Tag: Total

Total, Siemens Energy to study sustainable solutions for CO2 emissions reduction

Frank

AFRICA – Total, an oil and gas company, and Siemens Energy, an energy technology company, have signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation. “This collaboration with Siemens Energy, a major player in the energy technology sector, brings many opportunities to further reduce the carbon footprint of our activities, especially in our strategic LNG business,” said Arnaud Breuillac, President Exploration & Production at Total. “The development of low-carbon LNG will contribute to…

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Tanzania and Uganda finally sign the long-awaited US$15b oil pipeline deal

Frank

UGANDA – The governments of Uganda and Tanzania have joined oil companies Total of France and CNOOC of China in signing a series of accords that pave the way for the construction of a pipeline to carry crude from Uganda to Tanga port in Tanzania. The US$3.5 billion project led by Total and China National Offshore Oil Corporation (CNOOC) provides for the management of oilfields in the Lake Albert region in Uganda’s west and proposes pumping the crude to the coast across Tanzania via the East African Crude Oil Pipeline…

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Mozambique and Total agree on resumption of LNG work after security beef up

Frank

MOZAMBIQUE – The government of Mozambique and French oil and gas company Total, have announced that construction work will soon resume on natural gas liquefaction plants on the Afungi Peninsula, in the northern province of Cabo Delgado, thanks to additional security measures now being taken in that area. Work on the “Mozambique LNG” project, run by a consortium headed by Total, was interrupted at the end of December 2020, due to security threats in the immediate vicinity. The worst incident was a clash between the police and terrorist infiltrators on…

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Total and Greentech partner Sonangol for the construction of the Quilemba Solar Power Station in Angola

Frank

ANGOLA – Sonangol Group, a parastatal that oversees petroleum and natural gas production in Angola, through its Business Unit Gas and Renewable Energy, has signed the Head of Terms agreement with Total Eren and Greentech for the construction of the Central Energy Photovoltaics “Quilemba Solar”.  The plant will be built in the Lubango region, to supply around 30 MW to the national electricity grid, thus reinforcing energy production in Angola.  This significant milestone, which precedes other stages for the development of the project, represents yet another step by Sonangol and…

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Total Kenya to cut carbon emissions with new lubricant packaging

Frank

KENYA – Total Kenya, a leading supplier of petroleum and gas products in the East African region, has embarked on a lubricant packaging design that will see the oil marketer significantly reduce its carbon footprint. The oil distributor says the new design development will contribute to Total Lubricant’s ambition to become a responsible energy major. “A reduction in the weight of packaging will prevent the emission of 9,500 tons of CO2 equivalent each year resulting to raw materials savings,” said Olagoke Aluko, Managing Director, Total Kenya PLC. “A reduction in the weight…

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ExxonMobil postpones final investment decision on Rovuma LNG project once again

Frank

MOZAMBIQUE – American multinational oil and gas corporation Exxon has postponed for the third consecutive year the Final Investment Decision on the natural gas exploration project in Mozambique, putting the US$30 billion investment in doubt. According to Bloomberg news agency, which quotes the company’s Senior Vice President Neil Chapman, during a conversation with analysts, there is no forecast on when the investment decision will be made on the natural gas plant in the Rovuma basin, as the oil company needs to secure power supplies from the neighbouring plant operated by…

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Standard Bank hires an advisor to assess its involvement in the East Africa oil pipeline project

Frank

EAST AFRICA – Standard Bank of South Africa has hired an independent environmental and social advisor to help assess its involvement in Total’s East African Crude Oil Pipeline that environmental lobby groups have opposed, the lender has said. Approximately 263 civil society organisations from around the world, have urged the chief executives of 25 banks not to participate in loans to fund the construction of the US$3.5 billion East Africa Crude Oil Pipeline. They environmentalist have argued in an open letter that this pipeline would pose immense threats to local…

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Oil giant Total rebrands to Total Energies as it seeks expansion of its renewable energy presence

Frank

GLOBAL – French oil giant Total has announced that it would change its name to Total Energies as it seeks to expand its renewable energy presence and reduce the share of sales it derives from oil products over the next decade. This was disclosed by the President/Director-General of the company, Patrick Pouyannes via a video shared on its site. “The new identity/name voices the dynamic we have collectively and resolutely launched as well as the enthusiasm that inspired us to take this course. It is based on our values and…

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Total to acquire 20% stake in Adani Green Energy for US$2.5b

Frank

WORLD – Total France, a global energy major, will pick up a 20 per cent stake in Adani Green Energy Ltd (AGEL), the renewable power company of Adani Enterprises, by way of acquisition of shares held by the Adani Promoter Group (APG). This is the second partnership between TOTAL and an Adani group company. In 2018, TOTAL acquired a 37.4 per cent stake in Adani Gas Limited and a 50 per cent stake in Dhamra LNG project in which the JV entailed developing various regasification terminals including Dhamra LNG and a retail network of 1,500 service stations over a period of 10…

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Total to press on with Mozambique LNG project in spite of insurgency

Frank

MOZAMBIQUE – Total intends to continue its major gas project in Mozambique despite the armed insurgency that has plagued the country since 2017 as it trusts the authorities to ensure its safety, in return for a solid financial contribution. Armed insurgency has been targeting the central government in Maputo in the Cabo Delgado province, where most of the major gas discoveries have been made in recent years. The insurgency is led by al-Shabab, a group that pledged allegiance to the Islamic state in 2019 and who is increasing attacks in…

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