TotalEnergies has agreed to divest its 39.89% non-operated interests in Norway’s West Ekofisk and Albuskjell fields to Vår Energi and its 20.23% stake in the Tommeliten Gamma field to Orlen Upstream Norway, the French energy giant announced on Wednesday.
“We are aligned on the need to act together and believe that now is the time for a significant coordinated escalation of measures to bolster Ukraine’s resilience and critically impair Russia’s ability to wage war against Ukraine,” the statement said.
Minister for Energy and Green Transition, John Abdulai Jinapor, has assured international investors that President John Dramani Mahama is firmly committed to restoring confidence in the country’s upstream petroleum sector.
Ghana’s Minister of Energy and Green Transition, Hon. John Abdulai Jinapor, has reaffirmed the government’s commitment to fostering investor confidence and promoting natural gas as a cornerstone of the nation’s energy future.
The CIMG Annual Awards celebrate businesses and individuals who demonstrate marketing excellence, innovation, and ethical leadership in their sectors. GOIL’s repeated success at the awards reinforces its role as a proud Ghanaian brand contributing to national development.
Equatorial Guinea has signed an Incentives Agreement with Chevron for the development of the Aseng Gas Project in Block I. The landmark agreement underscores the country’s long-term strategy to consolidate its position as a premier hub for natural gas in Africa.
MODEC has confirmed the award of full EPCI scope from ExxonMobil to build an FPSO for the Hammerhead development offshore Guyana, MODEC announced on Tuesday.
RWE had signed a preliminary MoU in 2022 to take delivery of 300,000 tonnes per year (tpy) of green ammonia starting from Hyphen’s planned operational startup in 2027, but has pulled back in a recalibration of its investment priorities. RWE’s MoU with Hyphen did not include a binding offtake agreement.
DeepOcean has been awarded an offshore installation contract by Equinor covering simultaneous marine operations and production (SIMOPRO) on the Norwegian Continental Shelf.
Exxon had nine functional companies that operated relatively independently from one another when Woods took over in 2017, creating layers of bureaucracy and duplication of support services. The company now has three main divisions — production, refining and low-carbon — all of which share services like engineering, IT and project management.