Photo: By Teun van den Dries / Shutterstock By William Mathis (Bloomberg) -- French energy company Total SA is hiring in the U.K. and Denmark to prepare to compete for government contracts for offshore wind farms. The move adds to evidence of oil majors seeking to enter the wind business as governments everywhere look to reduce reliance on fossil fuels and spur cleaner … [Read more...]
CMA CGM and TOTAL Sign Major LNG Bunkering Deal
By Gus Trompiz PARIS, Dec 4 (Reuters) - Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refuelling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total. Total will supply liquefied natural gas (LNG) and a refuelling barge to enable CMA CGM to refuel LNG-powered vessels at the Marseille-Fos hub … [Read more...]
Shell Plans South Africa Oil Expansion With Second Deal
By Paul Burkhardt (Bloomberg) -- Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters, months after a major discovery by Total SA boosted the country’s hydrocarbon prospects. Shell has applied to take a stake in a license owned by OK Energy, located in deep waters off South Africa’s west coast, … [Read more...]
Oil Major Total Plans Biggest Exploration Drive in Years
By Bate Felix and Wendell Roelf PARIS/CAPE TOWN, Jan 29 (Reuters) - Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company's focus on risky long-shots in favor of areas known to contain commercial levels of oil or gas. The French major aims to drill 23 wells this year, its senior vice president for … [Read more...]
Total Poised to Start Exports From Big New Oil Field in Nigeria
By Sherry Su (Bloomberg) -- Total SA is poised to start exports of crude from a major new offshore field in Nigeria, adding to global supplies at a time when oil prices are plunging. Shipments of Egina crude from a floating offshore production vessel have been scheduled for February, according to a copy of a loading program for the new grade seen by Bloomberg. Initial … [Read more...]