TotalEnergies Marketing Ghana PLC has achieved a remarkable transformation in its bottom line, recording a 36.4% jump in net profit for the nine months ending September 2025, even as revenue remained virtually unchanged. The oil marketing company’s strategic focus on margin improvement and cost discipline has delivered results that industry analysts say demonstrate operational excellence […]
Chevron Corp. has started oil and natural gas production from the Ballymore field, a deepwater subsea tieback in the Gulf of Mexico/Gulf of America.
The project, located about 160 miles southeast of New Orleans in the Mississippi Canyon area, is Chevron’s first development in the Norphlet trend. Ballymore connects three production wells to the existing Blind Faith facility, eliminating the need for a new offshore platform.
The government of Egypt has signed deals with Shell and TotalEnergies for the delivery of 60 LNG cargoes at a cost of around USD 3 billion, Reuters reported on Friday.
TotalEnergies CEO Patrick Pouyanné expects US financing for the company’s USD 20-billion Mozambique LNG project to be approved in the coming weeks, Reuters reported on Wednesday.
TotalEnergies passed on the opportunity to sign up for long-term liquefied natural gas from U.S. Venture Global because it did not trust the company, the French supermajor’s chief executive told Reuters.
The Stena Drillmax will be deployed to Suriname in Q2 of this year under a 1x well programme. The contract includes the possibility of extension to an additional three wells in Suriname.
The acquisition from Swiss asset manager Partners Group was announced in tandem with a divestment of 50% of a 2-GW portfolio of solar and battery energy storage systems (BESS) projects in Texas.
The Rabigh 2 solar project was awarded in the fifth round of the Ministry of Energy’s National Renewable Energy Program, which envisions the country’s power generation coming 50-50 from gas and renewables by 2030.
The partners will deploy TotalEnergies’ pioneering Airborne Ultralight Spectrometer for Environmental Applications (AUSEA) gas analysis technology at Oil India sites. The drone-mounted AUSEA is a dual sensor capable of detecting methane and carbon dioxide emissions while at the same time identifying their source.
These huge deals followed hot on the heels of 14 other major Iraqi oil and gas concessions awarded to Chinese companies in May and dozens more before then