HitecVision’s NEO business has renegotiated its deal to buy British North Sea oilfields from Total, with Omani partner Petrogas dropping out and the French seller providing financial help. [Read more…] about Total renegotiates terms of non-core North Sea assets sale
Historic investment decision for transport and storage of CO₂
Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway’s first exploitation licence for CO₂ storage on the Norwegian Continental Shelf. [Read more…] about Historic investment decision for transport and storage of CO₂
Shell, Total cut spending, share buybacks in response to oil price slump and corona virus
European oil majors Shell and Total announced Monday plans to cut capital expenditure by around 20% and suspend their share buybacks as part of a raft of measures to strengthen balance sheets in response to collapsing oil prices and the economic impact of the global coronavirus pandemic. [Read more…] about Shell, Total cut spending, share buybacks in response to oil price slump and corona virus
Shearwater GeoServices awarded Bulgaria Black Sea 3D survey by Total
Shearwater GeoServices announced the award of a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total E&P Bulgaria. [Read more…] about Shearwater GeoServices awarded Bulgaria Black Sea 3D survey by Total
Energean to acquire Greek block from Total
Greek firm Energean is to acquire Total’s stake in Block 2, offshore Western Greece, providing further exploration opportunities in its core area of the Eastern Mediterranean with limited financial exposure. [Read more…] about Energean to acquire Greek block from Total
Total awards multi-million pound North Sea deal to new UK consortium
A newly-formed consortium led by French, family-owned firm Ponticelli has landed a five-year deal to support oil major Total’s UK North Sea platforms. [Read more…] about Total awards multi-million pound North Sea deal to new UK consortium
Significant oil discovery, offshore Suriname
Apache Corporation along with partner, Total, lands on a significant oil discovery at the Maka Central-1 well drilled on Block 58 offshore Suriname. [Read more…] about Significant oil discovery, offshore Suriname
Total enters Suriname
Total has signed an agreement with Apache Corporation to acquire a 50% working interest and operatorship in the highly prospective Block 58 offshore Suriname, further expanding Total’s footprint in the prolific Guyana-Suriname basin. [Read more…] about Total enters Suriname
New dry-docking concept ‘High Docking’ opt by Odfjell Drilling at Semco Maritime
Odfjell Drilling and Semco Maritime have signed a contract for the preparation and modification of Deepsea Stavanger prior to her commencement of a 9-month drilling campaign for Total. [Read more…] about New dry-docking concept ‘High Docking’ opt by Odfjell Drilling at Semco Maritime
BOURBON awarded new integrated logistics contract by TOTAL in Namibia
Bourbon Marine & Logistics announces today that it has been awarded by Total E&P Namibia an integrated logistics contract to support a deep offshore exploration campaign in South Namibia in 2020. [Read more…] about BOURBON awarded new integrated logistics contract by TOTAL in Namibia
