Tag: Total Energies

Energy, Oil & Gas

TotalEnergies to supply renewable electricity to Airbus in Germany, UK

TotalEnergies and Airbus, an aircraft manufacturer, have signed two clean firm power contracts to supply 3.3 TWh to all major Airbus sites located in Germany and the UK. The electricity supplied to Airbus into the next decade will have a baseload profile and come from new renewable assets with a capacity of 200 MW. This supply will cover half of the electricity needs of the sites concerned, starting from 2027....

Energy, Oil & Gas

TotalEnergies to acquire 42.5pc stake in Namibia’s PEL104 offshore license

TotalEnergies has signed agreements to acquire a 42.5 per cent operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Located in the Lüderitz basin, PEL104 license covers an area of around 11,000 km2 offshore Namibia....

Energy, Oil & Gas

TotalEnergies, Kuwait Oil Company sign technical cooperation agreement

TotalEnergies and Kuwait Oil Company (KOC) signed a Memorandum of Understanding (MoU) to strengthen their cooperation, exchange expertise and conduct technical studies. The MoU includes studies related to new exploration opportunities in the country, for which TotalEnergies will mobilise its technical expertise....

Energy, Oil & Gas

Mozambique, TotalEnergies set to restart work on $20bn project

Mozambique and TotalEnergies are set to relaunch development of the French energy group’s $20 billion liquefied natural gas project on Thursday, nearly five years after work was suspended following a deadly Islamist militant attack, news agencies reported....

Energy, Oil & Gas

TotalEnergies to provide 800 GWh renewable power to SWM

TotalEnergies and SWM, a major player in the paper industry, announce the signing of a contract for the supply of renewable electricity with a constant delivery profile (Clean Firm Power) to SWM’s three plants in France (Papeteries de Saint Girons, PDM Industries, and LTR Industries)....

Energy, Oil & Gas

Bapco Energies, TotalEnergies launch BxT Trading

Bapco Energies and TotalEnergies marked a milestone in their strategic partnership with the launch of BxT Trading, a strategic joint venture focused on petroleum products trading....

Energy, Oil & Gas

TotalEnergies to divest 10pc interest in Renaissance JV

TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement (SPA) with Vaaris for the sale of its 10 per cent non-operated interest in the Renaissance JV licenses in Nigeria....

Energy, Oil & Gas

Saudi Arabia unveils qualified bidders for 5.3GW renewable energy projects

Saudi Power Procurement Company has unveiled the qualified bidders for the seventh round of solar and wind projects with a total 5.3GW capacity. These include global leaders such as EDF, Engie, TotalEnergies, Kepco and Marubeni along with regional players such as Masdar and Alfanar. ...

Energy, Oil & Gas

TotalEnergies divests 50pc of 424 MW portfolio in Greece

TotalEnergies has sold 50% of its 424 MW wind and solar portfolio in Greece to Asterion Industrial Partners, valuing the assets at €508 million ($1.4 million), or about €1.2 million per MW, while retaining joint ownership and operational control....

Energy, Oil & Gas

TotalEnergies merges its upstream business with NEO NEXT

TotalEnergies has signed an agreement with NEO NEXT Energy (NEO NEXT) under which TotalEnergies will merge its upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5 per cent ownership....

Energy, Oil & Gas

TotalEnergies, Japanese firms partner to develop Nebraska e-NG project

TotalEnergies, TES, Osaka Gas, Toho Gas and ITOCHU agreed on joint development of Nebraska’s Live Oak e-natural gas project, giving Japanese firms a 33.3 per cent stake. The 250 MW facility aims for 2030 startup, exporting e-NG to Japan, with Osaka Gas and Toho Gas as key offtakers....

Energy, Oil & Gas

TotalEnergies, Aljomaih Energy & Water awarded 400 MW solar project

The consortium comprising France's TotalEnergies and Saudi developer Aljomaih Energy & Water (AEW) has been awarded by the Saudi Power Procurement Company (SPPC) following a tender process, the license to develop, build and operate a 400 megawatts (MW) solar power plant in As Sufun, KSA. The electricity produced will be s...

Energy, Oil & Gas

TotalEnergies sells its GreenFlex affiliate to Oteis

TotalEnergies and the independent French consulting and engineering group Oteis have signed a deal for the sale of TotalEnergies’ sustainable consultancy and solutions affiliate GreenFlex to Oteis, a divestment that reflects TotalEnergies’ strategy to concentrate its activities on energy production and supply....

Energy, Oil & Gas

TotalEnergies, Veolia join forces for energy transition

TotalEnergies and Veolia have signed a memorandum of understanding for further cooperation in several key areas of energy transition and the circular economy, in line with their respective approaches to reduce their greenhouse gases emissions and water footprint. ...