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Spotlight | South Africa
TotalEnergies CEO Patrick Pouyanné ups the bidding on offshore gas

TotalEnergies CEO Patrick Pouyanne near Paris, on 28 May 2021. © Christophe Archambault/AFP

Until now, South Africa's national oil company PetroSA was thought to be the only potential buyer of the gas that TotalEnergies should begin producing on its block 11B/12B from 2027. But a recent visit by the French major's CEO has changed all that. [...]

Published on 03/02/2023 at 06:00 GMT Reading time 3 minutes Clotilde Ravel

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Energy

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Adewale Fayemi
Africa Energy Corp
Arostyle Investments
Bertrand Bouvet
Canadian Natural Resources
Eskom
Main Street 1549 Proprietary
Patrick Pouyanne
PetroSA
Qatar Energy
TotalEnergies

Central African Republic
Total and state settle their financial scores

Total Centrafrique, the largest company in the country, had not been paying taxes. At the same time, the government had been racking up debt with the group bought by corporate banker Enguerrand Rochefort.

Subscribers only Energy 05.12.2023

South Africa
TotalEnergies calibrates block 5/6/7 drilling plans

TotalEnergies' path forward on its South African block 5/6/7 is becoming clearer. After securing the necessary environmental authorisations to begin drilling, it has chosen which rig it will drill with.

Subscribers only Energy 01.11.2023

Spotlight | South Africa
Offshore gas: TotalEnergies' project caught in South Africa government headwinds

French oil and gas major TotalEnergies is having to deal with a plethora of players as it tries to develop its 11B/12B gas block, with its various South African partners far from united on the issue.

Subscribers only Energy 12.09.2023

In Focus | South Africa
State-owned PetroSA in death throes as national energy crisis persists

PetroSA has been fighting for survival since its Mossel Bay refinery shut in 2020. Its crisis has deepened in recent months, with a lack of funds preventing urgent maintenance work on high-risk infrastructure. Company documents seen by Africa Intelligence paint a grim picture of an almost bankrupt firm hobbled by inept management and an allegedly cavalier chairman, Nkululeko Poya.

Subscribers only Energy, Politics 12.06.2023

PetroSA interim chairman Nkululeko Poya, Energy and Mineral Resources Minister Gwede Mantashe and President Cyril Ramaphosa.

South Africa
TotalEnergies puzzles over where to send gas from 11B/12B

French major TotalEnergies still does not know where to send the gas it will produce on block 11B/12B. One possibility is starting to emerge for the firm's main gas project in South Africa.

Subscribers only Energy 28.03.2023

South Africa
Ramaphosa regime hikes production royalty rates as oil law still pending

A hike in South Africa's minimum production royalty rate from 0.5% to 2% for oil and gas companies got a cold reception from the energy sector, which deems that other matters such as finally passing a new oil law should have taken priority.

Subscribers only Energy 28.02.2023

South Africa
Ramaphosa makes dubious fuel refining claims in state of nation address

In his recent annual speech, the South African leader expressed satisfaction over recent merger agreements which he said had allowed local production of refined products to increase, but this assertion does not seem to be borne out by the facts.

Subscribers only Energy 16.02.2023

South African President Cyril Ramaphosa delivers his 2023 state of the nation address in Cape Town, South Africa, on 9 February 2023.

South Africa
TotalEnergies and offshore majors keep a close eye on the political crisis

Cyril Ramaphosa faces possible impeachment proceedings after being accused in a parliamentary report. Behind the scenes, oil operators remain calm about the impact of the crisis on their activities.

Subscribers only Energy 12.12.2022

South Africa
TotalEnergies boss Patrick Pouyanné sorts out South African subsidiary

Annoyed by his company's lack of results on block 11B/12B in South Africa, the CEO of TotalEnergies made a trip to the country in person. The South African subsidiary now also has a new boss.

Subscribers only Energy 10.11.2022

South Africa
Time ticking on TotalEnergies' goal to achieve first gas on 11B/12B by 2027

The French major has no time to lose if it is to achieve its goal of starting production on the South African offshore block by 2026-2027. There are still the rights, final investment decision, pipeline connection and numerous other administrative and logistical tasks to work out.

Subscribers only Energy 05.09.2022

South Africa
Behind the scenes of Total's urgent talks with Pretoria over block 11B/12B gas prices

Encouraged to get cracking by the recent gas discoveries off the coast of South Africa, Total is trying to prompt fast action on sector regulations from Ramaphosa's government.

Subscribers only Energy 11.11.2020

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Adewale Fayemi
Africa Energy Corp
Arostyle Investments
Bertrand Bouvet
Canadian Natural Resources
Eskom
Main Street 1549 Proprietary
Patrick Pouyanne
PetroSA
Qatar Energy
TotalEnergies

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Spotlight | South Africa
TotalEnergies CEO Patrick Pouyanné ups the bidding on offshore gas

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Central African Republic
Total and state settle their financial scores

South Africa
TotalEnergies calibrates block 5/6/7 drilling plans

Spotlight | South Africa
Offshore gas: TotalEnergies' project caught in South Africa government headwinds

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South Africa
TotalEnergies puzzles over where to send gas from 11B/12B

South Africa
Ramaphosa regime hikes production royalty rates as oil law still pending

South Africa
Ramaphosa makes dubious fuel refining claims in state of nation address

South Africa
TotalEnergies and offshore majors keep a close eye on the political crisis

South Africa
TotalEnergies boss Patrick Pouyanné sorts out South African subsidiary

South Africa
Time ticking on TotalEnergies' goal to achieve first gas on 11B/12B by 2027

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Behind the scenes of Total's urgent talks with Pretoria over block 11B/12B gas prices

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Indigo Publications' websites

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Spotlight | South Africa TotalEnergies CEO Patrick Pouyanné ups the bidding on offshore gas

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Central African Republic Total and state settle their financial scores

South Africa TotalEnergies calibrates block 5/6/7 drilling plans

Spotlight | South Africa Offshore gas: TotalEnergies' project caught in South Africa government headwinds

In Focus | South Africa State-owned PetroSA in death throes as national energy crisis persists

South Africa TotalEnergies puzzles over where to send gas from 11B/12B

South Africa Ramaphosa regime hikes production royalty rates as oil law still pending

South Africa Ramaphosa makes dubious fuel refining claims in state of nation address

South Africa TotalEnergies and offshore majors keep a close eye on the political crisis

South Africa TotalEnergies boss Patrick Pouyanné sorts out South African subsidiary

South Africa Time ticking on TotalEnergies' goal to achieve first gas on 11B/12B by 2027

South Africa Behind the scenes of Total's urgent talks with Pretoria over block 11B/12B gas prices

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Spotlight | South Africa
TotalEnergies CEO Patrick Pouyanné ups the bidding on offshore gas

Central African Republic
Total and state settle their financial scores

South Africa
TotalEnergies calibrates block 5/6/7 drilling plans

Spotlight | South Africa
Offshore gas: TotalEnergies' project caught in South Africa government headwinds

In Focus | South Africa
State-owned PetroSA in death throes as national energy crisis persists

South Africa
TotalEnergies puzzles over where to send gas from 11B/12B

South Africa
Ramaphosa regime hikes production royalty rates as oil law still pending

South Africa
Ramaphosa makes dubious fuel refining claims in state of nation address

South Africa
TotalEnergies and offshore majors keep a close eye on the political crisis

South Africa
TotalEnergies boss Patrick Pouyanné sorts out South African subsidiary

South Africa
Time ticking on TotalEnergies' goal to achieve first gas on 11B/12B by 2027

South Africa
Behind the scenes of Total's urgent talks with Pretoria over block 11B/12B gas prices