North Sea wind farm Amrumbank West officially put into operation

by Timothy Reeder | Feb 4, 2016 | News

E.ON remains committed to offshore wind and wants to cut the cost of power generation from renewables. E.ON’s offshore wind farm Amrumbank West has been officially put into operation. During an event at the harbor museum in Hamburg, E.ON CEO Johannes Teyssen,...

Total signs Heads of Agreement to supply LNG to ENN in China

by Timothy Reeder | Feb 4, 2016 | News

Total has signed a binding Heads of Agreement with ENN LNG Trading for the delivery of 0.5 million tonnes per year of liquefied natural gas (LNG) for a period of 10 years. The deliveries will be sourced from Total’s global LNG portfolio and are expected to begin in...

Statoil awarding contracts for Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog

by Timothy Reeder | Feb 3, 2016 | News

The contracts awarded on behalf of the licence partners include marine operations, marine construction, engineering, procurement and construction (EPC) of an unmanned wellhead platform as well as modifications at the Oseberg Field Centre. The contracts have a combined...

Total Energy Ventures Invests in Two Distributed Solar Energy Start-Ups

by Timothy Reeder | Feb 2, 2016 | News

Total Energy Ventures (TEV), the venture capital fund of French energy company Total that invests in start-ups, acquired an interest in Off Grid Electric and Powerhive. Both companies offer solar solutions for use in rural areas that are off-grid or have limited...

Total signs long-term agreements to supply LNG to state-owned Indonesian company Pertamina

by Timothy Reeder | Feb 2, 2016 | News

Total has signed long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned Indonesian company Pertamina for the supply of LNG volumes increasing from 0.4 to 1 million tonnes per year over a period of 15 years beginning 2020. “These agreements...

BP realigns senior executive team

by Timothy Reeder | Feb 1, 2016 | News

BP today announced the appointment of Lamar McKay to the new position of Deputy Group Chief Executive. McKay, currently chief executive of BP’s Upstream segment and a 35-year veteran of BP, will be based in London and take up the role following a suitable handover...