“Integrated LNG results are expected to benefit from a 6 percent increase in production, LNG realizations above $10/MMBtu and stronger gas trading that is back to the performance of the fourth quarter 2023,” TotalEnergies said […]
TotalEnergies head in Oman and CEO of Marsa LNG, Sergio Giorgi, announced this in a social media post on Sunday. He said this is the first LNG cargo from a 10-year offtake contract with Oman […]
2024 has been another strong year for the offshore drilling market with high rig, OSV and subsea utilization and day rates. Analysts wonder whether oil prices will remain high enough to support the offshore oil […]
TotalEnergies French energy giant TotalEnergies has bought a majority stake in two wind farms offshore Denmark. The French company acquired an 85% share in the 240MW Jammerland Bay and a 72.2% share in the 165MW […]
TotalEnergies has sold off a 50% share in a gas power plant in Nottinghamshire. EPUKI, the UK subsidiary of Czech based energy company EPH, has now acquired 50% of the shares in West Burton Energy, a […]
TotalEnergies said in a statement on Tuesday it had finalized the acquisition of the interests of OMV (50 percent) and Sapura Upstream Assets (50 percent) in SapuraOMV Upstream. TotalEnergies first signed a deal with Austria’s […]
Saipem French energy major TotalEnergies has awarded TechnipFMC and Saipem billions in contracts for its GranMorgu project in Block 58 offshore Suriname. TechnipFMC’s contracted scope for the project includes Subsea 2.0 tree systems, manifolds, connectors, […]
The company’s integrated LNG adjusted net income reached about $1.06 billion in the third quarter, a drop of 8 percent compared to the third quarter in 2023. Compared to $1.15 billion in the previous quarter, integrated LNG […]
TotaLEnergies said on Monday it will supply Sinopec with two million metric tons of LNG per year. The deal is for 15 years, and the supplies are expected to start in 2028. “Thanks to this […]
French oil and gas giant TotalEnergies (NYSE:TTE) has predicted that global oil demand will peak after 2030 in its most likely scenarios, driven by population growth, slow power grid investments, and lagging electric vehicle sales. “There are around 4.5 […]
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