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Tag: Total
Total Solar

Total and Google develop Solar Mapper tool to estimate energy potential of houses’ roofs

Posted: October 13, 2020 at 7:28 pm   /   Renewables

Total and Google Cloud have pooled their expertise to jointly develop an innovative tool, Solar Mapper, which aims to accelerate the deployment of solar panels for individuals (B2C) by providing an accurate and rapid estimate of the solar energy potential of their homes, first in Europe and then worldwide. Solar Mapper uses brand-new artificial intelligence […]

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Idku LNG

Shell, Total to export 30 LNG shipments from Egypt’s Idku in 2021

Posted: October 7, 2020 at 7:22 pm   /   Oil & Gas

Shell and Total will export 30 shipments of natural gas from the Idku liquefaction plant in 2021, Youm7 reports, citing Oil Ministry sources. Each shipment will average 150k cbm, potentially bringing the total exported by the two companies to 4.5 mn cbm. Egypt’s natural gas exports more than doubled to 4.5 bn cbm in 2019 […]

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Storage Terminal

Total Egypt, Ola Energy to construct Alexandria petroleum storage facility

Posted: September 8, 2020 at 1:15 pm   /   Oil & Gas

Total Egypt, OLA to partner in Alexandria Petroleum Products Terminal construction Total Egypt and OLA Energy Egypt have signed a joint venture agreement to jointly own, build, and operate a new petroleum products terminal in Alexandria. The Alexandria Petroleum Products Terminal (APPT) will be built at the Mex Petroleum Zone on a 23,000 square metre […]

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Total

B Investments to sell 20% of its stake in Total Egypt’s downstream business

Posted: August 5, 2020 at 2:15 pm   /   Oil & Gas

B Investments is in talks to offload a fifth of its holdings in Total Egypt’s downstream operations: B Investments has entered talks with Total Egypt to sell 20% of its holdings in the company, it announced in a statement to the EGX. The private equity outfit currently holds a 7.97% stake in the energy giant’s […]

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MEES West Med

MEES: Egypt bags all five Supermajors with key West Mediterranean awards

Posted: July 11, 2020 at 11:32 pm   /   Oil & Gas

Full House: Latest Awards Mean All Five Supermajors Have Signed Up For Egypt’s Virgin West Med Acreage Global exploration pullback? Not in Egypt with Chevron, Shell, Total and BP joining Exxon in bagging key frontier West Mediterranean acreage. Cairo moved closer this week to officially announcing the award of at least six offshore blocks located […]

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egypt-parliament

Egypt’s House of Representatives approves 12 Oil & Gas E&P Agreements

Posted: July 7, 2020 at 8:11 pm   /   Oil & Gas

The Egyptian oil minister, Tarek el Molla, has announced the signing of 12 agreements with international companies for the search for oil and gas in the Red Sea, in the Western Desert and in the exclusive economic zone (EEZ) in the eastern and western Mediterranean with investments up to to a billion dollars and signing […]

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Eni Bashrush

Eni makes new gas discovery in Mediterranean Sea offshore Egypt

Posted: July 1, 2020 at 2:54 pm   /   Oil & Gas

Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs discovered and produced from the so-called “Great Nooros Area”. Eni (as […]

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Cabinet

Egypt’s Cabinet ratifies 12 oil & gas agreements worth over $1 billion

Posted: June 22, 2020 at 1:03 pm   /   Oil & Gas

Cabinet has ratified twelve oil and gas agreements the Oil Ministry signed with international companies in February, the ministry said in a statement. Companies including Royal Dutch Shell, Chevron, BP, Total, Noble Energy will invest upwards of USD 1 bn in concession areas in the Mediterranean, the Red Sea, and the Western Desert. The House […]

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Siemens LNG

Siemens, Total partner to advance low-emissions LNG production

Posted: June 14, 2020 at 12:35 pm   /   Oil & Gas

Siemens Gas and Power has entered into an agreement with Total, a broad energy group, to advance new concepts for green liquified natural gas (LNG) production. As part of the contract, Siemens Gas and Power is conducting studies to explore a variety of possible liquefaction and power generation plant designs, with the ultimate goal of […]

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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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