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TotalEnergies: develops oil field in US
(CercleFinance.com) - TotalEnergies announces the approval of the development of the Ballymore oil field, located in the Gulf of Mexico, offshore Louisiana.
TotalEnergies holds a 40% interest in the field while Chevron USA Inc, a subsidiary of Chevron Corporation, holds the lion's share of 60%, as operator. Production is scheduled to begin in 2025 with a capacity of 75,000 barrels of oil per day. The company says that by using existing infrastructure, the project will have low development costs and low greenhouse gas emission intensity. Copyright (c) 2022 CercleFinance.com. All rights reserved. |
19/04/2024 18:06
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