12/24 Closing Prices / revised 12/25/2024 10:12 GMT | 12/19 OPEC Basket  $72.88 –$0.45 cents 12/24 Mexico Basket (MME) $65.30 +$0.1879cents   11/30 Venezuela Basketc (Merey)  $59.58   +$1.28 cents  12/24 NYMEX Light Sweet Crude  $70.10 +$0.86 cents | 12/24 ICE Brent $73.50 +$0.95 cents 12/24 Gasoline RBOB NYC Harbor $1.959 +1.1% | 12/24 Heating oil NY Harbor  $2.222 +0.0054 +0.2 %  | 12/24 NYMEX Natural Gas $3.946 +7.9 % | 12/20 Active U.S. Rig Count (Oil & Gas) 589 = 0| 12/25 USD/MXN Mexican Peso  $20.1504 (data live) 12/25 EUR/USD Dollar  $1.0397 (data live) | 12/26 US/Bs. (Bolivar)  $51.64000000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

U.S. — Gulf of Mexico: TotalEnergies Withdraws from the North Platte Deep Water Project

(Map by Equinor)

WSJ

HOUSTON
EnergiesNet.com 02 10 2022

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), through its affiliate TotalEnergies E&P USA, Inc., announces its decision not to sanction and so to withdraw from the North Platte deepwater project in the U.S. Gulf of Mexico.

The decision not to continue with the project was taken as the Company has better opportunities of allocation of its capital within its global portfolio.

TotalEnergies who held a 60% operated interest in North Platte, alongside its joint-interest owner Equinor (40%) has duly notified its partner and the relevant authorities of its immediate withdrawal from the project, and of its resignation as operator which will be effective following a short transition period to ensure an orderly hand-over of operatorship.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

wsj 02 10 2022

Share this news


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia

 

Energy - Environment

No posts found!

Point of View

EIA Total Energy Review
This Week in Petroleum