French oil and gas giant Total has secured financing for the $20 billion Mozambique LNG project with the signing of a $14.9 billion senior debt financing. The project, which represents the first onshore LNG development in Mozambique, calls for the development of the Golfinho and Atum natural gas fields in Offshore Area 1 concession and […]
Odfjell Drilling is set to win a contract worth around $150 million to deploy its Deepsea Atlantic rig for Equinor and its partners for the drilling of a dozen wells for the Johan Sverdrup project phase 2 in the Norwegian North sea. The Deepsea Atlantic rig was previously used during the phase 1 development of […]
Qatar Petroleum has signed a farm-in deal with French oil and gas giant Total to acquire a 45% participating stake from the latter in blocks CI-705 and CI-706 in the Ivorian-Tano basin in the waters of Côte d’Ivoire. Spread over nearly 3,200 square kilometers, the two blocks are said to offer multi-target hydrocarbon prospects in […]
French oil and gas giant Total has scrapped its plans to acquire the Ghanaian assets of Occidental Petroleum as part of a larger deal signed in August 2019. As per the deal, Total under a purchase and sale agreement (PSA) was to acquire the assets of Anadarko Petroleum in Africa with the latter merged into […]
Oil and gas giants Equinor, Shell and Total have taken the decision to make initial investments of nearly NOK 6.9 billion ($680 million) in the Northern Lights CCS project, the first-ever carbon capture and storage project (CCS Project) on the Norwegian Continental Shelf. Equinor said that plans for development and operation of the CCS project […]
Williams has signed an agreement with Chevron and its partner Total E&P USA to deliver offshore natural gas transportation services to the Anchor oil field development in the US Gulf of Mexico. The Anchor oil project is located 140 miles off the Louisiana coast in the Green Canyon area. Chevron is looking to drill multiple […]
Qatar Petroleum has signed three farm-in deals for acquiring nearly 30% of Total’s participating interest in blocks 15, 33, and 34 located in the Campeche basin in Mexican waters. As per the Qatari national oil company, each of the farm-in deals is subject to customary regulatory and other approvals from the existing partners of the […]
Sapakara West-1 discovery : Apache Corporation and Total have claimed to have made a significant oil discovery on Block 58 offshore Suriname following the drilling of the Sapakara West-1 well. Sapakara West-1 is the second oil discovery made in the offshore Surinam block with the first reported in January in the form of the Maka […]
Equinor said that the first phase of the Johan Sverdrup project in the North Sea is expected to hit plateau production in early May, which is much earlier than previously anticipated by the company and its partners. The Norwegian oil and gas giant said that by the end of March, the daily oil production at […]
Isabella discovery : French oil and gas giant Total, Neptune Energy and other partners in license P1820 have made a hydrocarbon discovery following the drilling of the Isabella 30/12d-11 well in the Central North Sea offshore UK. The discovery was made nearly 40 kilometers south of the producing Elgin-Franklin gas and condensate fields and 170 […]