The following information is cribbed (with permission) from a FACTBOX produced by S&P Global Platts. Petroleum companies in the Gulf, especially around Houston, are are responding to likely shutdowns or possible damage due to the strengthening Hurricane, which is expected to have its largest impacts over the next 36 hours or so (longer for some flooding).
TotalEnergies held a 60% interest in North Platte deepwater project and served as the project’s operator. Norway-based Equinor owned the remaining 40% interest.