Tag: Total Gas and Energies
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Chevron moves deeper
Chevron has made a technological breakthrough by producing first oil from a Gulf of Mexico field under extreme underwater pressure. The $5.7 billion Anchor project opens an era of production in deepwater areas, which have long remained inaccessible due to the lack of equipment capable of withstanding pressures of up to 20,000 psi. Chevron and…
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The French energy group TotalEnergies announced its withdrawal from projects to develop natural gas fields
The French energy group TotalEnergies announced its withdrawal from projects to develop natural gas fields on the southern shelf of the Republic of South Africa. “TotalEnergies […] made two gas discoveries – Brulpadda and Luiperd – which, however, could not be developed into commercial development as the economic development and monetization of these gas discoveries…
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Feature: Conex Oil Liberia; Recent Developments
Conex Oil Liberia is a relatively new player in the Liberian oil market, having acquired the assets of Total Liberia in 2020. While there might not be a wealth of recent news specifically about Conex Oil Liberia, there are some key developments worth noting: Key Points:Acquisition of Total Liberia: This was a significant move that…
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TOTALENERGIES TO EXIT GAS FIELD OFFSHORE SOUTH AFRICA IN BLOW TO COUNTRY
TotalEnergies, a major French oil company, has notified South Africa’s petroleum regulator that it plans to exit the 11B/12B offshore gas field, indicating a major setback for the country’s energy industry. Although no formal request has been made yet, a Petroleum Agency SA source has verified the company’s intentions. TotalEnergies found the initial of two…
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Namibia oil discovery outlook
🇳🇦🛢 Namibia and South Africa are two of the world’s most unequal societies in terms of income and wealth distribution, with Gini index scores of 59.1 and 63, respectively. Together with Zambia, they are three members of the Southern Africa Development Community (SADC) among the four most unequal countries globally. ▪️The recent oil discovery in…
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