(TotalEnergies, 31.Oct.2024) — TotalEnergies SE reported its third quarter 2024 (3Q:24) results, including upstream production of 2.41 MMboe/d. Production benefited from the ramp up of Mero 2 in Brazil that partially offset production losses at Ichtys LNG and in Libya. ____________________
Tag: TotalEnergies
EAI’s NRGBriefs Oct. 2024: GranMorgu, Uchuva gas potential offshore Colombia
HOUSTON, TEXAS (Energy Analytics Institute, 31.Oct.2024) — Energy briefs as well as others related to finance and projects during Oct. 2024 including TotalEnergies and APA Corp. announcing a $10.5bn FID for the GranMorgu development on Block 58; Mexico Pacific and its $15bn FID for the first phase of Saguaro Energía […]
Mero 3 FPSO Starts Production in Libra Pre-salt Offshore Brazil
(Energy Analytics Institute, 30.Oct.2024) — Brazil’s state-owned Petrobras announced that on 30 Oct. 2024 the Marechal Duque de Caxias platform ship (Mero 3) has started producing oil and gas in the Mero field located in the Libra Block in the Santos Basin’s pre-salt layer. Nero 3 can produce up to […]
QatarEnergy and TotalEnergies to Partner in Solar Project in Iraq
(Energy Analytics Institute, 28.Oct.2024) — QatarEnergy inked a partnership agreement with the French oil giant TotalEnergies to enter into a solar power project that is part of the Gas Growth Integrated Project (GGIP) in Iraq. Per the agreement, which is subject to regulatory approvals, QatarEnergy will buy a 50% interest […]
LatAm NRG matters: highlights, heard from Brazil and Cuba to Mexico and Venezuela
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Oct.2024, Words: 494) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 18 Oct. 2024. —Brazil: TotalEnergies will divest its fuel distribution activities in Brazil to the Brazilian co. SIM Distribuidora, the French co. said.
Baker Hughes Awarded Order for Kaminho Project in Angola
(Baker Hughes, 15.Oct.2024) — Baker Hughes has been awarded a contract, to be booked in the third quarter, to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho Floating Production Storage and Offloading (FPSO) project in Angola. Baker Hughes’ centrifugal BCL compressor and Integrated Compressor Line (ICL) technology were selected because of their capacity […]
TotalEnergies Expands Global LNG Bunkering Footprint
(TotalEnergies, 10.Oct.2024) — TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity. This new vessel will expand the Company’s global presence in bunkering hubs. In particular, this additional vessel might be deployed in Oman, where the company is developing […]
Suriname First Development Boosted
(Energy Analytics Institute, 8.Sep.2024) — APA Corporation recently provided additional details around the final investment decision (FID) taken offshore Suriname with its French partner TotalEneriges. The development is the first deep oil development offshore Suriname. Appraisal drilling confirmed gross estimated recoverable resources of more than 750 million barrels of oil, […]
TotalEnergies Inks Renewable Supply Deal with Saint-Gobain
(TotalEnergies, 8.Oct.2024) — TotalEnergies has signed with Saint-Gobain a Power Purchase Agreement (PPA), under which TotalEnergies will supply renewable electricity to Saint-Gobain’s French facilities. It will take effect from Jan. 2026 for a total volume of 875 GWh over a period of five years. TotalEnergies will provide Saint-Gobain with a baseload supply of electricity and guarantees of origin for […]
TotalEnergies Joins RWE in Two Offshore Wind Projects
(TotalEnergies, 7.Oct.2024) — TotalEnergies signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in the North Sea. These two projects, N-9.1 (2 GW) and N-9.2 (2 GW), located 110 km off the German coast, were awarded to RWE in Aug. 2024 and have 25-year […]
Petrobras Reports on South African Operations
(Petrobras, 1.Oct.2024) — Petrobras informs that its Board of Directors has approved the company’s operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block, through a competitive process conducted by TotalEnergies. The DWOB block is located in deep waters in the Orange […]
TotalEnergies takes $10.5bn FID for GranMorgu development on Suriname’s block 58
PARAMARIBO, SURINAME (TotalEnergies, 1.Oct.2024, Words: 800) — Patrick Pouyanné, Chairman and CEO of TotalEnergies, met in Paramaribo with His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, CEO of Staatsolie Maatschappij Suriname N.V., Suriname’s national oil company, to announce the final investment decision (FID) for the […]
APA Takes $10.5bn FID for First Oil Development Offshore Suriname
(APA, 1.Oct.2024) — APA Corporation’s subsidiary has reached a positive final investment decision (FID) for the first oil development in Block 58, located offshore Suriname. The project has been named GranMorgu, which is derived from a local language and means both “new dawn” and “goliath grouper.” Highlights: GranMorgu will include […]
EAI’s NRGBriefs: Sep. 2024
(Energy Analytics Institute, 30.Sep.2024) — Energy briefs as well as others related to finance and projects during Sep. 2024 including Petrobras inking separate MOUs with its Argentine and Surinamese counterparts YPF and Staatsolie; TechnipFMC being awarded two subsea contracts by Petrobras; CNOOC Limited saying the Shenhai-1 Phase II Natural Gas Development […]
TotalEnergies Acquires Producing Eagle Ford Assets from Lewis Energy
(TotalEnergies, 27.Sep.2024) — TotalEnergies signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas producing assets owned and operated by Lewis in the Eagle Ford basin in Texas. The acquisition of these low cost and long plateau assets further strengthens TotalEnergies’ integration across the gas […]
Northern Lights Ready to Receive CO2
(Equinor, 26.Sep.2024) — On 26 Sep. 2024 the Norwegian Minister of Energy conducts the official opening of the Northern Lights CO2 transport and storage facility in Øygarden, near Bergen. The Northern Lights facility is a joint venture between Equinor, Shell and TotalEnergies. “The completion of the Northern Lights facility marks an […]
Northern Lights Completion World’s First Commercial CO2 Transport and Storage Service
(Northern Lights, 26.Sep.2024) — Northern Lights JV unveiled the completed CO2 receiving facilities in Øygarden, Norway. The onshore and offshore infrastructure has been delivered on time for customers and within budget and is now ready to receive CO2 from Norwegian and European industry. Northern Lights is the first to offer […]
Northern Lights Facilities Finished, Ready to Store CO2
(TotalEnergies, 26.Sep.2024) — TotalEnergies and its partners, Equinor and Shell, announce the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in Norway. The facilities consist in a terminal that will receive CO2 cargos, a 100 km subsea pipeline for CO2 transportation to the offshore storage location, […]
TotalEnergies Reveals Mozambique LNG Response
(TotalEnergies, 26.Sep.2024) — The digital media Politico published an article regarding alleged murders that would have been carried out by Mozambican soldiers close to Afungi, the Mozambique LNG site, in northern Mozambique from Jun. to Nov. 2021. Before it was contacted by the author of this article, TotalEnergies had never […]
TotalEnergies to Supply 200,000 t/y of LNG to HD Hyundai until 2033
(TotalEnergies, 24.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies announces the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of LNG per year for 7 years starting from 2027. Thanks to this […]
Air France-KLM Ramps up SAF Offtake with TotalEnergies
(TotalEnergies, 23.Sep.2024) — TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035. This agreement marks one the largest SAF purchase contracts signed by Air France-KLM to […]
Fénix Gas Field: Quick Facts
(Energy Analytics Institute, 23.Sep.2024) — France’s TotalEnergies announced the start of production from the Fénix gas field. The field is located 60 km off the coast of Tierra del Fuego in Southern Argentina, the French company announced 23 Sep. 2024 on LinkedIn. Facts and highlights about the Fénix gas field, […]
TotalEnergies on Production Start-up at Fenix Field Offshore Argentina
(TotalEnergies, 20.Sep.2024) — TotalEnergies announces the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina. The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37.5% operated interest, alongside its partners Harbour Energy […]
TotalEnergies to Supply 1.25 Mt/y of LNG to CNOOC until 2034
(TotalEnergies, 19.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies announces a 5-year extension of its sales and purchase agreement (SPA) with CNOOC, for the delivery of 1.25 million tons of LNG per year to China until 2034. Thanks to this agreement, TotalEnergies […]
TotalEnergies to Supply 1.1 mtpa to BOTAŞ for 10 Years
(Energy Analytics Institute, 18.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies signed a Heads of Agreement (HoA) with BOTAŞ for the delivery of 1.1 million tons per annum (mtpa) of LNG for ten years starting from 2027. This agreement allows TotalEnergies to […]
TotalEnergies Joins Japanese Fund Dedicated to Developing Low-carbon Hydrogen
(Energy Analytics Institute, 12.Sep.2024) — TotalEnergies entered as an investor in the “Japan Hydrogen Fund” at its first close, joining several major Japanese companies. The fund is dedicated to developing the low-carbon hydrogen value chain. At its launch, the fund is initially endowed with over $400mn, due to contributions from prominent […]
Reducing Emissions from the Troll Field
Equinor, 11.Sep.2024) — On Saturday, 7 Sep. 2024, Troll B and C became partly powered from shore. This reduces annual emissions from the Norwegian continental shelf (NCS) by 250,000 tonnes of CO2. This is in line with the plan for development and operation (PDO) for Troll West electrification (TWEL), which […]
Chevron Boosts Recovery at Two Facilities in US GOM
(Chevron, 3.Sep.2024) — Chevron Corporation has started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico, where Chevron operations produce some of the world’s lowest carbon intensity oil and gas. “Delivery of these two projects […]
Eco Atlantic Completes Farm Down in Block 3B/4B Orange Basin South Africa
(Eco Atlantic, 30.Aug.2024) — Eco (Atlantic) Oil & Gas Ltd. announced completion of a farm down of a 13.75% Participating Interest in Block 3B/4B offshore the Republic of South Africa (“the Block”) and Transfer of Operatorship of the Block after receipt of the requisite regulatory approvals (Section 11) from the government of South Africa (“Completion”). […]
Sepetiba Platform Reaches Top Pre-salt Production
(Petrobras, 28.Aug.2024) — The platform ship Sepetiba, chartered by Petrobras, reached its top production, 180 million oil barrels per day (bpd), in the Mero field, in the Santo Basin’s pre-salt layer, last 27 Aug. 2024. This milestone was reached within the estimated time frame of eight months due to the promptness […]