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Tag: Total
Total

Total to slash over $2.5 billion from its E&P business as oil crisis bites

Posted: March 24, 2020 at 3:39 pm   /   Oil & Gas

In an effort to alleviate the concequences of the recent oil price plunge, French oil major Total has revealed its plan to reduce the capex for 2020 by more than $3 billion and save about $800 million in operating costs compared to 2019. Total will also suspend its buyback program.  Patrick Pouyanné, Chairman & CEO […]

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Egypt agrees with five majors on West Mediterranean exploration

Posted: February 16, 2020 at 2:09 pm   /   Oil & Gas

Egypt agrees with five energy firms on exploration in Mediterranean: minister. Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast on the Mediterranean, the petroleum minister said, the first such deals in that offshore region. The five companies are Royal […]

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Total

Video: Solar – The shiniest source of energy | Sustainable Energy (Total)

Posted: May 11, 2018 at 8:03 pm   /   Renewables

In this video of Sustainable Energy, we’re talking about a source of energy that is constant, free and everywhere and not only that but one that is clear as well. It does exist and it’s right above our head : the sun. Learn more about Total’s commitment to better energy. In this video : We’ll […]

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Eni confirms Calypso-1 gas discovery in Block 6 offshore Cyprus

Posted: February 9, 2018 at 9:08 pm   /   Oil & Gas

Eni announces a gas discovery Offshore Cyprus: Eni has made a lean gas discovery in Block 6 Offshore Cyprus with Calypso 1 NFW. The well, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age. The […]

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Eni, Total reportedly make large natural gas discovery offshore Cyprus

Posted: February 6, 2018 at 7:07 pm   /   Oil & Gas

Eni and Total have reportedly made what is believed to be a large gas discovery at their Calypso prospect in the Block 6, offshore Cyprus. News reports have cited Cypriot Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis on Friday said that there were ‘encouraging signs’ at the project, however he refused to give […]

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Total Egypt studies operating 220 fuel stations using solar power

Posted: January 9, 2018 at 4:08 pm   /   Oil & Gas

CES studies establishing 220 solar plants for Total Egypt. Plant capacities will range between 60-200 KW, feasibility study to be completed in 2020. Total Egypt commissioned Complete Energy Solutions, a specialised Engineering, Procurement, and Construction company, to conduct a feasibility study for the construction of 220 solar power plants with capacities of 60-200 kilowatts per […]

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Total to launch 9 new gas stations in Egypt next year

Posted: December 9, 2017 at 2:26 pm   /   Oil & Gas

Ian LePetit: Gas regulation law increases company’s investments in Egypt. Managing Director of Total Egypt Ian LePetit said that the French company aims to launch 9 new gas stations next year. According to Ian, the projects are planned to be launched in Cairo, Alexandria, and the Delta region as the company’s strategy for the coming […]

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Total acquires Engie’s 5% stake in Idku LNG train as part of larger deal

Posted: November 9, 2017 at 4:31 pm   /   Oil & Gas

Total has acquired Engie’s 5% stake in the first train of the Idku LNG project in Egypt as part of a larger transaction worth up to USD 2 billion that also includes other assets in the United States, Africa and Europe, the company said in a statement overnight. The transaction, which should close by the […]

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Total, Eni, BP start exploration program in North El Hammad offshore Egypt

Posted: June 8, 2017 at 6:52 pm   /   Oil & Gas

Total, Eni’s Egyptian subsidiary IEOC, and BP have commenced a gas and oil exploration program in the North El Hammad block, located in the conventional offshore of the Mediterranean Sea. The program aims to explore more fields in the area in order to increase Egypt’s oil and natural gas domestic. Natural gas and oil exploration […]

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El Molla meets with Total executives to discuss exploration opportunities

Posted: June 1, 2017 at 8:18 pm   /   Oil & Gas

Oil Minister Tarek El Molla met with Total Egypt’s Managing Director Jean-Pascale Clémençon and the Vice President of Total’s Middle East and North Africa division Elias Kassis to discuss the company’s oil and gas exploration projects in the Mediterranean and the Delta area, Al Ahram reports. Kassis told El Molla that the company is committed […]

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