TotalEnergies announces final investment decision for Absheron field
TotalEnergies said it has taken final investment decision for the Absheron full field development in Azerbaijan.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
3 results loaded, newest first. End of these results.
TotalEnergies said it has taken final investment decision for the Absheron full field development in Azerbaijan.
The project will raise Absheron gas production to 6 BCMA and condensate output to 47,000 barrels per day. Gas will be supplied to Azerbaijan’s domestic market and exported to Turkey.
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) (35%, operator), together with its partners SOCAR (35%) and XRG (30%), have taken the Final Investment Decision (FID) for the Full Field Development of the Absheron gas and condensate field.Located in the Caspian Sea, 100 km south-east of Baku, the Abs…