LatAmOil: TotalEnergies will not flare gas from Block 58

Patrick Pouyanné, the CEO of France’s TotalEnergies, has said that his company will not flare any of the associated gas contained within its oilfields offshore Suriname.

Speaking during the Energy Intelligence Forum earlier this month, Pouyanné noted that the oil-rich sections of Block 58, which TotalEnergies is developing in co-operation with US-based Apache, contained significant volumes of associated gas. The company will have to find a way to monetise this gas rather than burning it off and focusing solely on oil, he said.

He indicated that the French major had not yet decided how to handle future gas production but would consider arrangements similar to those made by neighbouring Guyana, which has struck a deal with US-based ExxonMobil on using associated gas from the Liza field for domestic electricity and petrochemical production. The issue is an important one, since TotalEnergies will have to make plans for the gas before taking a final investment decision (FID), he said.