SOCAR and ADNOC Discuss Cooperation Within Development of Absheron Field
SOCAR President Rovshan Najaf met with Abu Dhabi National Oil Company (ADNOC) Executive Director Musabbeh Al Kaabi. “At the meeting, it was noted that the agreement signed in August this year between SOCAR, TotalEnergies and ADNOC on the sale of a 30% stake in the Absheron gas condensate field development …
TotalEnergies and Inpex Secure Two Gas Fields off the Coast of Australia
The French and Japanese companies will receive 26% and 74% of the assets of the Ichthys LNG project off the west coast of Australia. It is believed that the involvement of large companies will ensure the sustainability of LNG production in the western part of the country. Permits for the …
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 …
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 …
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 …
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 …
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 …
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 …
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; – …
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 …