Tullow Sells Uganda Assets to Total for $900m

• Monday, 20th March 2017
• by

UK’s Tullow Oil plc announced that it agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for a total consideration of $900m, Eu...

Total Eyes 50% Stake in Iran’s South Pars 11

• Sunday, 19th March 2017
• by Editorial Team

France’s energy giant Total is soliciting permission from US authorities to implement a slew of projects worth several billion dollars in Iran. The biggest of all is Iran’s plan to develop phase 11 of the giant South ...

Production Starts in Congo’s Moho Nord Offshore Field

• Thursday, 16th March 2017
• by

Total commenced production from the Moho Nord deep offshore project, located 75 km offshore Pointe-Noire in the Republic of the Congo, The project has production capacity of 100,000 b/d, World Oil reported. The Moho N...

Uganda Likely to Produce First Oil by 2020

• Thursday, 23rd February 2017
• by Editorial Team

Uganda has come closer to materializing its plan to produce first oil by 2020. Partners in Uganda’s oil and gas are closer to making a final investment decision (FID) following the announcement that three companies wi...

Iran, Total to Finalize $2b Gas Contract

• Thursday, 23rd February 2017
• by Editorial Team

Iran and French energy giant Total will finalize a $2b gas contract in April, Iranian Oil Minister, Bijan Namdar Zanganeh, stated, according to Real Iran. According to Zanganeh, National Iranian Oil Company and Total ...

El Molla in Talks with Foreign IOCs Delegations

• Sunday, 19th February 2017
• by Dr. Mahinaz El-Baz

Egyptian Minister of Petroleum, Tarek El Molla, met with delegations from several international oil companies, including US-based Halliburton, French Total and the French Institute of Petroleum, to discuss expanding t...

ExxonMobil, South Sudan in Talks over Oil Deposit

• Sunday, 12th February 2017
• by Editorial Team

The US-based ExxonMobil Corporation is in secret talks with Juba to buy a stake in South Sudan’s vast untapped oil deposit, a senior-level government source familiar with the negotiations told the South Sudan News Age...

Total to Approve New Global Investments

• Friday, 10th February 2017
• by Sarah Samir

French Total intends to make final investment decision on 10 oil and gas production projects in the next 18 months in various countries that include Nigeria, Angola, Azerbaijan, and Argentina, reported Daily Trust. Th...

Total Mulls $2b Investment in Iranian Gas Fields

• Thursday, 9th February 2017
• by Editorial Team

French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers, Reuters reported. The French firm was ...

Actemium Awarded Maintenance Contract Offshore Angola

• Wednesday, 8th February 2017
• by Sarah Samir

Total Angola has awarded an offshore multidisciplinary maintenance contract to Actemium Angola and Actemium Oil and Gas Maintenance, reported Oil Review Africa. The agreement stated that Actemium will continue the off...