Total in talks with Engie
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
The CEO of Total SA, Patrick Pouyanne, has confirmed that the company is in talks to buy Engie’s LNG assets.
In a Bloomberg TV interview, Mr Pouyanne said: “Total is a big player in LNG […] I can confirm we’ve discussed with Engie, like other companies, and we’ll see if we can find an agreement. If not, we have other ideas, other opportunities, to develop the LNG business.”
The revelation follows Engie’s recent confirmation that it has launched a strategic review of its upstream and midstream LNG activities. The company’s downstream LNG activities, such as regasification and LNG ex-terminal sales, will not form part of the review.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/25102017/total-in-talks-with-engie/
You might also like
The Hydrocarbon Engineering Podcast - Overcoming downstream challenges with new technology
In this episode of the Hydrocarbon Engineering Podcast, Omar Sayeed, Centre of Excellence Leader for Reliability, and Rahul Negi, Director of AI and Industrial Autonomous, Honeywell Process Solutions, consider how new, innovative technology can help to overcome some of the challenges facing the downstream oil and gas sector.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
