Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total $27.5 billion, according to Rystad Energy’s latest assessment.
Energy giant SSE should have the sale of its Greater Laggan Area gas assets wrapped up by March 2020, according to the company’s chief executive.
DecomWorld – part of Reuters Events- today announced the global E&P delegations already confirmed to attend their 2020 Decommissioning and Abandonment Summit along with an international operator speaker faculty
Abu Dhabi is taking steps to cement its position as a reliable supplier through the launch of the Murban Futures contract.
Oil and gas majors who invest in the renewable energy sector "could benefit" from more stable cash flows, according to a credit rating agency.
The timing of oil giant Shell’s decision to acquire French floating wind firm Eolfi is “very sensible”, but isn’t likely to herald a revolution in how it invests its money, according to a top energy expert.
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
An oil giant is seeking a new tenant for a former school for the children of European oil workers, The Press and Journal understands.
A production boost delivered by the Culzean gas field in the UK North Sea was not enough to prevent income dropping at French oil giant Total in the third quarter of 2019.
Bourbon has signed a three-year agreement with Total on cost cuts, through technological innovation, for operations offshore Angola.
Slumping energy prices, sluggish global demand and shrinking chemical margins are weighing on the oil industry as its biggest names prepare to announce quarterly results to investors demanding ever-higher payouts.
Drilling has kicked off at a North Sea exploration well operated by Italian oil and gas firm Eni, supported by French partner Total.
A group of NGOs has filed in a French court to compel Total to disclose details of its human rights and environmental plans in Uganda.
The next phase has been announced of a world-first project to see autonomous robots working on offshore oil and gas installations.
French energy giant Total SA is spending £476 million to expand its presence in one of the world’s fastest growing natural gas markets.
Nigeria is seeking to recover as much as $62billion (£50.6bn) from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
Norway’s Northern Lights carbon capture project took a major step forward recently when various partners signed memoranda of understanding with seven European companies to develop value chains in CCS.
Total E&P UK swung to a £525.4million pre-tax profit last year with higher oil prices and an end to impairments in the west of Shetland.
Oil giant Equinor has announced start of production at its giant Johan Sverdrup project in the Norwegian section of the North Sea.
French energy giant Total has said a new tool developed in Aberdeen represents a “significant opportunity” to slash its $14.3bn (£11.6bn) global decommissioning bill.
An exploration well is due to be drilled at the Total-operated Isabella well later this month.
Shares in Irish oil explorer Providence Resources sank in London yesterday after the firm confirmed it would seek a new partner for its Barryroe asset off the south coast of Ireland.
Total has closed its purchase of Anadarko Petroleum’s 26.5% stake in the Mozambique LNG project.
Continued stability in the global oil and gas industry is expected to deliver a record £57.7 billion in dividend payments for investors next year.
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.