(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 … Read the full press release
(IN BRIEF) TotalEnergies has extended its sales and purchase agreement with China’s CNOOC for an additional five years, committing to supply 1.25 million tons of liquefied natural gas (LNG) per year until 2034. This move enhances TotalEnergies’ long-term presence in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing
Tagged CHINA, CNOOC, Gregory Joffroy, LNG Supply, partnership, sustainability, TotalEnergies
(IN BRIEF) TotalEnergies has invested $100 million in a partnership with Anew Climate and Aurora Sustainable Lands to support sustainable forestry practices across 300,000 hectares in the U.S. The initiative aims to reduce timber harvesting, enhance carbon sequestration, and improve … Read the full press release
(IN BRIEF) TotalEnergies has launched a pilot project to install a 3 MW floating wind turbine in the UK North Sea, designed to supply renewable energy to the Culzean offshore oil and gas platform. This innovative project aims to provide … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Floating Wind Turbine Project, Marie-Noëlle Semeria, North Sea Oil & Gas Platform, partnership, sustainability, TotalEnergies, UK
(IN BRIEF) TotalEnergies has announced key leadership appointments within its Executive Committee, effective September 1, 2024. Bernard Pinatel will become President Downstream and President Marketing & Services, while Vincent Stoquart will take over as President Refining & Chemicals. These changes … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Investment, Management, News
Tagged appointment, Aurélien Hamelle, Bernard Pinatel, Executive Committee, Helle Kristoffersen, Jean-Pierre Sbraire, leadership, Namita Shah, Nicolas Terraz, Patrick Pouyanné, Stéphane Michel, TotalEnergies, Vincent Stoquart
(IN BRIEF) RWE has successfully secured two offshore wind sites in the German North Sea, N-9.1 and N-9.2, with a total capacity of 4 gigawatts, during a recent federal auction. The company will pay €250 million for these sites, located … Read the full press release
(IN BRIEF) TotalEnergies has commenced production at the Anchor field in the US Gulf of Mexico, where it holds a 37.14% interest alongside operator Chevron. The project, which began development in December 2019, features subsea wells connected to a semi-submersible … Read the full press release
(IN BRIEF) TotalEnergies is selling its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group. TPPL, a joint venture with Pak-Arab Refinery Limited (PARCO), operates over 800 service stations and has fuel logistics and lubricants activities in Pakistan. … Read the full press release
(IN BRIEF) TotalEnergies is withdrawing from South Africa’s offshore Block 11B/12B and Block 5/6/7 due to economic viability challenges, following the exit of partner CNRI. Despite significant gas discoveries in Block 11B/12B, the company decided it is not feasible to … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Offshore Blocks, partnership, South Africa, TotalEnergies, Withdrawal
(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
(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
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment
Tagged acquisition, automotive market, car manufacturers, carbon footprint, circular economy, environmentally friendly products, Finland, Hamina, industrial market, INNOVATION, Juha Kokko, June 2024, lubricant production, lubricants, marine market, oil regeneration, Pierre Duhot, premium regenerated base oils, Quartz EV3R, Re-Refined Base Oils, re-refining process, RRBOs, Rubia EV3R, sustainability, Tecoil, TotalEnergies, used lubricants, virgin base oils
(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
(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
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged ENERGY, France, Iraq, partnership, Shaun Dewar, sustainability, TotalEnergies, Wood
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged decarbonization, Gregory Joffroy, INDIA, KOREA, partnership, sustainability, TotalEnergies
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Atapu, Brazil, expansion, Nicolas Terraz, partnership, Petrobras, Sépia, sustainability, TotalEnergies
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Angola, Diamantino de Azevedo, Gaspar Martins, investment, João Lourenço, Kaminho Project, partnership, Patrick Pouyanné, Paulino Jerónimo, PETRONAS, Sonangol, sustainability, Tan Sri Tengku Muhammad Taufik, TotalEnergies
(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
(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
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Doug Vaccari, Larry Fink, Neil H. Smith, Olivier Guerrini, partnership, Patrick Pouyanné, Renewable Natural Gas Projects, sustainability, TotalEnergies, US, Vanguard Renewables
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