Singa Renewables Pte. Ltd., a joint venture between TotalEnergies SE and RGE (Royal Golden Eagle) Pte. Ltd., has been granted a conditional license by Singapore’s Energy Market Authority (EMA) to import 1 gigawatt (GW) of renewable power from Indonesia.
TotalEnergies SE has signed a deal to sell its 12.5 percent stake in Nigeria’s OML118 production sharing contract, which contains the producing Bonga field, to Shell PLC for $510 million.
The French company, through subsidiary TotalEnergies EP Nigeria Ltd., derived 11,000 barrels of oil equivalent a day (boed) from its share of production in the block, mainly oil, in 2024.
The OML118 Production Sharing Contract (PSC) is located deep offshore at ~74 mi (120 km) south of the Niger Delta in Nigeria, and contains the Bonga field, which started production in 2005, as well as the Bonga North field, the development of which started in 2024. Production from the OML 118 PSC, which is mainly oil, represents approximately 11,000 boed in TotalEnergies’ company share in 2024.
TotalEnergies said it is developing a competitive portfolio that integrates renewable sources with flexible assets to provide clean, reliable power to its customers. By the end of March 2025, TotalEnergies said it expects to have 28 GW of installed gross renewable electricity generation capacity, aiming to achieve 35 GW by the end of 2025 and exceed 100 TWh of net electricity production by 2030.
South Africa’s offshore acreage, particularly in the Orange Basin, has been gaining momentum on the back of transformational discoveries in neighboring Namibia. Within South African waters, the Brulpadda and Luiperd finds in Block 11B/12B remain the most commercially significant to date, estimated to hold more than 600 million barrels of oil equivalent. While TotalEnergies has since exited the block, citing internal portfolio shifts, the company’s re-engagement with the broader South African market suggests continued belief in the basin’s long-term potential.
TotalEnergies has signed an agreement to purchase 2 million tonnes per annum of LNG over 20 years from the Ksi Lisims LNG project in British Columbia, Canada, the company said on Monday.
The agreement, subject to the project’s final investment decision, also includes TotalEnergies acquiring a 5% stake in Western LNG, the project’s developer and future operator, with the option to raise its participation up to around 10% upon FID.
TotalEnergies and OQ Exploration and Production have broken ground on the Marsa LNG plant in Oman, one year after reaching final investment decision on the project.
The 1 million ton per annum (MMtpa) liquefaction plant is being built by Marsa LNG LLC, a joint company between TotalEnergies (80%) and OQEP (20%). The LNG production, which is expected to start in the first quarter of 2028, is primarily intended to serve the marine fuel market (LNG bunkering) in the Gulf.
TotalEnergies has commenced production from the Ballymore deepwater field in the US Gulf of Mexico, the company said on Monday.
The company holds a 40% stake in the project alongside Chevron as operator with 60%.
Located 120 kilometres off Louisiana’s coast, the Ballymore field ties back to Chevron’s Blind Faith floating production unit. It has a daily gross production capacity of 75,000 bopd and 50 mcf (1.4 mcm) of gas. The project, launched in May 2022, uses existing infrastructure and standardised equipment to minimise development costs and emissions.
Wood has secured two engineering and procurement framework agreements worth $11 million from TotalEnergies EP Ratawi Hub to support redevelopment work at Iraq’s Ratawi oil field.
The contracts are part of the Gas Growth Integrated Project (GGIP), a multi-energy initiative aimed at improving Iraq’s natural gas production and electricity supply. Under the three-year agreements, Wood will help advance the Associated Gas Upstream Project (AGUP), a key component of GGIP that involves debottlenecking and upgrading existing facilities.
Global energy major TotalEnergies SE signed a heads of agreement (HoA) with Energia Natural Dominicana Enadom, S.R.L. (Enadom) for the delivery of 400,000 tons of liquefied natural gas (LNG) per year. TotalEnergies said in a media release that the HoA with the joint venture between AES Dominicana and Energas in the Dominican Republic is subject to the finalization of sale and purchase agreements (SPAs). Once the SPAs are signed, the agreement will start in mid-2027, with a 15-year term, and the price will be indexed to Henry Hub.