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TotalEnergies awards EPC contract for Saudi project

French energy major TotalEnergies has awarded an EPC contract to Shandong Power Construction Co (SEPCO) for the Saudi WAD photovoltaic project. The WAD project is located in the central Province, approximately 600 km from Riyadh city. The scope of work is to build a new photovoltaic power station, a supporting step-up station and the expansion […]

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Iraq acquires stake in TotalEnergies’ $27 billion project

Iraq has agreed to a smaller 30% stake in TotalEnergies long-delayed $27 billion project, reviving a deal that Baghdad hopes could revive foreign investment into the battered economy, Reuters reported. The deal was signed in 2021 for TotalEnergies to build four oil, gas and renewables projects with an initial investment of $10 billion in southern […]

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Iraq, TotalEnergies to finalise $27 billion deal soon, says oil minister

French oil major TotalEnergies and Iraq will soon finalise a long-delayed $27 billion energy deal and talks “have reached advanced stages”, Reuters reported, citing Iraqi oil minister Hayan Abdel-Ghani. “We will activate the deal very soon,” Abdel-Ghani said at an energy event. The proposed deal, which Baghdad hopes will revive foreign investment in the country, […]

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TechnipFMC secures ‘significant’ contract from TotalEnergies in Angola

TechnipFMC has secured a ‘significant’ contract with TotalEnergies EP Angola for the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFEX) offshore Angola. The flexible pipes are set to extend the life of the Girassol field by bypassing the rigid pipe bundles installed before production began in 2001, TechnipFMC said in […]

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TotalEnergies wants offshore Lebanon work to begin ‘as soon as possible’

TotalEnergies is keen to begin work on Lebanon’s offshore Block 9 “as soon as possible”, with assessments to begin early next month and well-drilling to launch in Q3 2023, Reuters reported, citing the French major’s CEO Patrick Pouyanne. Pouyanne said a vessel would arrive in Lebanese waters on Feb. 6 to carry out an environmental […]

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Qatar to buy stake in TotalEnergies’ $27 billion projects

QatarEnergy is reportedly in talks to buy a stake from French multi-energy company TotalEnergies’ $27 billion cluster of energy projects in Iraq, Reuters reported, citing sources. “QatarEnergy is looking to acquire a stake of around 30% in the project, one source said,” Reuters noted. An investment from Qatar is expected to contribute an important victory […]

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Saipem confirms two offshore contracts worth $900 million

Italian EPC giant Saipem has been awarded two offshore contracts worth $900 million, the company announced on Friday. The first contract has been awarded by TotalEnergies, for the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field  in the Santos Basin offshore Brazil. The scope of work encompasses the Engineering, Procurement, Construction, and Installation […]

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