Skip to main content
  1. Home
  2. Offshore & subsea
  3. 10 Feb 22
  4. TotalEnergies withdraws from North Platte project

TotalEnergies withdraws from North Platte project

Published by , Editor
Oilfield Technology,

TotalEnergies, through its affiliate TotalEnergies E&P USA, Inc., has decided to withdraw from the North Platte deepwater project in the US Gulf of Mexico.

TotalEnergies withdraws from North Platte project

The company has said it has better opportunities of allocation of its capital within its global portfolio.

TotalEnergies, which held a 60% operated interest in North Platte, has notified Equinor (40%) 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.

Map courtesy of Equinor

Read the latest issue of Oilfield Technology in full for free: Issue 4 2021

The issue starts with a report from Rystad Energy focusing on the outlook for the upstream industry in the Middle East. The rest of the issue is dedicated to features covering production optimisation, drill bits, pipeline integrity, health and safety, and more.

Exclusive contributions come from Varel Energy Solutions, Rystad Energy, Gyrodata, 3X Engineering, Tracerco, Ulterra Drilling Technologies and more.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/10022022/totalenergies-withdraws-from-north-platte-project/

You might also like

HEYCO Energy Group acquires Egdon Resources

This acquisition adds to HEYCO’s expanding European portfolio, following the purchase of a gas field in Northern Spain and the establishment of a Madrid office in 2022.

 
 

Embed article link: (copy the HTML code below):