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…