Total News

Total CEO Dismisses Tullow Takeover Idea

Feb 11, 2020

Total Chief Patrick Pouyanne dismissed the idea it might buy its partner in East Africa and Guyana, Tullow Oil, whose share price slumped to 19-year lows in December over a string of bad news, stoking takeover speculation.Total is a partner…

Total CEO: Governments Not Oil Firms Must Drive Carbon Curbs

Feb 11, 2020

It is up to governments to drive decarbonisation and consumers will have to pay more to achieve carbon neutrality, Total's chief executive said, adding the French firm has no intention of moving away from oil and gas production.Oil firms should…

Total Picks PBS for UKCS Maintenance

Jan 31, 2020

Total's UK subsidiary has selected PBS, a recently formed consortium in Aberdeen, to provide general maintenance of all its operated oil and gas assets in the UK.'This new contract will bring together previous separate contracts for Total E&P UK’s sites…

Total to Drill Deepest Ever Offshore Well Using Maersk Rig

Jan 14, 2020

French oil company Total will drill the deepest offshore well by water depth using the Maersk Voyager drillship owned by Maersk Drilling.The Danish offshore drilling contractor said Tuesday that, based on the conditional letter of award previously announced in the third quarter of 2019…

Jadestone Wins Arbitration against Total

Jan 09, 2020

Independent oil and gas producer Jadestone Energy has won an arbitration case against Total regarding a dispute over an offshore block in the Philippines.Jadestone Energy, focused on the Asia Pacific region, said Thursday its subsidiary Mitra Energy had been awarded monetary damages…

Petrofac Helping Petrogas NEO UK Establish North Sea Ops

Jan 08, 2020

Petrogas NEO UK has hired the UK-based oilfield services provider Petrofac to establish its North Sea operation.Petrogas NEO UK is a company formed last year by the Norwegian private equity fund HitecVision and Omani oil group Petrogas.Petrofac…

Total Eyes New Angola Production Hub

Dec 16, 2019

Energy company Total announced Monday it has acquired operating interests in two new offshore licenses with plans to develop a new production hub in the Kwanza Basin, offshore Angola.The French supermajor has signed a sale and purchase agreement…

Providence to Operate Avalon as Total Exits

Nov 28, 2019

As Total E&P Ireland, a subsidiary of the French multinational oil giant, has withdrawn, Providence Resources has taken over operatorship of the Frontier Exploration Licence (FEL) 2/19, which contains the Avalon prospect, located offshore Ireland…

Total to Sell Stake in Nigerian Offshore Block

Nov 06, 2019

Total is seeking to sell its 12.5% stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources said, in an effort to adjust the energy company's Africa portfolio amid a broad expansion.The stake in Oil Mining Lease (OML) 118…

Shell Buys Total's Stake in Brunei Block

Oct 30, 2019

Total said it has signed an agreement to sell wholly owned subsidiary Total E&P Deep Offshore Borneo BV — which holds an 86.95% interest in Block CA1, located 100 kilometers off the coast of Brunei — to Shell for $300 million.“This transaction…

Total Closes Mozambique LNG Purchase

Sep 30, 2019

Total has completed the acquisition of Anadarko's 26.5% stake in Mozambique's liquefied natural gas (LNG) project for $3.9 billion, the French oil major said on Monday.'Mozambique LNG is a one of a kind asset that perfectly fits with our strategy and expands our position in liquefied natural gas…

Solstad Wins AHTS Charter Deals from Total

Sep 26, 2019

French oil giant Total has awarded contracts to Norwegian shipping company Solstad Farstad for two large anchor handling tug supply (AHTS) vessels.The offshore service and supply ship shipping company announced that the contracts were awarded…

Total Extends Pacific Santa Ana Gig

Aug 14, 2019

Offshore drilling contractor Pacific Drilling has been awarded a one-well extension for its drillship working for French oil major Total in Offshore Mauritania.Pacific Santa Ana is expected to run from this month to September, said offshore ultra-deepwater drilling company…

Qatar Petroleum Enters Three Blocks Off Kenya

Jul 23, 2019

Eni, Total and Qatar Petroleum have signed an agreement that will see the Qatari national oil company acquire stakes in three deepwater exploration blocks in the Lamu basin offshore Kenya.The L11A, L11B and L12 blocks are situated in what is…

Total Fined for North Sea Chemical Discharge

Jul 09, 2019

Denmark has fined French oil and gas major Total 500,000 Danish crowns ($75,145) for the discharge of chemicals in the North Sea by a company it bought in 2017, Danish broadcaster DR said on Tuesday.Maersk Oil, the former oil unit of shipping giant A…

Current News

Floating Wind Project Gains Funding for Pilot

OEG Offshore Buys Manor Renewable Energy

N-Sea in Long-Term Deal for Geo Focus Survey/ROV Support Vessel

Hess Corp Sees Higher Capital Spending, Output in 2022. Focus on Guyana and Bakken

Subscribe for OE Digital E‑News