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Share Name | Share Symbol | Market | Type |
---|---|---|---|
TotalEnergies SE | EU:TTE | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.49 | 0.74% | 66.95 | 66.90 | 67.10 | 67.36 | 66.55 | 66.61 | 3,520,169 | 16:40:00 |
By Giulia Petroni
TotalEnergies will carry out development studies for an oil project representing an investment of around $9 billion in Block 58 off the coast of Suriname.
The French oil-and-gas major said Wednesday that detailed engineering studies will start by year end. A final investment decision is expected by the end of 2024, with a first production target in 2028.
The company operates the block with a 50% interest, while U.S. oil producer APA holds the remaining 50%.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
September 13, 2023 12:33 ET (16:33 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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