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Total Increases Renewables Hedge
Total said September 19 it is widening its exposure to renewables by investing in two companies. It has signed an agreement to acquire an indirect interest of 23% in Eren Re by…
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Maurel & Prom Loss Steeper, Despite Improved Sales
Maurel & Prom reported higher sales and margins in the first half of this year. But the French firm, now owned by Indonesian state Pertamina, also reported September 13…
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France Follows Through With Draft Ban from 2040
France's ecology minister Nicolas Hulot presented his draft law to cabinet on September 6 to ban petroleum production in France from 2040. The draft puts flesh on the…
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Engie E&P Chief to Head DEA
Hamburg-based DEA announced September 4 that Maria Moraeus Hanssen is to become its new CEO. The appointment is expected to take effect in January 2018, when she will succeed…
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Total Sells Remaining Gina Krog Stake to Kufpec
Total has agreed to sell its remaining stake in the Gina Krog oil and gas field to Kuwaiti state-owned Kufpec (Kuwait Foreign Petroleum Exploration Company) in its first non-core…
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CGG to Start Mozambique Offshore Survey
France's CGG has signed a multi-client data agreement with Mozambican upstream regulator INP, as a result of which CGG will shortly begin acquiring a new multi-client survey of…
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Kongsberg To Fit Brittany Ferries LNG-Fuelled Ship
Norwegian contractor Kongsberg Maritime has won a contract worth €20mn to fit out a new LNG-fuelled cruise ship being built for Brittany Ferries. The ship, Honfleur,…
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Total Starts Up New UK West of Shetland Fields
Total announced August 30 that it has started-up production from the Edradour and Glenlivet gas and condensate fields, in about 300 to 435 metres water depth, in the UK West of…
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CGG Begins Brazil Seismic Survey
French geosciences group CGG said August 29 it has begun work on Espirito Santo IV, a large 3D multi-client survey in the deep and ultra-deep waters of the Espirito Santo basin…
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Air Liquide Enters Norwegian Biogas Market
French industrial gases giant Air Liquide said August 29 it has acquired a majority equity stake in Norwegian company Skagerak Naturgass, hitherto owned by Norwegian state-own…
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Technip Awarded Canadian Work
TechnipFMC said August 29 it has been awarded an engineering, procurement, construction and installation (EPCI) contract by Canada's Husky Energy for the West White Rose oil…
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[Premium] Total 'Committed' to Denmark's Tyra: Pouyanne
Total, as expected future new owner of Maersk Oil assets, indicated August 21 that it is looking to sanction the big Tyra gas redevelopment offshore Denmark early 2018 – so…
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UK's Halo Provides Update on Spinoff
London-listed small independent Hague and London Oil (Halo) provided an update August 9 on its spin off, Vermeer Exploration. Halo said May 11 2016 that higher risk exploration…
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Panama's Costa Norte LNG Slips to 2019
Start-up of the planned Costa Norte LNG import terminal at Colon, Panama, has slipped from 2018 to 2019, according to an investor in the project. US power group AES and…
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Engie Starts up Cygnus Bravo
Engie E&P said August 8 it exported first gas a week earlier on August 1 from its unmanned Cygnus Bravo platform in the UK southern North Sea. The field’s first…
