PARIS, FRANCE: Total SE through Total Quadran is awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender. Total thus confirms its position as number 1 in solar development in France with close to 400 MW, the largest volume awarded over the last 18 months.…
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Total farms down two portfolios of renewable assets in France
PARIS: Total SE, through Total Quadran – its 100% renewable electricity production subsidiary in France, farms down respectively to Banque des Territoires and Crédit Agricole Assurances half of its equity in two portfolios of renewable projects. Crédit Agricole Assurances acquires a 50% stake in a portfolio consisting of 9 wind farms (103 MW) and 44…
Total SE closes its investment in Energía Costa Azul LNG export project
PARIS: Total SE, Sempra LNG and IEnova have signed binding agreements finalizing Total’s equity investment in the Energía Costa Azul liquefied natural gas export project (ECA LNG), located in Baja California, Mexico. Total now holds a 16.6% equity share of the project, for which the final investment decision was taken last November for the development,…
Total makes second significant gas condensate discovery in South Africa
PARIS: Total Se has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. This discovery follows the adjacent play opening Brulpadda discovery in 2019, which proved a significant new petroleum province in the region. The Luiperd well…
Total and Google Cloud to jointly develop a tool for estimating the solar energy potential of houses’ roofs
PARIS: Total SE and Google Cloud have pooled their expertise to jointly develop an innovative tool, Solar Mapper, which aims to accelerate the deployment of solar panels for individuals (B2C) by providing an accurate and rapid estimate of the solar energy potential of their homes, first in Europe and then worldwide. Solar Mapper uses brand-new…
Total closes the sale of non-core UK assets to NEO energy
PARIS: Following the regulatory approvals and the agreement of partners, Total SE closed the sale of UK North Sea non-core assets to NEO Energy. “As announced on May 20, we have worked closely with HitecVision and its portfolio company NEO Energy to conclude this sale. This sale of assets contributes to the action plan currently…
Total announces third significant discovery in Block 58 offshore Suriname
PARIS: Total SE and Apache Corporation have made a significant third discovery with the Kwaskwasi-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central in January and Sapakara West in April. The well was drilled by a water depth of about 1.000 meters and encountered a total of…