Totalenergies Share Discussion Threads

[waldron] 06/1/2022 09:36

TOTALENERGIES : Receives a Buy rating from RBC
01/06/2022 | 08:21am GMT


Biraj Borkhataria from RBC retains his positive opinion on the stock with a Buy rating. The target price is still set at EUR 52.

[waldron] 05/1/2022 12:26

Calendar(1) for the interim dividends and the final dividend for 2021:

Rate Ex-dividend date Payment date



1st interim dividend 0.66 €/share September 21, 2021 October 1, 2021
2nd interim dividend 0.66 €/share January 3, 2022 January 13, 2022
3rd interim dividend 0.66 €/share March 22, 2022 April 1, 2022

Final dividend June 21, 2022

(1) Subject to decisions by the Board of Directors and shareholders at the Annual General Meeting to approve the financial statements and the final dividend. These ex-dividend and payment dates relate to the TotalEnergies shares traded on the NYSE Euronext Paris.

[ariane] 04/1/2022 18:29

upstream

TotalEnergies spuds Marolo-1 pre-salt well in Brazil’s Campos basin

Prospect is the first of two exploration wells to be drilled in the ultra-deep waters of Block C-M-541

4 January 2022 16:32 GMT Updated 4 January 2022 16:39 GMT

By Fabio Palmigiani
in Rio de Janeiro

[waldron] 31/12/2021 14:22

WISHFUL THINKING PERHAPS FOR THE LONG LONG TERM TARGET

Should be fun to chalk it up BOX BY BOX

THE TotalEnergies WISH LIST BOXES togetherwith Broker targets thrown in for good measure to make you laugh,chuckle,smile and or smirk


40 to 42 euros

42 to 44 euros $$$ UBS target 42 euros

44 to 46 euros $$$ WE ARE HERE $$$$

46 to 48 euros $$$ HSBC ups target to 47.40 euros

48 to 50 euros $$$ Deutsche Bank targetting 48.30 euros

50 to 52 euros $$$ Berenberg targets 50 euros with Morgan Stanley targeting 50.30 euros and ODDO at 51.50 euros

52 to 54 euros $$$ RBC targets 52 euros and JP Morgan targeting 52 euros with Jefferies target 53 euros

54 to 56 euros $$$ Barclays targets 55 euros

56 to 58 euros

58 to 60 euros $$$ Goldman Sachs targets 60 euros










January/03 2022
Ex-Dividend date for the 2nd 2021 interim Dividend


February/10 2022
2021 Results & Outlook Presentation


March/22 2022
Ex-Dividend date for the 3rd 2021 interim Dividend

June/22 2022
Ex-Dividend date for the 2021 Final Dividend



HISTORIC SHARE PRICES

December 2019 ends at 49.20 euros

December 2020 ends at 35.30 euros

December 2021 ends at 44.63 euros

[ariane] 23/12/2021 13:11

TotalEnergies’ Angola FPSO race close to conclusion

Bids submitted for deep-water 100,000-bpd Cameia-Golfinho project

23 December 2021 11:16 GMT Updated 23 December 2021 11:25 GMT

By Iain Esau
and Xu Yihe

Upstream

The hunt for a floating production, storage and offloading vessel for TotalEnergies’ Cameia-Golfinho project in Angola is nearing the finish line.


Upstream understands that three contactor groups vying to provide the supermajor with a converted FPSO

[waldron] 21/12/2021 06:02

Kistos confirms participation in bidding for Total West of Shetland assets

Mon, 20th Dec 2021 11:59
ShareCast

(Sharecast News) - Low-carbon focussed energy producer Kistos confirmed in response to press speculation on Monday that it was participating in a process being run by Total to sell
interests in certain of Total's West of Shetland gas assets.
The AIM-traded firm said its participation in the process was in keeping with its stated strategy of growth through acquisition.

It said it was one of a number of opportunities that had been "actively considered" over the last six months.

"If Kistos becomes the preferred bidder in the process currently being run by Total, it is expected that any acquisition would be funded using the company's existing resources," the board said in its statement.

"Shareholders are advised that there can be no certainty that Kistos' participation in this process will lead to a definitive transaction.

"If appropriate, the company will provide a further update to shareholders."

At 1138 GMT, shares in Kistos were up 0.3% at 396.2p.

[ariane] 20/12/2021 10:48

TotalEnergies Expands In Key Growth Area With Double Win In Brazil
by Bojan Lepic
|
Rigzone Staff
|
Monday, December 20, 2021


TotalEnergies has further expanded its presence in Brazil, a ‘key growth area’ for the French energy major, by winning stakes in two pre-salt oil fields.

Total Energies was awarded stakes in the Atapu and Sépia pre-salt oil fields offered by Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) in the Transfer of Rights Surplus Bidding Round.

The French firm won a 22.5 percent interest in Atapu alongside Shell – its partner in the field – which will hold 25 percent, and operator Petrobras with a 52.5 percent stake.

The Atapu field is a pre-salt oil field in the Santos Basin, located in water depths of about 6,500 feet. Production started in 2020 and has reached a plateau of 160,000 barrels per day with a first floating, production, storage, and offloading vessel (FPSO).

A second FPSO is planned to be sanctioned, which would increase the overall oil production of the field to around 350,000 barrels per day.

The other win for total is the Sépia field, also located in the Santos Basin. There, TotalEnergies now holds a 28 percent interest. The two partners, apart from operator Petrobras with its 30 percent stake, are QatarEnergy with 21 percent, and Petronas with 21 percent.

Production started in 2021 and is targeting a plateau of 180,000 barrels per day with a first floating, production, storage, and offloading unit (FPSO). A second FPSO is planned to be sanctioned, which would increase the overall oil production of the field to around 350,000 barrels per day.

“With the successful bids on Atapu and Sépia, TotalEnergies further expands its footprint and production in the pre-salt Santos Basin, a key growth area for the company. These are unique opportunities to access giant low-cost and low emissions oil reserves, in line with TotalEnergies' new strategy,” said Patrick Pouyanne, Chairman and CEO of TotalEnergies.

“These assets benefit from world-leading well productivities to keep costs well below 20 $/boe. They also leverage technological innovations to limit greenhouse gas emissions to well below 20 kg/boe. Growing our presence in Brazil will enable us to accelerate the restructuring of our oil portfolio towards low-cost and low emissions hydrocarbon resources that will contribute to transforming TotalEnergies to a sustainable multi-energy company,” he added.

“Moreover, TotalEnergies, through its subsidiary Total Eren, pursues its growth in renewables in Brazil with already a capacity of 300 MW,” Pouyanne concluded.

With these two wins, TotalEnergies production in Brazil will increase from the effective date of the PSC planned by end of April 2022, with 30,000 boe/d in 2022 growing to 50,000 boe/d from 2023.

It is worth noting that Atapu and Sepia are part of an area estimated to hold as much as 15 billion barrels of recoverable crude and are located in an area that already produces oil. Petrobras is producing from a block bordering Sepia while Total, Galp, and Shell are partnering with the Brazilian giant in a block bordering Atapu.

To contact the author, email [e-mail]

[gibbs1] 18/12/2021 08:31

TotalEnergies SE on Friday said it has won production sharing contracts of Brazil's Atapu and Sepia pre-salt oil fields located in the Santos Basin along with its co-ventures.

The French oil-and-gas major said the fields will increase its production in the country from the effective date of the contracts planned by end of April 2022, with 30,000 barrels of oil equivalent a day next year to 50,000 boe/d from 2023.

TotalEnergies has a 22.5% interest in Atapu, alongside Brazil's state-controlled oil company Petrobras, which operates the field, and Royal Dutch Shell PLC. In Sepia, the company has a 28% interest, alongside operator Petrobras, QatarEnergy and Petronas.

The rights were awarded by Brazil's National Agency of Petroleum, Natural Gas and Biofuels.



Write to Giulia Petroni at [e-mail]



(END) Dow Jones Newswires

December 17, 2021 12:06 ET (17:06 GMT)

[gibbs1] 18/12/2021 08:21

TotalEnergies acquires stakes in Atapu, Sépia offshore Brazil
Dec. 17, 2021
TotalEnergies and its co-venturers have won the Atapu and Sépia production sharing contracts offered under Brazil’s second Transfer of Rights Surplus Bidding Round.

(Courtesy TotalEnergies)
Totalenergies Brazil

Offshore staff

PARIS – TotalEnergies and its co-venturers have won the Atapu and Sépia production sharing contracts (PSC) offered under Brazil’s Second Transfer of Rights Surplus Bidding Round.

TotalEnergies, with a 22.5% interest, alongside operator Petrobras (52.5%) and Shell (25%) are partners in the Atapu PSC.

Atapu is a presalt oil field in the Santos basin, in water depths of about 2,000 m (6,562 ft). Production started in 2020 and has reached a plateau of 160,000 b/d with the FPSO P-70. According to TotalEnergies, a second FPSO is planned to be sanctioned, which would increase the overall oil production to around 350,000 b/d.

TotalEnergies, with a 28% interest, alongside operator Petrobras (30%), QatarEnergy (21%) and Petronas (21%) are partners in the Sépia PSC.

Sépia is in the Santos basin, in water depths of about 2,000 m. Production started in 2021 and is targeting a plateau of 180,000 b/d with the FPSO Carioca. A second FPSO is planned to be sanctioned, which would increase the overall oil production to around 350,000 b/d.

According to TotalEnergies, these fields will increase its production in Brazil from the effective date of the PSC planned by end of April 2022, with 30,000 boe/d in 2022 growing to 50,000 boe/d from 2023.

Patrick Pouyanné, chairman and CEO of TotalEnergies, said: “These are unique opportunities to access giant low-cost and low emissions oil reserves, in line with TotalEnergies’ new strategy. These assets benefit from world-leading well productivities to keep costs well below $20/boe. They also leverage technological innovations to limit greenhouse gas emissions to well below 20 kg/boe.”

12/17/2021

[waldron] 16/12/2021 16:53

Real-time Euronext Paris - 12/16 04:39:43 pm

44.675 EUR +3.21%

NOT TODAY

[waldron] 16/12/2021 16:14

[France] TOTALENERGIES SE (TTE)
Real-time Quote. Real-time Euronext Paris - 12/16 11:12:51 am


44.715 EUR +3.30%


NEARING THE 44.86 EUROS RESISTENCE

CAN IT, WILL IT BREAK THRU

[waldron] 15/12/2021 16:39

offshore energy.biz

Home Clean fuel TotalEnergies: LNG bunker market could reach 10 MTPA by 2025
TotalEnergies: LNG bunker market could reach 10 MTPA by 2025

Outlook & strategy

December 15, 2021, by Sanja Pekic

The LNG bunker market could reach ten million tonnes a year by 2025, TotalEnergies Marine Fuels forecasts in its new white paper on marine transport energy transition.


The new white paper is called ‘The Drive for Cleaner Marine Fuels‘. It offers shipping operators insights to navigate their vessel fleet’s energy transition in the short to long-term.

This 44-page white paper looks at the key drivers shaping the move to shipping decarbonisation.

Jérôme Leprince-Ringuet from TotalEnergies said: “We hope to help develop a greater understanding of the key areas and considerations ship owners and operators will need to address, as they move towards tomorrow’s marine fuels landscape.”

The French energy major sees shipping’s transition to LNG as fuel evident in the continued rise of LNG-fuelled ship orders. Currently, there are approximately 230 LNG-fuelled vessels operating. LNG-fuelled vessels represent more than 30 per cent of the total gross tonnage on order. This is according to Clarksons’ October 2021 data.

TotalEnergies forecasts the LNG bunker market could reach ten million tonnes a year by 2025 and represent 10 per cent of the bunkering market by 2030.

Several leading ports and LNG bunker suppliers have established key initiatives and made significant progress to support these developments. As of the end of December 2020, Clarksons recorded 124 ports with LNG bunkering facilities, up from 114 at the start of the year. It also forecasts this will increase to 170 by 2022.

In addition, it projects that the LNG bunkering fleet will double in size in the next two years.

Today, the report says there are 26 LNG bunker vessels in operation globally and the fleet will grow to 43 units. This will offer an aggregated capacity of between seven and eight million tonnes per year by early 2024.



Biomethane to further reduce GHG in shipping

As the next step in its evolution, the paper sees that biomethane, together with LNG, can provide a viable pathway to achieve shipping’s decarbonisation goal. This would also rely on the existing bunker vessels and infrastructure.

In 2020, biomethane production reached about 50 terawatt-hours globally through supply from 1,100 operating plants. This production potential could grow to reach a capacity of 8,500 terawatt-hours.

In addition, another study by research and consultancy organization CE Delft concluded that bioLNG (liquefied biomethane) is a scalable solution for the maritime sector. It also showed that bioLNG will likely be commercially competitive relative to other low- and zero-carbon fuels.

Furthermore, the expanding LNG-fueled fleet could use bioLNG without needing to undertake any modifications. So, the existing supply infrastructure will still be fit for bunkering purposes with either fuel when bioLNG becomes scaled up.

TotalEnergies said it started to contribute to the commercial availability of marine bioLNG. Through its first chartered LNG bunker vessel Gas Agility, it refueled the CMA CGM Jacques Saadé containership. Thus, it demonstrated the capability in supplying bioLNG in the bunker mix with the introduction of biomethane for approximately 13 per cent of the LNG delivered.

[waldron] 15/12/2021 16:19

The European Commission has approved the creation of a joint venture by Three Gorges Corporation (3G), based in China, and TotalEnergie.

The joint venture will invest in a small electric vehicle charging network, which it will build and operate, and partner with third-party charging platform services in China.

3G operates primarily in the development, construction and operation of hydropower and other renewable energy projects, such as wind, solar and water use.

The Commission concluded that the proposed transaction would not raise competition concerns given its limited impact on the market structure.

[ariane] 15/12/2021 07:28

In his latest research note, analyst Giacomo Romeo confirms his positive recommendation. The broker Jefferies is keeping its Buy rating. The target price is reviewed upwards from EUR 47 to EUR 53.

[ariane] 15/12/2021 07:26

Analyst Biraj Borkhataria from RBC research considers the stock attractive and recommends it with a Buy rating. The target price has been revised downwards and is now set at EUR 52 as compared to EUR 54 previously.

[grupo guitarlumber] 06/12/2021 11:01

TotalEnergies begins production from CLOV phase 2 project in Angola

Oil & GasUpstreamDeepwater

By NS Energy Staff Writer 06 Dec 2021

The subsea tie-back project is anticipated to reach a daily production of 40,000 barrels of oil equivalent in mid-2022


TotalEnergies and Angolan National Oil, Gas and Biofuels Agency (ANPG) have announced the start of production from the CLOV phase 2 project in Block 17, offshore Angola.

CLOV phase 2 is connected to the existing CLOV floating production, storage and offloading unit (FPSO). The project involved the drilling of seven wells.

ANPG acting president Belarmino Chitangueleca said: “CLOV Phase 2 start-up comes at the right time to sustain the national oil production. We value the performance of the operator and the contractor group to keep executing projects despite this crisis period.”

The subsea tie-back project is expected to achieve a daily production of 40,000 barrels of oil equivalent in mid-2022, said TotalEnergies.

The CLOV phase 2 project is located nearly 140km off the coast of Angola.

Contained in water depths in the range of 1,100m and 1,400m, the project is estimated to have nearly 55 million barrels of oil equivalent in place.

TotalEnergies, which had initiated the tie-back project in 2018, said that it was executed within budget and as per the scheduled timelines, in spite of the problems resulting from the Covid-19 pandemic.

TotalEnergies Africa exploration and production senior vice-president Henri-Max Ndong-Nzue said: “The start of the production of CLOV Phase 2, a few months after Zinia Phase 2, demonstrates our continuous efforts to ensure a sustainable output on Block 17.

“This project fits within the company’s strategy to focus its upstream investments on low-cost projects which contribute to lower the average GHG emissions intensity of its production.

“CLOV Phase 2 start-up also highlights the performance of our teams despite the health crisis.”

TotalEnergies is the operator of Block 17 with a stake of 38%. Its partners include Equinor (22.16%), ExxonMobil (19%), BP Exploration Angola (15.84%) and Sonangol P&P (5%).

The contractor group has four FPSOs operating in the main production areas of the Angolan block, which include Girassol, Dalia, Pazflor, and CLOV.

The four major hubs in the block were gradually brought into production between 2001 and 2014.