TotalEnergies SE said it has won the rights to build and operate France’s biggest offshore wind farm, which will generate six terawatt hours a year, enough to power over one million French households.
TotalEnergies SE has agreed to sell a 50% stake in a 1.4-GW U.S. solar portfolio to KKR & Co., in a deal valuing the assets at $1.25 billion, including debt. The French major will receive about $950 million in cash at closing, with refinancing of the projects underway.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved TotalEnergies SE’s sale of its 12.5 percent stake in Oil Mining Lease (OML) 118, which includes the producing Bonga field, to Shell PLC and Eni SpA for $510 million.
Nigeria’s oil regulator has approved a $510 million deal by TotalEnergies to sell its entire 12.5% interest in oil mining lease (OML) 118, which hosts the offshore Bonga oilfield, to the field’s operator Shell and Agip, the agency said on Thursday. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said TotalEnergies will transfer 10% of its […]
TotalEnergies SE has signed production sharing contracts (PSCs) for four adjoining exploration blocks spanning about 12,700 square kilometers (4,903.49 square miles) in Liberian waters.
TotalEnergies SE and its partners have begun construction for the Ratawi field redevelopment project and a seawater supply project in Iraq, the final components of the country’s over $13 billion Gas Growth Integrated Project (GGIP).
The company signed an agreement to acquire a 10% direct stake in the joint venture developing the train and will offtake 1.5 million tonnes per year (tpy) of LNG. Through its 17.1% stake in NextDecade, it also indirectly holds nearly 7% of the train.
The volume will increase to 3 million tpy from 2028, with supplies sourced primarily from TotalEnergies’ US LNG portfolio. The deal follows an international tender and aims to meet demand from Korean industries, businesses and households.
Nigeria has signed a production-sharing contract (PSC) with TotalEnergies and local firm South Atlantic Petroleum for two offshore blocks, in a step to boost exploration and attract investment under its new oil framework.
“This award of a promising Exploration permit, with the material Nzombo prospect, reflects our continued strategy of expanding our Exploration portfolio with high impact prospects, which can be developed leveraging our existing facilities, and confirms our longstanding partnership with the Republic of the Congo,” senior vice-president exploration Kevin McLachlan said.