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Speaking at an event in Washington, Total CEO Patrick Pouyanne said the oil major has had its eyes on Anadarko's Africa assets for…
The Cameron LNG project achieved first LNG production on May 14 and the project will begin exports in the coming weeks, Total said in…
In the era of shale, operators working international opportunities frequently cast their eyes on the U.S. for expertise and analogs.…
Occidental Petroleum entered a merger agreement with Anadarko Petroleum on May 9, bringing to an end Occidental’s pursuit for The…
Throwing out the rulebook that expects CEOs to be surrounded by investment bankers and other advisers when dealmaking has become a…
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
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
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
Total Sells 4% Of Ichthys LNG Project For $1.6 Billion
Total Sells 4% Of Ichthys LNG Project For $1.6 Billion
Total Wins Contracts For Two Offshore Blocks In Mauritania
Total Wins Contracts For Two Offshore Blocks In Mauritania
Total Buys Chevron's Interest In Danish Underground Consortium
Total Buys Chevron's Interest In Danish Underground Consortium