TotalEnergies Services Halts U.S. Well Services Operations, Divests Equipment in January-February 2026

TotalEnergies Services halted its U.S. well services business in January 2026, with the majority of operational equipment sold by February, according to the company. The move reflects ongoing global uncertainty and commodity price volatility that have dampened drilling and completion activity in North America during the first quarter.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments