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Flylogix Ltd., the Beyond the Horizon unmanned aircraft company, has launched a North Sea drone initiative in collaboration with oil…
The Papua LNG gas agreement is one of two agreements needed for Total and its partners, Exxon Mobil and Oil Search, to go ahead with…
Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to focus…
Oil services company TechnipFMC won a $7.6 billion contract with Russia’s Novatek and its partners for the Arctic 2 LNG project in…
Following regulatory approvals by Kenya, the consortium will be comprised of Eni (the operator) with a 41.25% participating interest,…
New Financings
Bought back 3.1 million shares at approximately US$82.02 each.
Activity Highlights
Total is ready to begin its exploration campaign in the Bulgarian sector of the Black Sea in the Khan Asparuh Block. A drillship will drill the first well on the block at #1-Polshkov. Area water depth at the site is about 2,200 m. Paris-based…
On Total's Trell Prospect, exploration well #25/5-9 in North Sea PL 102 hit 19 m of net pay in a Paleocene Heimdal reservoir. Wireline logs and pressure data confirm hydrocarbon contact: samples of oil and water were acquired for further…
Côte d’Ivoire
At Cote d'Ivoire's Gulf of Guinea Block CI-100, Paris-based Total announced an oil discovery at #1X-Ivoire. The well is in 2,280 meters of water. It was drilled to 5,044 meters and hit 28 meters of net oil pay in a series of about 100…
In the Absheron Block in the Caspian Sea, Total has submitted a notice of discovery and commerciality to Azerbaijan authorities for #2X-Absheron. The well was drilled in 474 meters of water to 6,874 meters. One of the hydrocarbon-bearing…
Total reported a deepwater oil discovery in Brunei at #1-Jagus East. The venture is in Block CA-1 in South China Sea in 4,400 ft. of water. The #1-Jagus East well was targeting Miocene and Pliocene clastic reservoirs at a site just southeast of…
Transactions
Total Takes On Toshiba's US LNG Business After Chinese Buyer Pulls Out
Total Takes On Toshiba's US LNG Business After Chinese Buyer Pulls Out
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Total To Divest UK North Sea Oil Fields In $635 Million Sale
Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarko’s African Assets
Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarko’s African Assets