Paris : TotalEnergies and its partners, have signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname. Blocks 6 and 8 were awarded to TotalEnergies in the Suriname Shallow Offshore Bid Round 2020/2021. TotalEnergies will operate the two blocks with a 40% interest, alongside […]
TotalEnergies says to explore for gas in Lebanon waters – EQ Mag
Beirut : French firm TotalEnergies has signed a contract to begin drilling and exploring for gas this year in waters off crisis-hit Lebanon, the company said in a statement on Tuesday. “TotalEnergies in agreement with its partners Eni and QatarEnergy has signed a firm contract with Transocean to hire the drilling rig that will drill […]
TotalEnergies posts 12-percent rise in first-quarter net profit – EQ Mag
French energy giant TotalEnergies announced Thursday a 12-percent rise in net profit in the first three months of the year despite gas and oil prices falling. Net profit was $5.6 billion (5.1 billion euros) for the first quarter compared to $4.9 billion during the same period last year, the company said. And it was a […]
TotalEnergies’ bet on gas means no big emissions cut by 2030 – EQ Mag
PARIS : French oil major TotalEnergies (TTEF.PA) forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business, executives said in an update on its climate strategy on Tuesday. TotalEnergies plans to boost its liquefied natural gas (LNG) output by 40% this decade. Chief […]
TotalEnergies-Rise offshore wind bid in New York features GE factories – EQ Mag
Attentive Energy One (AE1), a joint venture (JV) of TotalEnergies (EPA:TTE) and Rise Light & Power, last week said that its proposal in New York’s third competitive offshore wind solicitation includes a manufacturing agreement with General Electric (NYSE:GE). The JV estimates that if its 1.4-GW project is approved, it would bring USD 25.6 billion (EUR […]
TotalEnergies reaches 1 GW of solar power contracts for self-consumptionbyits B2B customers worldwide – EQ Mag
Paris : TotalEnergies has reached a new milestone with the signature of 1 GW of greenPower Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. This performance is the result of a strong development strategy based on a multi-energy approach to support its B2B customers in their energy transition through the solarization […]
TotalEnergies, RWE bid for up to 1.6-GW wind project off France – EQ Mag
French energy major TotalEnergies (EPA:TTE) and German peer RWE AG (ETR:RWE) on Tuesday announced they have placed a joint bid in the French government’s Centre Manche 2 (AO8) tender for an offshore wind site in the English Channel, off Normandy. The tender will award the rights to a site located about 40 km (24.9 miles) […]
Brazil: TotalEnergies partners with Casa dos Ventos to jointly develop a 12 GW renewable energy portfolio – EQ Mag Pro
Paris : TotalEnergies (TTE) and Casa dos Ventos (CDV), Brazil’s leading renewable energy developer, announced today the creation of a 34%(TTE)/66%(CDV) joint venture to jointly develop, build and operate the renewable portfolio of Casa Dos Ventos. This portfolio includes 700 MW of onshore wind capacity in operation, 1 GW of onshore wind under construction, 2.8 […]
TotalEnergies reaches 500 MW of onsite B2B Solar Distributed Generation for the self-consumption of its Customers Worldwide – EQ Mag Pro
Paris : TotalEnergies announced today it reached the milestone of 500 MW of onsite B2B solar distributed generation in operation. More than 300 sites of its industrial and commercial customers have been equipped with solar panels in Asia, the Middle East, Europe and the United States. TotalEnergies sells to its B2B customers green electricity produced […]
TOTALENERGIES LAUNCHES THE LARGEST BATTERY-BASED ENERGY STORAGE SITE IN FRANCE – EQ Mag Pro
TotalEnergies has launched the largest battery-based energy storage facility in France. Located at the Flandres center in Dunkirk, this site, which responds to the need for grid stabilization, has a power capacity of 61 MW and a total storage capacity of 61 megawatt hours (MWh). It is made up of 27 containers of 2.5 MWh, […]
