The LNG will be sourced from TotalEnergie’s global portfolio and will be delivered to terminals on India’s west coast at an expected rate of six cargoes per year.
TotalEnergies SE has signed a “physical” power purchase agreement (PPA) with STMicroelectronics, a semiconductor specialist, for a renewable energy supply. TotalEnergies said in a media release that in January it started delivering renewable electricity to STMicroelectronics sites in France under a 15-year contract. The overall volume to be delivered under the contract is 1.5 terawatt hours (TWh).
The LNG project in the restive Cabo Delgado province has been on hold since 2021 when an Islamist insurgency threatened the site. Dozens of civilians were killed in the attacks in a nearby town, forcing Total to declare a force majeure and withdraw all staff from the construction site.
TotalEnergies, which is a partner of India’s Adani group in renewable energy projects, will not make any new financial contribution as part of its investments in the group of companies until the ongoing U.S. investigations into Adani executives for corruption are clarified, the French supermajor said on Monday.
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable.
According to the global oil firm, to revamp the oil sector, there should be the introduction of more attractive investor entry cost as well as provision of market reflective signature bonuses for oil blocks during bid rounds.
According to the operator, Tyra II will ensure continued production of natural gas with 30% less CO2 emissions than before the shutdown and will contribute to energy security and independence in Denmark and Europe through the export pipelines to Nybro and Den Helder.
Marine seismic acquisition firm Shearwater Geoservices has secured a contract from TotalEnergies for an Ocean Bottom Node (OBN) data acquisition campaign offshore Angola.
Namibia has ambitions to become one of the largest oil producers in Africa by 2035, with an average output of half a million barrels daily, displacing Egypt in the top five list, a government official has said.
This report on the petroleum industry in South Africa includes comprehensive information on supply, refining, crude oil storage reserves, and the distribution and retail of petroleum products, including lubricants, LPG, LNG and biofuels. There is information on the size of the industry in terms of production and consumption, pipeline transportation, wholesale and retail, and the state of the industry, including the effect of refinery closures, pricing and policy, new projects, divestment and government’s plans to revive the industry.