Tag Archives: TotalEnergies

TotalEnergies and Casino Extend 20-Year Partnership to Supply Over 1,000 French Service Stations

(IN BRIEF) TotalEnergies and Casino Group have renewed their 20-year strategic partnership to supply over 1,000 service stations in France, effective October 1, 2024, for five years. The agreement involves Casino providing food products and essential items to TotalEnergies stations, … Read the full press release

TotalEnergies Expands Sustainable Lubricant Production with Tecoil Acquisition

(IN BRIEF) TotalEnergies has acquired Finnish company Tecoil, a leader in producing Re-Refined Base Oils (RRBOs) through an efficient used oil regeneration process. Tecoil operates a 50,000-ton RRBO facility in Finland and has developed a circular economy network for collecting … Read the full press release

TotalEnergies to Sell West of Shetland Assets to The Prax Group in Strategic Portfolio Realignment

(IN BRIEF) TotalEnergies has agreed to sell its entire stake in West of Shetland assets, including several fields and the Shetland Gas Plant, to The Prax Group. This transaction, pending regulatory approval, is part of TotalEnergies’ strategy to divest mature … Read the full press release

TotalEnergies Expands Offshore Presence in São Tomé and Príncipe with Block STP02 Acquisition

(IN BRIEF) TotalEnergies has entered into an agreement to acquire a 60% stake and operatorship in Block STP02 offshore São Tomé and Príncipe from the country’s national petroleum agency, ANP-STP. The remaining interests will be held by Sonangol (30%) and … Read the full press release

TotalEnergies Partners with Wood on $46M Contract to Enhance Energy Sustainability in Iraq

(IN BRIEF) Wood secures a $46 million contract over three years from TotalEnergies to provide engineering and consulting services for the Associated Gas Upstream Project in Iraq. The project aims to recover flared gas in the Basra region and includes … Read the full press release

TotalEnergies Strengthens Commitment to Decarbonization Through New LNG Contracts in India and Korea

(IN BRIEF) TotalEnergies has announced two pivotal LNG contracts in Asia, signifying a strategic expansion in its LNG business. The agreements include a sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery of up to 800,000 … Read the full press release

TotalEnergies Greenlights Expansion in Brazil with Atapu and Sépia Fields Development Phases

(IN BRIEF) TotalEnergies, in collaboration with Petrobras and partners in the Atapu and Sépia consortiums, has approved the Final Investment Decision (FID) for the second development phases of the Atapu and Sépia fields situated in the pre-salt Santos Basin, offshore … Read the full press release

TotalEnergies Announces Final Investment Decision for Kaminho Project in Angola

(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, along with key stakeholders, met in Luanda to announce the Final Investment Decision (FID) for the Kaminho deepwater project in Angola. TotalEnergies, alongside partners Petronas and Sonangol, will develop the Cameia … Read the full press release

TotalEnergies and SINOPEC Sign Strategic Agreement to Boost Low-Carbon Energy Initiatives

(IN BRIEF) During a state visit to France by the President of China, TotalEnergies and SINOPEC, represented by their respective leaders Patrick Pouyanné and Ma Yongsheng, signed a strategic cooperation agreement to enhance their collaboration in low-carbon energies. Building on … Read the full press release

Wood Secures Contract with TotalEnergies for North Sea Flare Gas Recovery

(IN BRIEF) Wood, a prominent consulting and engineering firm, has secured a new 23-month contract from TotalEnergies (TEPUK) to support flare gas recovery in the North Sea as part of the Elgin-Franklin Flare Gas Recovery System Project. The contract, following … Read the full press release

TotalEnergies and Vanguard Renewables Forge Joint Venture to Boost Renewable Natural Gas Projects Across the US

(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release

TotalEnergies Expands Portfolio Through Strategic Asset Swaps with Trident Energy

(IN BRIEF) TotalEnergies EP Congo, an 85%-owned affiliate of TotalEnergies, has inked a deal with Trident Energy, involving the acquisition of an additional 10% interest in the Moho license and the sale of its 53.5% interest in the Nkossa and … Read the full press release

TotalEnergies and OQ Finalize Marsa LNG Project, Pioneering Low-Emission LNG Production in Oman

(IN BRIEF) During a visit to Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies, reaffirmed the enduring partnership between TotalEnergies and Oman by announcing the Final Investment Decision (FID) for the Marsa LNG project. This project, in collaboration with OQ, … Read the full press release

TotalEnergies Expands U.S. Gas Production with Dorado Leases Acquisition

(IN BRIEF) TotalEnergies has announced the acquisition of Lewis Energy Group’s 20% interest in the Dorado leases operated by EOG Resources in the Eagle Ford shale gas play, bolstering its natural gas production capacity in Texas. This move is set … Read the full press release

TotalEnergies and Papua New Guinea Prime Minister Discuss Progress of Papua LNG Project

(IN BRIEF) Prime Minister James Marape of Papua New Guinea and Patrick Pouyanné, Chairman and CEO of TotalEnergies, convened to review the status of the Papua LNG project. TotalEnergies affirmed its commitment, alongside project partners ExxonMobil, Santos, and JX Nippon, … Read the full press release

TotalEnergies to Double Battery Storage Capacity with New Project in Belgium

(IN BRIEF) TotalEnergies has announced the development of a new battery storage project in Feluy, Belgium, marking the company’s second venture in the region following the Antwerp refinery battery storage project. Set to commence operation by the end of 2025, … Read the full press release

TotalEnergies Unveils Centenary Initiatives: Celebrating 100 Years of Innovation and Commitment

(IN BRIEF) TotalEnergies celebrates its centenary by introducing three initiatives: €100 rewards for new electricity customers in France, €100 incentives for select fuel purchases, and the allocation of 100 company shares to each of its global employees, contingent on a … Read the full press release

TotalEnergies Marks 100 Years of Energy Innovation and Leadership

(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release

TotalEnergies and SINOPEC Forge Partnership for Sustainable Aviation Fuel Production in China

(IN BRIEF) TotalEnergies and SINOPEC have inked a Heads of Agreement (HoA) to jointly establish a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC refinery in China. This collaboration aims to address the aviation industry’s need for sustainable solutions, … Read the full press release

TotalEnergies Celebrates Tyra Hub Restart: Denmark Returns to Gas Self-Sufficiency

(IN BRIEF) TotalEnergies announces the successful restart of production from the Tyra hub in the Danish North Sea following a major redevelopment project. The revamped hub is set to produce 5.7 million cubic meters of gas and 22,000 barrels of … Read the full press release

TotalEnergies Expands Renewable Portfolio with Over 600 B2B Clients Globally

(IN BRIEF) TotalEnergies has secured over 1.5 GW of renewable Power Purchase Agreements (PPAs) with 600+ industrial and commercial clients globally. With 1.1 GW already operational, generating 1.5 TWh annually, an additional 400 MW will be commissioned by year-end. These … Read the full press release

TotalEnergies Partners with Bapco Energies to Optimize Bahrain’s Petroleum Operations

(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, met with His Highness Shaikh Nasser bin Hamad Al Khalifa and Mark Thomas of Bapco Energies in Bahrain, laying the groundwork for collaboration. TotalEnergies will support Bapco Energies in optimizing its … Read the full press release

TotalEnergies and ACO Renew Partnership to Drive Energy Transition in Endurance Racing

(IN BRIEF) TotalEnergies, the Automobile Club de l’Ouest (ACO), and Le Mans Endurance Management (LMEM) have extended their partnership for five years, until 2028, aiming to support ACO’s energy transition goals. Committed to achieving net zero emissions by 2030 under … Read the full press release

Eni Successfully Wraps Up Cronos-2 Well Appraisal in Offshore Cyprus

(IN BRIEF) Eni has completed the Cronos-2 well appraisal in Block 6, offshore Cyprus, confirming a production capacity exceeding 150 MMSCFD. The well aimed to assess the extension and reservoir characteristics of the Cronos gas discovery, proving hydraulic communication and … Read the full press release

TotalEnergies Launches Akpo West Field Production, Boosts Nigeria’s Energy Sector

(IN BRIEF) TotalEnergies, along with its partners, has commenced production from the Akpo West field in Nigeria’s PML2 license area. This field, located 135 kilometers off the coast, is tied back to the existing Akpo Floating Production Storage and Offloading … Read the full press release

TotalEnergies Proposes 7.1% Dividend Increase for Fiscal Year 2023

(IN BRIEF) Following a Board of Directors meeting on February 6, 2024, TotalEnergies has announced its intention to propose a dividend distribution of 3.01 € per share for fiscal year 2023 at the upcoming Shareholders’ Meeting scheduled for May 24, … Read the full press release

TotalEnergies Acquires 200 Charging Sites to Spearhead Electric Mobility in Spain in Partnership with Wenea

(IN BRIEF) TotalEnergies and Wenea have joined forces to establish a prominent presence in the Spanish electric mobility sector by creating a network of high-power charging hubs. TotalEnergies has acquired Nordian CPO, a subsidiary of Wenea, which owns 200 charging … Read the full press release

TotalEnergies Publishes Third Human Rights Briefing Paper, Reaffirming Commitment to Sustainability and Transparency

(IN BRIEF) TotalEnergies has released the third edition of its Human Rights Briefing Paper as part of its dedication to prioritizing sustainability in its strategy. The paper outlines the company’s commitments to internationally recognized human rights and reference texts, such … Read the full press release

Attentive Energy Two: TotalEnergies and Corio’s Offshore Wind Project to Benefit New Jersey Communities

(IN BRIEF) TotalEnergies and Corio Generation have been awarded a 20-year contract by the State of New Jersey to supply 1.34 GW of renewable electricity through their Attentive Energy Two offshore wind project, benefitting over 650,000 homes. The project, a … Read the full press release

TotalEnergies and Nigeria Strengthen Long-Term Partnership, Commit to Emissions Reduction

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release

TotalEnergies Agrees to 5% Salary Increase and Value Sharing Bonus for French Employees

(IN BRIEF) TotalEnergies has signed a wage agreement for 2024 with majority approval (71%) from the CFE-CGC, CFDT, and CAT trade unions. The agreement covers approximately 14,000 employees in France who fall under the Common Corpus of Employee Relations Agreements … Read the full press release

TotalEnergies Bolsters Renewable Energy Ventures with Startup Acquisitions

(IN BRIEF) TotalEnergies is acquiring three startups that previously participated in its TotalEnergies On acceleration program at STATION F in Paris. These acquisitions aim to accelerate the company’s expansion in the electricity sector and enhance its B2B offerings and renewable … Read the full press release

COP28: TotalEnergies Collaborates with National Oil & Gas Companies to Measure and Reduce Methane Emissions Using Innovative Drone Technology

(IN BRIEF) TotalEnergies has signed cooperation agreements with National Oil & Gas Companies (Petrobras in Brazil, SOCAR in Azerbaijan, and Sonangol in Angola) to use its AUSEA technology for methane detection and measurement campaigns at oil and gas facilities in … Read the full press release

TotalEnergies Signs Investment Agreement for Largest Wind Energy Project in Kazakhstan

(IN BRIEF) TotalEnergies has signed an Agreement on Investment (AoI) for its Mirny project during COP28 in Dubai. This project, the largest wind energy initiative ever undertaken in Kazakhstan, will provide low-carbon electricity to over 1 million people and reduce … Read the full press release

TotalEnergies to Divest Minority Stake in South African Natref Refinery to Prax Group

(IN BRIEF) TotalEnergies has revealed its strategy to divest non-core assets by signing an agreement to sell its 36.36% minority stake in the National Petroleum Refiners of South Africa (Natref) to the Prax Group. The Natref refinery, situated in Sasolburg, … Read the full press release

TotalEnergies Invests £20 Million in Xlinks’ Ambitious Renewable Project to Power 7 Million UK Homes

(IN BRIEF) TotalEnergies, one of Europe’s largest energy companies, has invested £20 million to acquire a minority stake in Xlinks First Limited, a UK-based company that aims to develop a groundbreaking renewable energy project in Morocco. The project involves a … Read the full press release

TotalEnergies Supports Transporters’ Transition to Electric Mobility with Tailored Charging Services

(IN BRIEF) TotalEnergies has launched an innovative in-depot electric truck charging service at the SOLUTRANS trade show. This service is designed to facilitate the transition to electric mobility for transport companies by providing customized charging infrastructure. It includes efficient charge … Read the full press release

TotalEnergies’ Energy Outlook 2023 Offers Insight into Global Energy Transition

(IN BRIEF) TotalEnergies has released its annual “TotalEnergies Energy Outlook 2023” in preparation for COP28, outlining scenarios for the evolution of global energy demand and the transition to a sustainable energy system by 2050. The report reveals that while the … Read the full press release

TotalEnergies to Acquire 1.5 GW of Gas-Fired Power Plants in Texas to Enhance Energy Portfolio

(IN BRIEF) TotalEnergies is expanding its presence in the Texas power market by signing an agreement to acquire three gas-fired power plants from TexGen for $635 million. These plants, with a combined capacity of 1.5 GW, are strategically located close … Read the full press release

TotalEnergies and Trade Unions Join Forces for Employee Eco-Transition in France

(IN BRIEF) TotalEnergies has unveiled a strategic initiative to aid its 35,000 employees in France in their ecological transition efforts, promoting sustainable energy consumption and mobility in their daily lives. In collaboration with the Company’s trade union representatives (CFDT, CFE-CGC, … Read the full press release