Total’s South African unit expects to drill as many as seven wells in the Deep Western Orange Basin in waters about 211 km (131 mi) off the coastal town of Saldanha Bay, according to SLR Consulting, an independent environmental assessment company. A draft environmental assessment is available for public comment until Sept. 10.
Vantage Drilling International Ltd. has completed its sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by Vantage Drilling and 75% by TotalEnergies.
TotalEnergies has stakes in two fields that are part of the Vaca Muerta shale play but an underdeveloped part. YPF has been very active in the development of other parts of the formation and looking for growth opportunities in what many have called the second-largest shale deposit in the world.
In Block 32, TotalEnergies, with a 30 percent operating ownership, said 2024 it would continue drilling development wells through the third quarter of 2025 including three infill wells of Kari Phase 1. It said it was assessing potential additional developments in discoveries in the central and northern areas of the block. Block 32 is already in production through FPSOs Kaombo Norte and Kaombo Sul.
The objective is to harness the value of that data to enhance decision-making, specifically through the use of AI, and optimize operational efficiency, energy use and environmental performance at TotalEnergies sites worldwide, thereby continuing to supply more reliable and sustainable energy.
TotalEnergies is reviving its USD 20-billion LNG project in Mozambique’s Cabo Delgado province after the government declared conditions safe for operations to restart, Lusa reported on Monday.
Mozambican President Daniel Chapo said his government and private companies will have to collectively ensure the necessary security is in place to enable TotalEnergies to restart construction of a $20 billion gas project that has stalled due to a militant insurgency — and even then risks will remain.
TotalEnergies has agreed to acquire the 25 % interest held by Moeve (formerly CEPSA) in Block 53 offshore Suriname, expanding its position in a basin the company already operates.
France’s TotalEnergies SE is in talks with at least two suitors who have submitted bids for its shale oil assets in Argentina, according to people familiar with the matter.
“I am delighted with this strategic agreement with Quatra that contributes to our aim to secure the feedstock we need to produce biofuels in our biorefineries. The development of biofuels is one of our company’s strategic goals. By directly reducing the carbon intensity of the energy products used by our customers, we are actively working with them as part of our net zero approach, together with society”, Valérie Goff, Senior Vice President for Renewable Fuels & Chemicals at TotalEnergies, said.