TotalEnergies Finalizes Plan for Azeri Absheron Field's Second Phase
TotalEnergies has finalized its plan for the second phase of the Absheron gas and condensate field development in Azerbaijan, projecting first gas production by September 2029. This expansion underscores the continued importance of the Caspian region as a gas supply source, particularly for Europe.
OilPrice · March 16, 2026
TotalEnergies reduces output by 15% amidst Middle East conflict
TotalEnergies is reducing its overall production by 15% due to halting or impending shutdowns in Qatar, Iraq, and the UAE. This reduction is likely linked to the ongoing conflict in the Middle East and its potential impact on regional stability and operations.
Offshore Technology · March 16, 2026