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Category: Energy

News

Decarbonisation

Decarbonisation

Many governments and business leaders have made commitments to reduce carbon emissions in response to the 2015 Paris Agreement. This series covers topics surrounding green energy transition The 2015 Paris Agreement is a historic agreement between world governments to reduce carbon emissions in order to combat the effects of climate change. As a result, many…
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French Total planning to drill for gas off shore Tierra del Fuego

French Total planning to drill for gas off shore Tierra del Fuego

The US$ 700 million project is expected to produce some 10 million cubic meters of natural gas per day, representing 8% of Argentina’s total production France’s Total Vice-president said the company will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024 and expects to start production the following November.  The US$ 700 million…
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Apache LNG Suriname

Apache Says Talks Advancing on Floating LNG Site Between Guyana, Suriname

By Mitchell Ferman Apache Corp., confident in its oil discovery with TotalEnergies SE off Suriname’s coast, is pursuing further discussions for a floating liquefied natural gas site in cooperation with neighboring Guyana, an Apache executive told analysts and investors. Natural gas is a byproduct of oil production that companies handle in a variety of ways. Apache plans in…
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A conversation with TotalEnergies Chairman and CEO Patrick Pouyanné

A conversation with TotalEnergies Chairman and CEO Patrick Pouyanné

In this edition of #ACFrontPage, TotalEnergies Chairman and CEO, Patrick Pouyanné, joined the Atlantic Council to discuss industry’s role in an inclusive and sustainable energy transition. For further information, please visit: https://www.atlanticcouncil.org/event…

Suriname: TotalEnergies announces an oil project of 200,000 b/d in Block 58

Suriname: TotalEnergies announces an oil project of 200,000 b/d in Block 58

and launches development studies with the objective of sanctioning the project end 2024 eyesonsuriname Download the Press Release (PDF)  Paris, September 13, 2023 – On the occasion of the meeting held in Paramaribo between Patrick Pouyanné, Chairman and CEO of TotalEnergies, His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, CEO of…
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Start-ups and big names

“The investment will be used for four parts,” says Jacob Ruiter, CEO of EIT InnoEnergy Benelux. “We are going to invest more in our current portfolio of companies and want to attract new companies. In doing so, we use the capital to set up new companies in promising markets. Our fourth goal is related to…
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Total CEO for Suriname visit, oil development discussions high on agenda

Total CEO for Suriname visit, oil development discussions high on agenda

All details will be revealed to Suriname’s President on Block 58’s development prospects, said TotalEnergies’ Chief Executive Patrick Pouyanné.  Speaking at the Barclays CEO-Energy Power Conference being held in New York, Pouyanné said that the oil field is big enough “to launch a sizeable deepwater development” but held other details close.  He is due for…
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Why It's So Hard to Put a Price on Carbon

Why It’s So Hard to Put a Price on Carbon

In the past decade, the phrase “put a price on carbon” has gathered steam around the globe. And carbon pricing has been hailed by scientists, economists, and business leaders as one of the most cost-effective tools to decarbonize economies. But the exact price—typically expressed in terms of value (e.g. dollars or other local currency) per…
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Block 58: Krabdagu-3 appraisal well confirms extension of oil resource 14 km from initial discovery offshore Suriname

Block 58: Krabdagu-3 appraisal well confirms extension of oil resource 14 km from initial discovery offshore Suriname

Suriname is one significant step closer to its highly anticipated offshore oil development as APA Corporation reported that Krabdagu-3 appraisal well in Block 58 confirmed an extension of oil resources, some 14 kilometres from the original prospect.   APA holds a 50% working interest in the block alongside TotalEnergies – the operator. APA in its Q2 results…
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Stena Carron oil drill ship

The Suriname Guyana Oil and Gas Basin

Development for Change eyesonsuriname Amsterdam, 11 August 2023 –The energy landscape of the Guyana-Suriname Basin is evolving at a rapid pace, with drilling activity set to intensify in the coming years. Noble Corporation projects the need for “6 to 7 ultra-deepwater (UDW) rigs through 2024, with potential upside from 2025 onwards” in the Basin, the…
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