TotalEnergies says its $14 billion Papua LNG project has moved closer to a Final Investment Decision after completing EPC tendering and securing nearly $4 billion in savings since 2024 through project optimisation and rebidding construction packages.
TotalEnergies has completed its December 2025 transaction with Galp covering three Namibian exploration licences, acquiring a 40 per cent operated stake in PEL83 while transferring interests in PEL56 and PEL91 to Galp.
TotalEnergies and French artificial intelligence company Mistral have announced a three-year partnership involving more than €100 million ($116 million) to develop a new generation of AI models for oil and gas exploration and reservoir development.
TotalEnergies has taken full ownership of the Grandpuits advanced plastics recycling plant in France after acquiring Plastic Energy’s remaining 35 per cent stake.
TotalEnergies has announced several exploration developments in Angola, including a new oil discovery on Block -field discovery on Block 17, where TotalEnergies holds a 38 per cent operated interest, is expected to reach first oil just three months after its June 20217 and agreements to enter two additional offshore exploration blocks.
KBR has been selected by the Live Oak consortium to provide front-end engineering design (FEED) services for a proposed e-NG project in Norfolk, Nebraska. The project aims to produce and export e-methane to Japan, targeting operations by 2030.
TotalEnergies has completed the transfer of its 10 per cent interest in Arctic LNG 2 to NordLine, a subsidiary of Novatek, following an announcement made alongside its second-quarter 2026 results.
TotalEnergies has unveiled two major European renewable energy transactions, acquiring Shell’s 4 GW renewables portfolio and selling a 50 per cent stake in a €1.8 billion ($2 billion) asset portfolio to KKR as part of its Integrated Power strategy.
TotalEnergies has shipped the first LNG cargo from ECA LNG Phase 1, a liquefied natural gas (LNG) export terminal currently under commissioning on Mexico’s Pacific Coast in Baja California, to Asia.
TotalEnergies and Eni have approved the development of Cyprus’ Cronos gas field, with first production targeted for 2028. The project will supply European markets through Egypt’s LNG infrastructure, reaching around 2.8 million tonnes annually.
