PARIS--(BUSINESS WIRE)--TotalEnergies EP Norge (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement for the divestment of its non-operated interest (39.89%) in the West Ekofisk and Albuskjell fields to VÃ¥r Energi and has also concluded an agreement with Orlen Upstream Norway for the divestment of its non- operated interest (20.23%) in the Tommeliten Gamma field. These three mature fields, located in the Greater Ekofisk Area (Albuskjell and West Ekofisk in PL018 license and Tommeliten Gamma i. ...

TotalEnergies said on Wednesday it had agreed to sell oil assets in the West Ekofisk, Albuskjell and Tommeliten Gamma fields off the coast of Norway. ...

Vaar Energi , majority owned by Italy's Eni , said on Wednesday it has agreed to buy TotalEnergies' stake in Norway's Ekofisk PPF oilfield, lifting Vaar's stake to 52.3% from 12.4%. ...

TotalEnergies SE (NYSE:TTE) is included among the 12 Best LNG Stocks to Buy According to Hedge Funds. TotalEnergies (TTE): Among the Best LNG Stocks to Buy Now TotalEnergies SE (NYSE:TTE) is currently the third-largest LNG operator in the world, with sales of 40 metric tons in 2024. The company is aiming to consolidate its integrated position across the entire LNG value chain, with its LNG volumes (excluding Russian volumes and spot volumes) expected to grow by 50% between 2023 and 2030. TotalEnergies S ...

Core Insights - TotalEnergies has completed the sale of a 50% stake in a 270 MW portfolio of wind and solar projects in France to Eiffel Investment Group, valuing the assets at €265 million [1] - The transaction aligns with TotalEnergies' Integrated Power business model, allowing the company to retain a 50% stake and continue operating while monetizing part of its renewable assets [2] - The deal supports TotalEnergies' ambition to scale renewable capacity while maintaining capital discipline, with a target of 35 GW of installed renewable capacity by year-end 2025 [4] Company Strategy - TotalEnergies aims for a 12% profitability in its power segment through this transaction, which helps derisk projects and recycle capital [2] - The company plans to deliver more than 100 TWh of net electricity production by 2030, positioning itself as a leading integrated power provider [4] Industry Trends - The transaction reflects a growing trend among oil majors to share ownership of renewable assets with financial investors, enhancing balance sheet flexibility while achieving energy transition goals [5] - Competitors such as bp, Shell, and Eni have also pursued similar divestment models in Europe and beyond [5] Partner Profile - Eiffel Investment Group, managing €7 billion, specializes in energy transition financing and has expanded its focus on sustainable infrastructure investment across Europe, the U.S., and the Middle East [3]

Core Viewpoint - RBC Capital upgraded TotalEnergies to "Outperform" and adjusted the price target from €75 to €70, indicating positive sentiment towards the company's future performance [1][6] Company Strategy - TotalEnergies is acquiring a stake in an onshore gas field in the United States, demonstrating its commitment to expanding energy operations in the region [2][6] - The company is reducing its capital expenditures by $1 billion annually, reflecting a trend towards financial prudence and a strategy to balance growth with cost management [3][6] Market Performance - TotalEnergies' stock is currently priced at $59.63, showing a 3.39% decrease from the previous price, with fluctuations between $59.22 and $62.29 on the same day [4] - Over the past year, the stock reached a high of $69.79 and a low of $52.78, indicating market volatility [4] - The company has a market capitalization of approximately $134.5 billion, with a trading volume of 355,981 shares today, reflecting strong investor interest [5]

PARIS--(BUSINESS WIRE)--In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of a 270 MW wind and solar portfolio in France to investment funds managed by Eiffel investment Group. This transaction values the portfolio at €265 million. Following this transaction, TotalEnergies retains a 50% stake and remains the operator of the assets, from which it offtakes and markets most of the production. TotalEnergies' Integr. ...

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I analyze oil and gas companies like TotalEnergies SE and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up ...

French oil major TotalEnergies on Tuesday said that it is selling a 50% stake in a 270 megawatt portfolio of French wind and solar assets to investment fund manager Eiffel Investment Group. ...