Tag Archives: TotalEnergies

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