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Located in the Santos Basin offshore Brazil, the FPSO has a daily capacity of up to 150,000 barrels of oil and 6 million cubic meets…
Aker Solutions and a group of the world’s leading oil and gas operators have come together in a joint industry project on Nov. 15 with…
Many oil and gas companies, particularly the majors, have publicized their efforts to be good stewards of the environment,…
French oil and gas major Total said it will drill another exploration well in the 11B/12B block offshore South Africa in the first…
In the Nov. 6 auction, firms are expected to pay up to US$26.5 billion in signing bonuses for fields that Brazil says may hold up to…
New Financings
Bought back 3.1 million shares at approximately US$82.02 each.
Activity Highlights
An offshore exploratory test is planned in the Lebanese sector of the Mediterranean Sea in Block 4. According to Paris-based Total SA, Block 4 is a less prospective block than Block 9, but the company plans to use exploration at Block 4 to test…
Paris-based Total announced a gas condensate discovery in offshore South Africa’s Block 11B/12B in the Outeniqua Basin. The #1-Brulpadda well encountered 57 m of net gas condensate pay in Lower Cretaceous reservoirs. The Brulpadda-deep prospect…
United Kingdom
A gas discovery was reported by Paris-based Total on the offshore Glendronach Prospect in its West of Shetland area of the North Sea. The #1-Glendronach was drilled to 4,312 m and encountered a 42-m gas column of net pay in a high-quality Lower…
Paris-based Total applied to the French Guiana government to drill an exploration well in offshore waters in 2019. The planned drillsite is approximately 150 km offshore. Total's French Guiana Maritime permit extends over more than 24,000 sq…
A consortium including Total, Eni and Novatek have received approval for drilling in Blocks 4 and 9 in the Lebanese sector of the Mediterranean Sea. Block 9 lies in an area disputed with Israel, but there are no plans to drill in that area. The…
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