Libya has signed a 25-year oil development deal with TotalEnergies and ConocoPhillips, expected to generate more than USD 20 billion in foreign investment, Reuters reported on Saturday.
TotalEnergies has entered a joint study and application agreement with BluEnergies to advance exploration of the Harper basin deepwater fan play offshore Liberia.
TotalEnergies and partners Eni and QatarEnergy have signed an agreement with the Lebanese government to explore a new block offshore Lebanon, the French company said on Friday.
TotalEnergies EP Nigeria has signed a farm-out agreement with Chevron subsidiary Star Deep Water Petroleum for a 40% stake in the PPL 2000 and PPL 2001 offshore exploration licences in Nigeria, TotalEnergies announced on Monday.
Oil India Limited (OIL) and TotalEnergies inked a “Technology Service Agreement” on Wednesday here in the national capital to strengthen strategic collaboration for exploration activities in deep and ultra-deepwater offshore frontiers of Indian sedimentary basins, including the stratigraphic wells as mandated by the Indian government.
TotalEnergies SE agreed to buy a 50 percent stake in a portfolio of European power assets for about EUR 5.1 billion ($5.9 billion), expanding in the sector even as some major oil and gas peers retreat.
TotalEnergies is expanding its power business in Europe with a multi-billion all-stock deal to buy 50% of the flexible power generation assets of Czech firm EPH. The French supermajor on Monday announced a $5.9-billion (5.1 billion euros) all-stock transaction with Energetický a pr?myslový holding, a.s. (EPH) to acquire 50% of its flexible power generation platform in Western […]
TotalEnergies SE needs Mozambique’s approval for a $4.5 billion increase in cost to its liquefied natural gas project before restarting construction that’s been delayed since 2021 due to security issues.
The joint industry project (JIP), led by DeepOcean, introduces a patented heating solution that allows power cables to be installed after pipeline lay or integrated within reeled pipelines. This approach can reduce manufacturing and installation costs by up to 35% and cut carbon emissions by 30%, while improving operational efficiency and extending tieback distances.
Despite a drop in oil price of $10 per barrel year-on-year, the results and cash flow from business segments should be flat to 5% higher thanks to accretive hydrocarbon production growth and improved results of the downstream businesses, the French energy giant said in a trading update on Wednesday.