Eurasia Journal News

TotalEnergies and INPEX Acquired Cash-Maple Gas Fields in Australia

French oil and gas company TotalEnergies and Japan’s INPEX have signed an agreement with PTTEP to acquire PTTEP’s 100% stake in Australia’s AC-RL7 development permit, the companies said in a statement. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a …

READ MORE →
Eurasia Journal News

Consortium Led by TotalEnergies to Start Drilling Offshore Lebanon

According to a study by French specialists, potential hydrocarbon reserves on the shelf can be up to 700 billion cubic meters. m of gas The drilling vessel of the Swiss company Transocean has arrived in the exclusive economic zone of Lebanon to carry out exploration work on block 9, where …

READ MORE →
Eurasia Journal News

NOVATEK Will Join the Former Joint Venture With TotalEnergies to Its “Daughter”

LLC NOVATEK-Tarkosaleneftegaz announced that it plans to take over AO Terneftegaz (the former joint venture between NOVATEK and France’s TotalEnergies). According to data for 2021, Terneftegaz produced 2.6 billion cubic meters. m of gas and 754 thousand tons of liquid hydrocarbons (condensate), and NOVATEK-Tarkosaleneftegaz – 16.6 billion cubic meters of …

READ MORE →
Eurasia Journal News

Emirati ADNOC Acquires 30% Stake in Absheron Gas Condensate Field Development Project – SOCAR

Emirati ADNOC acquires 30% stake in Absheron gas condensate field development project – SOCAR The Abu Dhabi National Oil Company (ADNOC) has become a shareholder in the project to develop the Absheron gas condensate field in the Caspian Sea, having bought 15% of the shares from SOCAR (State Oil Company …

READ MORE →
Eurasia Journal News

TotalEnergies and SOCAR Start Production as Part of the First Phase of the Development of the Absheron Gas Condensate Field in the Caspian Sea

The French company TotalEnergies together with SOCAR (State Oil Company of Azerbaijan) has started production as part of the first phase of the development of the Absheron gas condensate field in the Caspian Sea. “TotalEnergies and its partner in the project, SOCAR, announced the start of production as part of …

READ MORE →
Eurasia Journal News

TotalEnergies Will Increase Gas Production in Algeria

The French oil and gas company TotalEnergies has entered into an agreement with the Algerian state-owned company Sonatrach aimed at increasing gas production in Algeria, according to a press release from TotalEnergies. The agreement covers gas production at the Tin Fouye Tabankort II (TFT II) and Tin Fouye Tabankort Sud …

READ MORE →
Eurasia Journal News

French TotalEnergies Discovers New Ntokon Oil And Gas Field

The Ntokon oil and gas field was discovered in the OML102 block offshore Nigeria, the press service of TotalEnergies reports. Well Ntokon-1AX: located in shallow water, 60 km from the southeast coast of Nigeria; found: lateral wellbore Ntokon-1G1:  – discovered an oil deposit with a thickness of 73 m; – …

READ MORE →
Eurasia Journal News

TotalEnergies to Split Production at Site in Brazil

France’s TotalEnergies has signed a production sharing agreement for its Agua Marinha block with other operators, the company said in a press release. “TotalEnergies and its partners Petrobras, QatarEnergy and Petronas Petróleo Brasil Ltda (PPBL) signed a production sharing agreement for the Agua Marinha block on May 31, 2023,” the …

READ MORE →
Eurasia Journal News

Well Drilling on Lebanese Offshore Block 9 to Start in Q3

TotalEnergies has signed a trilateral consortium agreement with QatarEnergy and Eni to explore for oil and gas in two offshore blocks off the coast of Lebanon, known as Blocks 4 and 9. After months of negotiations, QatarEnergy acquired a 30% stake in the consortium, leaving TotalEnergies and Eni with 35% …

READ MORE →
Eurasia Journal News

QatarEnergy Will Develop Fields in Lebanon Instead of NOVATEK

The Qatari oil and gas company QatarEnergy has taken the place of Russia’s Novatek in a project to develop deposits in the exclusive economic zone of Lebanon in the Mediterranean Sea. According to a RIA Novosti correspondent, on Sunday in the Lebanese capital of Beirut, a ceremony was held to …

READ MORE →