TotalEnergies

After failing to meet a previous 2018 deadline, the owners of the Bonny Island plant say they are close to sanctioning the expansion project following the signing of a letter of intent to a consortium of Saipem Chiyoda and Daewoo for EPC services. Train 7 will add 8 mtpa to Bonny Island’s production

With a production capacity of nearly 20 mtpa, Wood Mackenzie says the project would be the largest single project to reach FID. Novatek plans to spend more than $21 billion to launch the project at full capacity. Startup is scheduled for 2023.

Recent exploration success in the North Sea has motivated Total to invest some $10 billion in the basin over the next 5 years.

At nearly 3,000 tonnes, the company said its lift of an FPSO module was one of the heaviest land-based crane lifts ever performed. ALE was contracted to lift six modules for Total’s FPSO module integration project in Nigeria.

The $635-million deal sees Oman-based Petrogas and Norwegian private equity company HitecVision acquire a package of non-core North Sea assets, including 100% ownership stake in four fields.

Vast amounts of offshore and onshore reliability data will be made available as the project by the Norwegian Petroleum Directorate provides access to its now-digital data in an effort to improve accessibility and efficiency for oil and gas industry reliability data.

Leaders from UK’s Oil and Gas Authority, Total, CNOOC, and Equinor discuss exploration successes, misses, and expectations for the offshore UK.

Anadarko Petroleum now plans to exit its agreement with Chevron after deeming Occidental Petroleum's revised takeover bid "superior."

Total plans to start a digital factory to tap artificial intelligence in a bid to save hundreds of millions of dollars on exploration and production projects, according to an executive.

The gas agreement clears the way for the FEED phase; FID expected in 2020.