TotalEnergies has struck oil at the Moho license offshore Congo, combining two nearby finds into a 100 million barrel development prospect.
TotalEnergies
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KEY POINTS TotalEnergies has confirmed that one of the processing units at the SATORP refinery in Saudi Arabia was damaged during overnight incidents earlier in the week. The company said …
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KEY POINTS TotalEnergies is awaiting a court judgment on whether it can proceed with its planned exploration drilling in the Orange Basin offshore South Africa, following the conclusion of a …
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In the NewsOil & Gas
Dubai Crude Premium Slumps Sharply as Sellers Flood Market and TotalEnergies Remains Sole Buyer
KEY POINTS The spot premium for Dubai crude has dropped sharply to its lowest level in three weeks after sellers flooded the market with offers while TotalEnergies remained the only …
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KEY POINTS French energy company TotalEnergies and the United States government announced an agreement to redirect nearly $1 billion from offshore wind leases to domestic oil and natural gas projects. …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission has supervised the official transfer of the OLO Oilfield Host Community Development Trust from TotalEnergies Marketing Nigeria Plc to Aradel Holdings, marking …
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KEY POINTS Mozambique is rapidly strengthening its position as one of Africa’s most important natural gas producers following the revival of massive liquefied natural gas, LNG, projects on the Afungi …
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In the NewsMarketsOil & Gas
TotalEnergies Restarts Construction on $20bn Mozambique LNG Project After Five-Year Pause
KEY POINTS TotalEnergies has formally restarted construction of its $20 billion Mozambique LNG project, bringing to an end a nearly five-year suspension of one of Africa’s largest energy investments. Work …
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KEY POINTS TotalEnergies and Zebbra Energy, a small Nigerian company run by businessman Ambrosie Bryant Chukwueloka Orjiako, have come to an agreement about the long-running dispute over offshore oil block …
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In the NewsOil & Gas
NNPC Secures $285m Arbitration Win Over TotalEnergies Unit After Decade Long Dispute
KEY POINTS Nigeria’s state owned oil company has won a $285m arbitration award against a subsidiary of France’s TotalEnergies, bringing to a close a legal battle that has stretched for …