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The farm-down transactions give 100% of Total’s two portfolios of renewable energy projects an enterprise value of $600 million,…
“There are a lot of economic advantages from shale production and some foreign policy advantages,” says IHS Markit Vice-Chairman and…
Rise of clean energy and doubts about long-term demand force existential reckoning for oil majors.
Alongside plans to boost investment in its electricity and renewables segment in 2021, Total is aiming to reduce oil products to a…
The agreement would stick to terms agreed in April 2019, PNG Prime Minister James Marape said.
New Financings
Issued hybrid bonds comprised with proceeds used to finance its development strategy, mainly acquisitions…
Bought back 3.1 million shares at approximately US$82.02 each.
Activity Highlights
Paris-based Total is planning to drill a second exploratory well in offshore Lebanon Block 9 territorial waters. The first test on nearby Block 4 at #16-1 Byblios did not find hydrocarbons. Block 9 also has a possible reserve in its carbonate…
Total SA will begin exploration drilling in offshore Lebanon’s Block 4. It will be the first exploration well on the block. The drilling in Block 4 will test the northward extension of Oligocene and Miocene sandstones (Tamar Sands) found in…
United Kingdom
Paris-based Total SA announced results from discovery at #30/12d-11 Isabella in offshore U.K. license P1820. The well was drilled in a water depth of about 80 m. It encountered 64 m net pay of lean gas and condensate and high-quality light oil in…
Tarrant
TX
United States
Two Tarrant County (RRC Dist. 5), Texas, Barnett Shale wells were reported by Fort Worth, Texas-based TEP Barnett USA. The Newark East Field wells were drilled from a drillpad in Lewis G Tinsley Survey, A-1523. The #2H Carden-Heidi-Little was…
Total is scheduling oil and gas exploration in offshore Lebanon’s territorial waters in Block 4. The Paris-based company plans to use exploration at Block 4 to test the northward extension of Oligocene and Miocene sandstones (Tamar Sands) found…
Transactions
France’s Total Buys Texas Solar Projects Outside Houston
France’s Total Buys Texas Solar Projects Outside Houston
France’s Total Buys Texas Solar Projects Outside Houston
France’s Total Buys Texas Solar Projects Outside Houston
Total to Buy $2.5 Billion Stake in Adani Green Energy
Total to Buy $2.5 Billion Stake in Adani Green Energy
Total Buys Stake in $2 Billion Mexico LNG Project
Total Buys Stake in $2 Billion Mexico LNG Project
Tullow Oil Exits Uganda Project in $575 Million Sale to Total
Tullow Oil Exits Uganda Project in $575 Million Sale to Total