TotalEnergies

Operator pays $400 million for a 40% stake in tract that contains the $6-billion Cameia/Golfinho project.

Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.

Suriname's wait to become a significant oil producer may be nearing an end as the French supermajor begins early development studies.

The Uganda oil project envisions drilling more than 450 wells on 35 well pads, leading to an estimated production of 230,000 BOPD at its peak once production starts up.

The contractor will install flexible pipe and subsea structures on the field in Block 17 offshore Angola.  

Duo jointly purchases a pair of undeveloped gas condensate fields off Western Australia from PTTEP.

The two active gas turbines are the main means of power for the Tyra II hub, including the surrounding fields.

This first phase connects a subsea production well to a new gas processing platform with a production capacity of 4 million m3/d of gas and 12,000 B/D of condensate.

Uganda is on course to become the newest African oil exporter by 2025.

The region stands to benefit from TotalEnergies’ experience as a partner in Norway’s Northern Lights CCS development to decarbonize industrial operations in northern Europe. The first injection of carbon dioxide at Northern Lights is expected in 2024.