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.
Adnoc is accelerating its integrated global gas growth strategy with a $6.2 billion (AED22.6 billion) final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi alongside its international partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC).
TotalEnergies has announced the divestment of its 85 per cent interest in Block 2E offshore Malaysia to Inpex for $350 million, representing a net 8.5 per cent stake in the under-development Marjoram gas field.
TotalEnergies has completed the sale of its 170MW distributed solar portfolio across seven European countries to Amarenco and AMPYR Distributed Energy, marking its exit from distributed solar generation activities in those markets.
TotalEnergies, with Dell Technologies and NVIDIA, will build the Pangea 5 supercomputer in France, increasing its computing power sixfold to enhance seismic imaging, speed low-emission exploration, and advance AI research and integrated energy modelling.
TotalEnergies and Nextnorth have reached financial close and begun construction of a 440 MWp solar plant in Ilagan, Philippines. The project, due by 2027, will generate 13.5 TWh over 20 years.
TotalEnergies and Egyptian Natural Gas Holding Company (EGAS) signed an MoU for exploration in Egypt’s north-west offshore area, establishing a framework for technical cooperation, including preliminary exploration work and subsurface evaluation activities.
QatarEnergy signed a memorandum of understanding with TotalEnergies, ConocoPhillips, and the Syrian Petroleum Company for cooperation in oil and gas exploration offshore Syria.
