TotalEnergies Set to Sell 50% Stake in Surmont Oil sands Asset

• Sunday, 28th May 2023
• by Israa Ibrahim

ConocoPhillips is exercising its preemption right to purchase the 50% stake in the Surmont asset held by TotalEnergies EP Canada Ltd. for about $3 billion, giving it full ownership and elbowing away rival Suncor Energ...

Harbour Energy, bp to Develop Viking CCS Project

• Tuesday, 11th April 2023
• by Israa Ibrahim

Harbour Energy and bp signed an agreement to develop the Viking CCS transportation and storage project. Harbour will be the project’s operator of Viking CCS with a 60% working-interest, with bp acquiring a 40% n...

TotalEnergies EP Canada Acquires Additional Interest in Fort Hills

• Monday, 30th January 2023
• by Israa Ibrahim

TotalEnergies EP Canada Ltd. announced that it has used its preemption right to acquire an additional 6.65% interest in the Fort Hills Energy Limited Partnership from Teck Resources Limited, as well as related sales a...

Sterling Energy Reduces Offshore Mauritania Interests

• Sunday, 31st January 2016
• by Egypt Oil & Gas

UK’s Sterling Energy has submitted a notice of withdrawal to its joint venture partners from Block C-3, offshore Mauritania. According to a statement by the company the withdrawal decision was made after the 2D ...