Tag Archives: TotalEnergies

New 440 MW Solar Project in Ilagan Advances Philippines Energy Transition Through TotalEnergies and Nextnorth Partnership

(IN BRIEF) TotalEnergies and Nextnorth have reached financial close and begun construction of a 440 MW solar power project in Ilagan City, Philippines, with operations expected by the end of 2027. The project, valued at around $300 million, is jointly … Read the full press release

TotalEnergies Approves $1.2 Billion Mirny Wind and Storage Project to Advance Renewable Energy in Kazakhstan

(IN BRIEF) TotalEnergies has taken the Final Investment Decision for the Mirny wind and battery storage project in Kazakhstan, marking a major step in the country’s renewable energy development. The project combines 1 GW of wind capacity with a 600 … Read the full press release

TotalEnergies and Masdar Form $2.2 Billion Joint Venture to Expand Renewable Energy Across Asia

(IN BRIEF) TotalEnergies and Masdar have signed a binding agreement to create a $2.2 billion joint venture focused on onshore renewable energy across nine Asian countries. The partnership will combine 3 GW of operational assets and 6 GW of projects … Read the full press release

RWE Expands Long Term Renewable Energy Agreement with ASML to Support Growing Industrial Demand

(IN BRIEF) RWE has expanded its Power Purchase Agreement with ASML, increasing renewable capacity to around 130 MW and extending the contract until 2038. The agreement includes power from offshore and onshore wind farms in Belgium and the Netherlands, supplying … Read the full press release

DNV Supports Major Battery Storage Transaction in Germany as TotalEnergies Sells Stake to Allianz Global Investors

(IN BRIEF) DNV acted as technical advisor to TotalEnergies in the sale of a 50 percent stake in a large battery storage portfolio in Germany to Allianz Global Investors, in a deal valued at approximately EUR 500 million. The portfolio … Read the full press release

German Authorities Approve Second Phase of RWE Nordseecluster Project Strengthening Renewable Energy Supply for Industry

(IN BRIEF) RWE has received planning permission from the German Federal Maritime and Hydrographic Agency for the second phase of its Nordseecluster offshore wind project, enabling the addition of 900 megawatts of capacity to the existing 660-megawatt first phase currently … Read the full press release

New Gas Consortium Begins Production at Quiluma to Strengthen Angola LNG Supply and Domestic Energy Capacity

(IN BRIEF) Eni has announced the start of gas production from the Quiluma field in Angola, marking a major milestone for the New Gas Consortium and the country’s energy sector. With initial output of 150 MMSCF per day set to … Read the full press release

TotalEnergies Begins Production from Lapa South West Offshore Project in Brazil’s Santos Basin

(IN BRIEF) TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos Basin, approximately 300 kilometers offshore. The development includes three new wells connected to the existing Lapa FPSO facility and is expected to add about 25,000 barrels … Read the full press release

TotalEnergies Sells 50 Percent Stake in German Battery Storage Portfolio to Allianz Global Investors to Accelerate Renewable Energy Infrastructure

(IN BRIEF) TotalEnergies has signed an agreement with Allianz Global Investors to sell a 50 percent stake in a portfolio of 11 battery energy storage projects currently under construction across Germany. The projects, developed by TotalEnergies subsidiary Kyon Energy, will … Read the full press release

TotalEnergies Strengthens Namibian Presence with New Offshore Exploration Position

(IN BRIEF) TotalEnergies has agreed to acquire a 42.5 percent operated stake in Namibia’s offshore PEL104 exploration license from Eight Offshore Investments Holdings and Maravilla Oil & Gas, which will make it the operator alongside Petrobras, Namcor and Eight once … Read the full press release

TotalEnergies and Airbus Sign Long-Term Renewable Power Contracts Covering Half of Key Sites’ Electricity Demand

(IN BRIEF) TotalEnergies and Airbus have signed two clean firm power agreements that will supply 3.3 TWh of baseload renewable electricity per year to Airbus’ major sites in Germany and the United Kingdom from 2027 onward, covering about half of … Read the full press release

TotalEnergies strengthens partnership with KOC through new framework for joint technical studies and expertise exchange

(IN BRIEF) TotalEnergies and Kuwait Oil Company have signed a Memorandum of Understanding at the 5th Kuwait Oil & Gas Show and Conference to enhance cooperation, share technical expertise, and conduct joint studies, particularly on new exploration opportunities in Kuwait. … Read the full press release

TotalEnergies Secures Long-Term Extension of Waha Concessions and Advances New Investment Phase

(IN BRIEF) TotalEnergies has signed an agreement extending the Waha oil concessions in Libya until the end of 2050, establishing new fiscal terms that support increased production and future investment. Signed during the Libya Energy & Economy Summit in Tripoli, … Read the full press release

TotalEnergies and Partners Enter Offshore Block 8 Exploration Permit in Lebanon

(IN BRIEF) TotalEnergies, together with partners Eni and QatarEnergy, has signed an agreement with the Lebanese government to enter the offshore Block 8 exploration permit. Operated by TotalEnergies, the consortium will launch an initial work program that includes a 1,200 … Read the full press release

TotalEnergies Sells Half of Greek Wind and Solar Portfolio to Asterion While Retaining Operational Control

(IN BRIEF) TotalEnergies has sold a 50 percent stake in its 424 MW wind and solar portfolio in Greece to Asterion Industrial Partners in a transaction valuing the assets at €508 million. The company retains the remaining 50 percent, continues … Read the full press release

TotalEnergies strengthens Namibian deepwater position with Mopane stake acquisition and expansion of Venus partnership

(IN BRIEF) TotalEnergies has signed an agreement with Galp that gives TotalEnergies a 40% operated interest in PEL83, home to the Mopane discovery, while Galp will acquire 10% of PEL56, which contains the Venus discovery, along with a 9.39% stake … Read the full press release

Reef Cubes® Deployment Announced for OranjeWind as RWE and TotalEnergies Advance Biodiversity-Positive Offshore Strategy

(IN BRIEF) RWE and TotalEnergies have partnered with ARC Marine to supply 66 Reef Cubes® for installation at the OranjeWind offshore wind farm in the Dutch North Sea. The artificial reefs will be positioned around 11 turbine foundations on top … Read the full press release

New Joint Agreement Strengthens TotalEnergies–TES Partnership and Positions Live Oak as a Key Source of Carbon-Neutral Gas for Japan

(IN BRIEF) TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have entered a Joint Development and Operating Agreement for the Live Oak e-NG project in Nebraska, giving the Japanese partners a collective 33.3% stake. TotalEnergies and TES each retain 33.35%. … Read the full press release

TotalEnergies and Google Sign 15-Year Renewable Power Agreement to Supply 1.5 TWh of Clean Energy to Ohio Data Centers

(IN BRIEF) TotalEnergies and Google have signed a 15-year Power Purchase Agreement for 1.5 TWh of renewable electricity from the Montpelier solar farm in Ohio to power Google’s local data centers. The agreement strengthens the companies’ shared commitment to advancing … Read the full press release

Oteis acquires GreenFlex from TotalEnergies to create a leading sustainability and engineering consultancy

(IN BRIEF) TotalEnergies has agreed to sell its sustainability-focused subsidiary GreenFlex to the French consulting and engineering group Oteis, aligning with its strategy to concentrate on energy production and supply. Oteis, which employs over 800 people and operates across 30 … Read the full press release