Total To Sell UK North Sea Assets to JV
The $635-million deal sees Oman-based Petrogas and Norwegian private equity company HitecVision acquire a package of non-core North Sea assets, including 100% ownership stake in four fields.
Total, ExxonMobil, Oil Search Sign Papua LNG Agreement
The gas agreement clears the way for the FEED phase; FID expected in 2020.
Novatek, Repsol Sign Supply Deal for Arctic LNG 2
The 15-year deal calls for 1 million tons of LNG to be shipped each year to the Iberian Peninsula. Final investment decision on the project is expected in the second half of 2019, with the first liquefaction train scheduled to start up in 2023.
Total Begins Full-Field Production at Kaombo
The startup of a second FPSO will add 115,000 BOPD to the deepwater project offshore Angola, bringing overall production capacity to 230,000 BOPD.
IPTC Awards Saudi Aramco’s Manifa Offshore Project
Megaprojects have come to define many of the world’s new resource projects but they are also a testament to the awesome engineering capabilities of the oil and gas industry. Find out who took home this year’s honors.
Are Deepwater Projects Due for a Revival?
The oil price downturn spawned a lull in deepwater enthusiasm, but better project execution and reduced project lead times have helped operators achieve lower costs and better returns. What does the landscape for deep water look like in the near term? Will operators get more involved?
Aqualis Offshore Secures Deal for Total's Egina FPSO
The company will manage the position-keeping for the deepwater project offshore Nigeria, which is scheduled to start production later this year.
Total Begins Production at Kaombo Deepwater Project
Sanctioned in 2014, the project is the largest deepwater offshore development in Angola. It will produce an estimated 230,000 BOPD from six different fields at peak.
Total Acquires Engie’s LNG Assets, Becomes No. 2 in Global Market
The $1.5-billion deal delivers a world market share of 10%, including a 16.6% stake in the US Cameron LNG project.
TechnipFMC Completes Kaombo Umbilicals Project
Completion of the umbilicals system marks another step toward startup for the Total-operated ultradeepwater development offshore Angola.
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26 June 2019
26 June 2019
26 June 2019