Gas production from the Absheron field is expected by the end of 2022
Yesterday, the President of Azerbaijan Ilham Aliyev received Arnaud Breuillac, the president of the French company TotalEnergies for exploration and production. Breuillac said that he…
Minister Says Iraq Discussing $7B Deal with Total
Iraq is discussing a “giant” agreement with French oil giant Total SE to build large infrastructure installations, develop oil fields and produce gas, Oil Minister…
Oil Major Total Buys Texas Solar Projects
France’s oil and gas supermajor Total is buying four large-scale solar power projects plus battery storage assets in Texas, with which it plans to meet the electricity…
France’s Total Looks To Sell Its Stake In Kurdistan Oilfield
France’s supermajor Total is in talks to sell its 18-percent stake in an oilfield in Iraq’s semi-autonomous region of Kurdistan, with which it could raise…
Total And Exxon Renegotiate A Major Gas Sharing Deal
Supermajors ExxonMobil and Total are renegotiating a natural gas resource sharing deal for their respective liquefied natural gas (LNG) projects offshore Mozambique, Reuters reports, citing sources…
Total Bets Big On Libya’s Oil Industry
French Total plans to increase its investments in Libya’s oil industry, the National Oil Corporation said, adding it had discussed with the company raising Libya’s production…
Total Bets Its Future On Renewables And LNG
France’s oil and gas major Total is joining other European peers, aiming to reinvent itself into a broad energy company, and will be betting on…
Ilham Aliyev: Gas from II Stage of Absheron Field Development to Go to Turkey, Possibly Europe
Gas from the Absheron field within the second stage of development will be exported to Turkey and, possibly, to other markets, Azerbaijani President Ilham Aliyev…
Oil Major Total, Carmaker PSA Set Up $6B EV Battery Venture
Supermajor Total continues to invest in clean energy by creating a joint venture with automaker Groupe PSA to manufacture batteries for electric vehicles in Europe—a…
Total looks to South Africa for offshore frontier opportunities
Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of exploration in…
Militants Kill 8 Subcontractors On Total’s LNG Project In Mozambique
Gunmen have recently killed eight workers from a firm subcontracted by France’s Total to work on its $20-billion liquefied natural gas (LNG) project in Mozambique,…
Total’s CEO Pouyanne plots successful course while competitors stumble
PARIS (Bloomberg) — Europe’s oil giants came into 2020 promising shareholders they can “do it all” — maintain generous dividends, keep the crude flowing and…
Total Sends Drilling Rig To South Africa To Capitalize On Previous Success
French oil giant Total SA has sent a drilling rig to South Africa in the hopes of duplicating its massive find there last February, Total’s…
Socar Talking W/ Total, Lukoil on New Natgas Blocks in Caspian
Talks with France’s Total on exploration and development of Umid and Babak natgas blocks in Azerbaijan’s section of Caspian Sea resumed after being interrupted over…
$40bn Ichthys LNG Project begins gas exports
France’s oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) from the Ichthys LNG project offshore Western Australia had…
Italy’s Saipem awarded contract on Absheron field development
Italy’s Saipem company has been awarded a contract for the development of Azerbaijan’s Absheron gas field, said a message from the company. Total has awarded…
Total, Sonatrach strengthen their cooperation in natural gas and petrochemicals in Algeria
Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017. A new concession contract to jointly develop the Erg…
Yamal LNG begins gas exports from second LNG train
Total announces that the first shipment of Liquefied Natural Gas (LNG) from the second train of the Yamal LNG project in Northern Russia is ready…
Total closes the acquisition of Engie’s Upstream LNG business
Total announces the closing of the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion. …
Total completes the acquisition of 73% of Direct Energie
Total and Direct Energie announce the completion of the acquisition today by Total of 73.04% of the share capital of Direct Energie1, for 42 euros…
France’s PSA suspends joint ventures in Iran over US sanctions risk
French carmaker PSA Group is reported to have begun suspending its joint venture activities in Iran to avoid US sanctions after Trump’s unilateral withdrawal from…
‘Total has 60 days to negotiate sanctions waiver with US’: Zangeneh
Iranian Minister of Petroleum Bijan Zangeneh said France’s Total had 60 days to secure a waiver from U.S. sanctions against Iran to stay in a…
NOVATEK and TOTAL become partners in Arctic LNG 2 project
At the 22nd Saint Petersburg International Economic Forum, in the presence of Vladimir Putin and Emmanuel Macron, Chairman of the Management Board of PAO NOVATEK Leonid Mikhelson…
French business chief in Iran sees bleak prospects for European firms
The head of France’s business lobby in Iran said on Friday he feared a mass exodus of European firms following the U.S. decision to impose…
France’s TOTAL not yet announced possible exit from South Pars Gas Field
Iranian Oil Minister Bijan Namdar Zanganeh said that France’s oil major ‘Total’ has not yet announced to leave development of Phase 11 of South Pars…
Total to develop gas projects in Oman
Total has signed a Memorandum of Understanding (MoU) with the Government of Oman to develop natural gas resources in Oman. This MoU covers both upstream…
SOCAR to purchase condensate volumes of “Absheron” field
All condensate volumes produced from the “Absheron” gas condensate field located in the Azerbaijani sector of the Caspian Sea will be transferred to the State Oil Company…
Iran ships 2.1m bpd of oil to global markets in March
Iran’s oil customers in Asia and Europe shipped in 2.1 million barrels per day (bpd) of Iranian crude during March, IRNA reported on Monday citing…
Total to buy French energy retailer
Total has entered into an agreement with the controlling shareholders of Direct Energie1 for the proposed acquisition of 74.33% of its share capital2, at a price…
Drilling rig goes to drilling site
The semi-submersible floating drilling rig (SSDR) Heydar Aliyev went to sea on February 23 to perform drilling operations at the Absheron field in the Azerbaijani…
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