TotalEnergies has secured two marine concessions, N-12.1 and O-2.2, for wind energy following a successful auction held by the Bundesnetzagentur (German Federal Network Agency). Concession N-12.1 is located 170 kilometers off the coast, in the North Sea, and spans approximately 200 square kilometers, while concession O-2.2, spanning around 100 square kilometers, is situated 40 kilometers […]
TotalEnergies and its partner, the State Oil Company of the Republic of Azerbaijan (SOCAR), have announced the commencement of production from the first phase of development of the Absheron gas and condensate field. The field, situated about 100 km southeast of Baku in the Caspian Sea, promises to bolster the gas supply in response to […]
INEOS is set to acquire TotalEnergies’ 50% share in a series of petrochemical joint ventures (JVs), as part of a deal signed between the two parties. The purchase encompasses Naphtachimie, the operator of one of Europe’s largest steam crackers with an annual capacity of 720,000 tonnes of ethylene, Appryl, a 300,000 tonnes per annum polypropylene […]
Aramco and TotalEnergies have officially awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion Amiral petrochemical complex, heralding the commencement of construction work on this large-scale project in Saudi Arabia. This petrochemical complex, integrated with the SATORP refinery in Jubail, is set to be the largest mixed-load steam cracker in the Gulf, with […]
French oil and gas company TotalEnergies has inked a framework agreement with American firm NextDecade, solidifying their joint commitment to the development of the Rio Grande LNG project (RGLNG project). The agreement outlines TotalEnergies’ acquisition of a 16.7% stake in the Texan LNG project’s first phase and a 17.5% interest in NextDecade, worth $219 million. […]
TotalEnergies and its partner NNPC Ltd have pulled off the Ntokon oil and gas discovery in the Oil Mining Lease 102 (OML 102), located off the southeast coast of Nigeria. The new discovery, located 60km off the coast, promises to further bolster Nigeria’s oil and gas production. The hydrocarbon discovery was realized through the drilling […]
TotalEnergies, a French energy company, has reaffirmed its commitment to the energy transition in Kazakhstan by signing a power purchase agreement (PPA) for the 1 GW Mirny wind project. This milestone marks the country’s first PPA for a wind project of such scale. The ambitious project, located in the Zhambyl region, aims to establish the […]
TotalEnergies, in partnership with Petrobras, QatarEnergy, and PETRONAS Petróleo Brasil Ltda (PPBL), has officially signed the production sharing contract (PSC) for the Agua Marinha block. The contract was awarded during the Open Acreage under Production Sharing Regime – 1st Cycle conducted by Brazil’s National Petroleum Agency (ANP) in December 2022. The signing took place on […]
Stellantis, in collaboration with TotalEnergies and Mercedes-Benz, celebrated the inauguration of Automotive Cells Company’s (ACC) battery gigafactory in Billy-Berclau Douvrin, France. This marks the first of three planned battery gigafactories in Europe and represents a significant step towards advancing electric vehicle (EV) technology. The newly inaugurated ACC battery gigafactory boasts an initial production line capacity […]
French oil and gas company TotalEnergies has announced the renewal of its production license for the offshore OML130 block in Nigeria. This renewed license grants TotalEnergies the rights to operate in the block for the next 20 years. Situated 150 kilometers off the coast of Nigeria, the OML130 block is home to the highly productive […]