“For me, it’s easier to develop offshore projects than onshore projects. Onshore there are stakeholders, who are more complex to manage.”
The $9 billion project would aim to produce these fields, through subsea wells, to an FPSO. The facility would be around 150 km off the Suriname coast, with the reserves in water depths ranging from 100 to 1,000 metres.
Earlier this month, CEO and chairman Patrick Pouyanné visited Cabo Delgado and announced the appointment of a human rights rapporteur, Jean-Christophe Rufin.
The plan, he said, would not be “to appraise everything”. Instead, the partners in the block would “accelerate the time to market … if we have the chance to really confirm the volumes which seems to have been discovered, there will be room to make fast track developments, like we did on Block 17, 25 years ago.”
The French supermajor said it expected to pay $400 million under the UK Energy Profits Levy (EPL) in the fourth quarter, bringing the full-year impact of the windfall tax to an expected $1bn.
“Along with our partners, we are committed to drilling as soon as possible in 2023 an exploration well in Block 9, and our teams are mobilised to conduct these operations.”
TotalEnergies aims to drill “as soon as possible” in Lebanon’s Block 9, in 2023, following talks with the Lebanese government.
TotalEnergies can develop gas offshore South Africa responsibly, the CEO has argued, and help the country reduce emissions.
TotalEnergies and ConocoPhillips have bought out Hess from Libya’s Waha concession, completing a deal that has taken around a year.
TotalEnergies and Eni have reached a deal with Israel allowing them to begin exploration in Lebanon’s Block 9.
Activists at COP27 have accosted Patrick Pouyanné, CEO of TotalEnergies, to demand answers about “bloody money” from the company’s Russian operations.
TotalEnergies (PAR:TTE) will award all staff a one-month salary bonus, as it looks to share record profits made through the year to Q3.
TotalEnergies has increased its Russia impairment by another $3.056 billion over challenges in its LNG plans.
The European Parliament’s criticism of oil projects in Uganda failed to “respect the fundamental principles” of democracy, TotalEnergies has said.
TotalEnergies plans to continue pressing ahead with short-cycle projects in Angola but also add a new hub on the Cameia-Golfhino finds.
TotalEnergies has signed up to take a 9.375% stake in Qatar’s next phase of LNG expansion, North Field South (NFS).
The ONS conference in Stavanger has drawn in a whopping 61,000 visitors, but not quite matched the number of attendees pre-Covid.
Libya’s National Oil Corp. (NOC) chairman Farhat Bengdara has visited the heads of Eni and TotalEnergies in their home offices, seeking new investments.
TotalEnergies has taken a final investment decision (FID) on Begonia, a field in Angola’s Block 17/06.
TotalEnergies has reported net income of $5.69 billion, up more than two and a half times from the first quarter, driven largely by its downstream and chemicals operations.
Adnoc and TotalEnergies have signed a deal to work together, while France and the United Arab Emirates have also made high-level commitments.
The heads of Engie, EDF and TotalEnergies have called on the French to cut energy consumption as the European energy system comes under strain.
TotalEnergies has won a 25% stake in the North Field East (NFE) LNG project, from QatarEnergy (QE).
The CEO pay packets of Europe's oil supermajors continue to trail that of their American counterparts, as Energy Voice explores earnings amongst the sector’s top execs.
TotalEnergies CEO Patrick Pouyanné has stood up, once more, for the company’s values – but defended the purchases of Russian LNG.