TotalEnergies
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Venus well could prove 2 billion-barrel find.
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Oilfield services giant is the latest to receive a contract related to TotalEnergies’ $10-billion Ugandan development.
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TotalEnergies, Chevron and others abandon region citing worsening humanitarian situation.
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The European energy sector is redrawing its energy map as BP, Shell, and Equinor announce plans to pull out of Russia. The moves will result in many billions of dollars in writeoffs.
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The French operator withdraws from flagship deepwater project.
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The Lake Albert project includes the development of oil fields, processing facilities, and an electrically heated pipeline network.
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Tested within a full ballast water tank on a North Sea FPSO, the ROV collected visual inspection data, validating system performance including wireless navigation and wireless communication.
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Exploratory, development well success in current onshore program.
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Phase 2 production should reach 40,000 BOE/D by mid-2022.
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Subsidies lapse while others take hold in a bid to bolster offshore wind energy capacity around the globe.