PARIS, FRANCE: TotalEnergies has signed an amendment to extend its partnership with Oman LNG, an Omani liquefied natural gas (LNG) joint venture in which the company holds a 5.54% stake. Located on the northeast coast of Oman, the Oman LNG liquefaction complex comprises two liquefaction trains, each with a capacity of 3.8 million metric tons…
All posts tagged TotalEnergies
TotalEnergies signs 15-year solar PPA with Saint-Gobain
TotalEnergies has signed a 15-year renewable Power Purchase Agreement (PPA) with Saint-Gobain to supply 100 MW of clean energy from its Danish Fields Solar farm in Texas. The PPA will help Saint-Gobain offset its North American Scope 2 CO2 emissions from electricity by 90,000 metric tons per year. The Danish Fields Solar farm is expected…
TotalEnergies sells a 40% interest in Block 20 to Petronas ahead of its development
PARIS, FRANCE: TotalEnergies EP Angola Block 20 has finalized the sale to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies, of a 40% interest in Block 20 in the Kwanza Basin in Angola. The transaction was completed for an amount of $400 million as at January 1st, 2023, subject…
Zhero Europe secures investment from energy giants for green projects
PARIS, FRANCE: Zhero Europe, a company that aims to develop large-scale renewable energy projects in Europe and Africa, has signed a preliminary agreement with TotalEnergies, Baker Hughes, Technip Energies, Azimut and other investors. The investors will provide financing and expertise to help Zhero Europe advance its project portfolio, which involves renewable power generation, power interconnections…
TotalEnergies to supply certified sustainable biomethane to Saint-Gobain
PARIS, FRANCE: TotalEnergies has signed a 100 GW biomethane purchase agreement with Saint-Gobain France for a three-year period starting in 2024. The biomethane will be produced by TotalEnergies at its BioBéarn biomethane plant, which came on stream at the beginning of the year and whose production is certified sustainable by ISCC1 under the highest sustainability…
TotalEnergies invests in Ductor to boost biogas production from organic waste
Paris, France: TotalEnergies, a global energy company, has announced that it has acquired a 20% stake in Ductor, a Finland-based start-up that has developed an innovative technology to process high-nitrogen organic waste, such as poultry manure, for biomethane production. The technology allows the treatment of new types of input that are usually difficult to use…
TotalEnergies launches its largest battery farm in Europe at its Antwerp refinery
PARIS, FRANCE: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), one of the seven supermajor oil and gas companies, has launched at its Antwerp refinery (Belgium), a battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, equivalent to the daily consumption of close to 10,000 households. This project will be…
TotalEnergies acquires Iber Resinas to boost production of circular polymers in Europe
PARIS, FRANCE: TotalEnergies, a French multinational energy company, has acquired Iber Resinas, a Spain-based company that specializes in the mechanical recycling of plastics for sustainable applications. The move is expected to increase TotalEnergies’ production of circular polymers in Europe, broaden its range of recycled products, and improve its access to feedstock through Iber Resinas’ network…
TotalEnergies signs LNG Long-Term Sale Contract with Hanwha Corporation
PARIS, FRANCE: TotalEnergies (Paris:TTE) has signed a Sale and Purchase Agreement (SPA) with the Korea’s Hanwha Energy Corporation for the supply of 600,000 metric tons of liquefied natural gas (LNG) per year over 15 years, starting in 2024. The LNG will be sourced from TotalEnergies’ global LNG portfolio, delivered to the Tongyeong regasification terminal in…
TotalEnergies and New Hope Energy partner on advanced recycling plant in Texas
PARIS, FRANCE: TotalEnergies (LSE:TTE) and New Hope Energy announced a commercial agreement under which New Hope Energy will build an advanced recycling plant in Texas to transform end-of-life plastic waste into a recycled feedstock that TotalEnergies will partly purchase and convert into virgin-quality polymers, which can be used for food-grade packaging, a statement said. The New Hope…
TotalEnergies announces sanction of Ballymore Development in the U.S. Gulf of Mexico
PARIS, FRANCE: TotalEnergies (LSE:TTE), through its affiliate TotalEnergies E&P USA Inc., announced the sanction of the Ballymore development, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico. TotalEnergies holds a working interest of 40% in Ballymore. Co-owner Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, holds a 60% working interest…
Ørsted and TotalEnergies partner to participate in Dutch offshore wind tenders
PARIS, FRANCE: Ørsted and TotalEnergies have joined forces to jointly submit bids for the two Dutch offshore wind tenders “Holland Coast West” with the aim to achieve net positive impact on biodiversity and the Dutch energy system. The Holland Coast West wind farms are located approximately 53 km off the Dutch coast and have a…