(TotalEnergies, 16.Sep.2022) — TotalEnergies, along with its partners, has signed an Exploration and Production Sharing Agreement (EPSA) with the Ministry of Energy and Minerals (MEM) of the Sultanate of Oman in the onshore Block 11. The first stage of the EPSA activities will see seismic acquisition in late 2022, with […]
Iraq: TotalEnergies Sells Interest in Sarsang Oil field
(TotalEnergies, 15.Sep.2022) — TotalEnergies completed the divestment of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq, to ShaMaran Petroleum Corp., a company listed in Canada and Sweden and focused on oil exploration and development in Kurdistan, for a firm consideration of $155mn. An […]
Maersk Secures Five-well Drilling Work Scope with Petrogas
(Maersk, 15.Sep.2022) — Maersk Drilling and Petrogas E&P Netherlands B.V. agreed to an amendment of the previously entered contract for the provisioning of the harsh-environment jack-up rig Maersk Resolute, under which an option included in that contract will be replaced by a newly entered five-well drilling contract which will employ Maersk […]
TechnipFMC Inks Subsea Deal for Lapa North East Development
(Energy Analytics Institute, 14.Sep.2022) — TechnipFMC (NYSE: FTI) was awarded a significant engineering, procurement, construction and installation (EPCI) contract valued between $75mn-$250mn by TotalEnergies for the French company’s Lapa North East field in the pre-salt Santos Basin offshore Brazil. Under the deal TechnipFMC will reconfigure and install umbilicals and flexible […]
Important Step to Decarbonise Europe
(Equinor, 29.Aug.2022) — Northern Lights, a JV owned by Equinor, Shell and TotalEnergies, signed the world’s first commercial agreement on cross border CO2 transportation and storage with Yara. This is an important step for the development of large-scale decarbonisation of heavy industries to help meet climate ambitions. Yara and Northern Lights […]
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 Reveals Initial Power at Scotland Offshore Wind Farm
(TotalEnergies, 23.Aug.2022) — TotalEnergies and its partner SSE Renewables, announced first power generation from the Seagreen offshore wind farm, 27km off the coast of Angus in Scotland. The first turbine, of a total of 114, was commissioned in the early hours of Monday morning. The aim is for the 1075 […]
Eni Makes Significant Gas Find Offshore Cyprus
(Eni, 22.Aug.2022) — Eni announces a significant gas discovery in the Cronos-1 well drilled in Block 6, 160 km off Cyprus coastline, in 2,287 meters of water depth. The Block is operated by Eni Cyprus holding 50% interest with TotalEnergies as partner. Preliminary estimates indicate about 2.5 TCF of gas […]
TotalEnergies Reports Significant Gas Find Offshore Cyprus in Block 6
(TotalEnergies, 22.Aug.2022) — TotalEnergies and Eni (operator) have made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery made on the same Block in 2018. Located at approximately 160 km southwest of the Cyprus coast, Cronos-1 encountered several good quality […]
Subsea 7 Awarded Floating Wind FEED Contract in South Korea
(Energy Analytics Institute, 18.Aug.2022) — Subsea 7 was awarded a floating wind FEED contract by Corio and TotalEnergies for a floating wind development in South Korea. The project, the Gray Whale 3 project, is a 504MW development located some 60 to 70 kilometers offshore from Ulsan, Subsea 7 announced 18 […]
Maersk Awarded Extension with TotalEnergies offshore Denmark
(Maersk, 12.Aug.2022) — TotalEnergies EP Denmark A/S exercised an option to add two months to the accommodation services work scope for the jack-up rig Maersk Interceptor in the Danish North Sea. The contract extension will commence in November 2022, in direct continuation of the rig’s current contract. Two two-month options […]
Production Starts at Ikike Field Offshore Nigeria
(TotalEnergies, 25.Jul.2022) — TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria. Located 20 kilometers off the coast, at a depth of about 20 meters, the Ikike platform is tied back to the existing […]
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 […]
NRGBriefs: APA, Total Drill Dikkop Off Suriname; Pemex Output Goals
(Energy Analytics Institute, 21.Jun.2022) — Energy briefs including APA Corporation and TotalEnergies drilling the Dikkop exploration well in the central portion of Suriname’s Block 58 with the Maersk Valiant. LATIN AMERICA AND THE CARIBBEAN Mexico — State-owned Pemex expects oil and condensate production, w/ contributions from partners, to exit 2022 […]
APA Corp., TotalEnergies Announce Test Results at Krabdagu Discovery Well
(APA Corp., 21.Jun.2022) — APA Corporation (Nasdaq: APA) announced flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies (TTE), the operator, also holding a 50% working interest. Flow test data collected in the […]
Equinor, Partners Ponder 1 GW Wind Farm Off Western Norway
(Equinor, 17.Jun.2022) — Equinor and its partners Petoro, TotalEnergies, Shell and ConocoPhillips in the Troll and Oseberg fields, have initiated a study and are looking into possible options for building a floating offshore wind farm in the Troll area some 65 kilometres west of Bergen, Norway. With an installed capacity […]
Maersk Drilling Secures One-Well Extension for Maersk Valiant
(Maersk, 16.Jun.2022) — TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the drillship Maersk Valiant. The contract extension has an estimated duration of 100 days, with work expected to commence in […]
Adani and TotalEnergies to Create World’s Largest Green Hydrogen Ecosystem
(Adani Group, 14.Jun.2022) — Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). The […]
QatarEnergy Selects TotalEnergies for NFE Expansion Project
(QatarEnergy, 12.Jun.2022) — QatarEnergy has selected TotalEnergies as its first international partner in the North Field East (NFE) expansion project, the single largest project in the history of the LNG industry. The announcement comes at the conclusion of a competitive process that started in 2019 to select QatarEnergy’s international partners […]
Eni to Join Exxon, Total, Shell, Conoco in Qatar’s mega-LNG Expansion
(Reuters, 8.Jun.2022) — Italian producer Eni (ENI.MI) has been picked, along with another four oil majors, by Qatar as partners in the near $30 billion expansion of the world’s largest liquefied natural gas (LNG) project, people with knowledge of the matter said on Wednesday. Exxon Mobil Corp (XOM), TotalEnergies SE (TTEF.PA), Shell (SHEL.L), ConocoPhillips (COP.N) and Eni will participate in the North Field […]
Norway’s Equinor reveals start of production at Hammerfest LNG
OSLO, NORWAY (By Equinor, 2.Jun.2022, Words: 569) — After extensive repairs and improvement work, Hammerfest LNG is back in production after the fire in September 2020. The first liquified natural gas (LNG) is now on tank at Melkøya. “With the start-up of Hammerfest LNG, we add further volume to the […]