(IN BRIEF) TotalEnergies has commenced production at the Fenix gas field, located off the coast of Tierra del Fuego in Southern Argentina. Part of the Cuenca Marina Austral 1 concession, the field has a production capacity of 10 million cubic meters of gas per day. The project uses a new unmanned platform connected to existing infrastructure, ensuring low costs and low emissions. The Fenix development strengthens TotalEnergies’ gas production in the region and aligns with its strategy for low-cost, low-emission energy.
(PRESS RELEASE) PARIS, 21-Sep-2024 — /EuropaWire/ — TotalEnergies has officially commenced production at the Fenix gas field, situated 60 km off the coast of Tierra del Fuego, in Southern Argentina. The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, where TotalEnergies holds a 37.5% operated interest, alongside partners Harbour Energy (37.5%) and Pan American Energy (25%).
The Fenix development, with a daily production capacity of 10 million cubic meters of gas (equivalent to 70,000 barrels of oil per day), features a new unmanned platform installed in 70 meters of