Tag: TotalEnergies

Energy, Oil & Gas

TotalEnergies advances Absheron development with 2029 start-up target

TotalEnergies and partners SOCAR and XRG have taken the final investment decision for the full development of Azerbaijan’s Absheron gas field. The project is expected to start up in 2029, increasing production to 6 billion cubic metres of gas annually and 47,000 barrels per day of condensate....

Energy, Oil & Gas

TotalEnergies, AMNI take FID on Nigeria’s Ima gas field

TotalEnergies, operator with a 40 per cent stake, and Nigerian partner AMNI, which holds 60 per cent, have taken the Final Investment Decision (FID) for the development of the Ima gas field offshore Nigeria....

Energy, Oil & Gas

TotalEnergies, GIP partner on $1.8bn African O&G assets

TotalEnergies has partnered with BlackRock’s Global Infrastructure Partners on African oil and gas infrastructure assets, receiving a $1.8 billion capital contribution in exchange for throughput-based tariff payments over up to 15 years....

Energy, Oil & Gas

TotalEnergies, Mistral to develop $116m AI programme for O&G

TotalEnergies and French artificial intelligence company Mistral have announced a three-year partnership involving more than €100 million ($116 million) to develop a new generation of AI models for oil and gas exploration and reservoir development....

Energy, Oil & Gas

TotalEnergies announces Angola exploration success, new offshore interests

TotalEnergies has announced several exploration developments in Angola, including a new oil discovery on Block -field discovery on Block 17, where TotalEnergies holds a 38 per cent operated interest, is expected to reach first oil just three months after its June 20217 and agreements to enter two additional offshore exploration blocks....

Energy, Oil & Gas

TotalEnergies advances Papua LNG toward final investment decision

TotalEnergies says its $14 billion Papua LNG project has moved closer to a Final Investment Decision after completing EPC tendering and securing nearly $4 billion in savings since 2024 through project optimisation and rebidding construction packages....

Energy, Oil & Gas

Live Oak consortium selects KBR for e-NG development

KBR has been selected by the Live Oak consortium to provide front-end engineering design (FEED) services for a proposed e-NG project in Norfolk, Nebraska. The project aims to produce and export e-methane to Japan, targeting operations by 2030....

Energy, Oil & Gas

TotalEnergies completes transfer of Arctic LNG 2 stake

TotalEnergies has completed the transfer of its 10 per cent interest in Arctic LNG 2 to NordLine, a subsidiary of Novatek, following an announcement made alongside its second-quarter 2026 results....

Energy, Oil & Gas

TotalEnergies, Eni approve development of Cyprus’ Cronos gas field

TotalEnergies and Eni have approved the development of Cyprus’ Cronos gas field, with first production targeted for 2028. The project will supply European markets through Egypt’s LNG infrastructure, reaching around 2.8 million tonnes annually....

Energy, Oil & Gas

Adnoc, partners greenlight $6.2bn Umm Shaif Gas Cap development

Adnoc is accelerating its integrated global gas growth strategy with a $6.2 billion (AED22.6 billion) final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi alongside its international partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC)....

Energy, Oil & Gas

TotalEnergies offloads Block 2E stake in Malaysia to Inpex

TotalEnergies has announced the divestment of its 85 per cent interest in Block 2E offshore Malaysia to Inpex for $350 million, representing a net 8.5 per cent stake in the under-development Marjoram gas field....

Energy, Oil & Gas

TotalEnergies, EGAS sign MoU for offshore exploration cooperation

TotalEnergies and Egyptian Natural Gas Holding Company (EGAS) signed an MoU for exploration in Egypt’s north-west offshore area, establishing a framework for technical cooperation, including preliminary exploration work and subsurface evaluation activities. ...