Workflow
biogas
icon
Search documents
TotalEnergies to buy 42.5% stake in Namibia’s PEL104 licence
Yahoo Finance· 2026-02-06 15:59
Core Viewpoint - TotalEnergies has agreed to acquire a 42.5% operated interest in Namibia's PEL104 offshore exploration licence, enhancing its position in the region as an operator [1][2]. Group 1: Acquisition Details - The acquisition involves TotalEnergies purchasing a 42.5% interest from Eight Offshore Investments Holdings and Maravilla Oil & Gas, making it the operator of the PEL104 licence, which covers approximately 11,000 km² in the Lüderitz basin [1][2]. - Following the transaction, the ownership structure will be TotalEnergies (42.5%), Namcor (10%), and Eight (5%) [2]. Group 2: Strategic Importance - TotalEnergies aims to strengthen its position in Namibia, having previously acquired a 40% operated interest in the PEL83 licence in December [2]. - The company is focused on developing the Venus and Mopane discoveries while expanding its portfolio in Namibia to unlock further value for the country and stakeholders [3]. Group 3: Company Background - TotalEnergies has been operating in Namibia since 1964 and currently employs 55 people, being the fourth-largest fuel distributor in the country with 43 service stations [3]. - The company is also pursuing local opportunities for low-carbon energy projects as part of its multi-energy strategy, operating in approximately 120 countries globally [4].
Kuwait: TotalEnergies and Kuwait Oil Company Sign Technical Cooperation Agreement
Businesswire· 2026-02-03 13:16
Group 1 - TotalEnergies and Kuwait Oil Company signed a Memorandum of Understanding (MoU) to enhance cooperation and conduct technical studies [1][2] - The MoU includes studies on new exploration opportunities in Kuwait, leveraging TotalEnergies' technical expertise [2] - Patrick Pouyanné, Chairman and CEO of TotalEnergies, emphasized the shared ambition to contribute to Kuwait's resource development and strengthen long-term relations [3] Group 2 - TotalEnergies is a global integrated energy company involved in oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity [3] - The company operates in approximately 120 countries and focuses on sustainability as a core aspect of its strategy and operations [3]
Libya: TotalEnergies Signs the Extension of the Waha Concessions until 2050
Businesswire· 2026-01-26 07:39
Core Insights - TotalEnergies has signed an agreement to extend the Waha Concessions in Libya until December 31, 2050, which will allow for increased production and new investments in the region [1][2][3] Group 1: Agreement Details - The new fiscal terms established by the agreement will facilitate an increase in production from the Waha Concessions, which currently produces approximately 370,000 barrels of oil equivalent per day (boe/d) [2] - The development of the North Gialo field is expected to add an additional 100,000 boe/d to production [2] Group 2: Company Commitment - TotalEnergies has been operating in Libya since 1956 and is committed to enhancing production in collaboration with local authorities and partners [3][4] - The company holds a 20.42% stake in the Waha concessions, which are primarily operated by the National Oil Corporation (NOC) [4] Group 3: Company Overview - TotalEnergies is a global integrated energy company involved in various energy sectors, including oil, natural gas, and renewables, with a workforce of over 100,000 employees [5]
TotalEnergies SE (TTE) Announces the Start of Construction of the Final Two Major Components of Its $10-Billion Gas Growth Integrated Project (GGIP) in Iraq
Yahoo Finance· 2025-09-22 01:21
Group 1 - TotalEnergies SE has commenced construction on the final two major components of its $10 billion Gas Growth Integrated Project (GGIP) in Iraq, which includes the Common Seawater Supply Project and the Full Field Development of the Ratawi oil field [2][3] - The Ratawi development is expected to achieve a production rate of 210,000 barrels per day by 2028, with no routine flaring, and will capture and process all 160 million cubic feet per day of associated gas to generate approximately 1.5 GW of electricity for 1.5 million Iraqi households [3] - The project aims to replace freshwater usage with 5 million barrels per day of treated seawater, thereby conserving about 250,000 cubic meters of freshwater daily for agricultural purposes [2] Group 2 - TotalEnergies SE is recognized as a leading multi-energy company, involved in the production and marketing of oil, natural gas, biofuels, biogas, low-carbon hydrogen, renewables, and electricity [4] - The company is listed among the best clean energy stocks, indicating its strong position in the clean energy sector [4]
TotalEnergies (TTE) Secures New Exploration Permit off Congo Coast
Yahoo Finance· 2025-09-11 15:32
Group 1 - TotalEnergies SE has received the Nzombo exploration permit in the Republic of the Congo, enhancing its exploration portfolio [1][3] - The Nzombo permit covers an area of 1,000 km², with TotalEnergies operating 50% of it, while QatarEnergy and SNPC hold 35% and 15%, respectively [2] - Drilling for one exploration well is scheduled to commence before the end of 2025, indicating a strategic timeline for the project [2] Group 2 - The award of the Nzombo permit aligns with TotalEnergies' strategy to grow its exploration portfolio by leveraging existing facilities [3] - TotalEnergies continues its long-term collaboration with the Republic of the Congo, where it operates existing production facilities [3] - TotalEnergies is a global energy company involved in the production and sale of various energy sources, including oil, biofuels, natural gas, and renewable energy [4]
Chart Industries to Present at J.P. Morgan Energy, Power, Renewables & Mining Conference
Globenewswire· 2025-06-13 11:30
Company Overview - Chart Industries, Inc. is a global leader in energy and industrial gas solutions, specializing in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling [3] - The company focuses on clean power, clean water, clean food, and clean industrial applications, providing technology, equipment, and services related to liquefied natural gas, hydrogen, biogas, and CO2 capture [3] - Chart operates 64 global manufacturing locations and over 50 service centers across various regions including the United States, Asia, Australia, India, Europe, and South America [3] Upcoming Events - Chart Industries will present at the J.P. Morgan Energy, Power, Renewables & Mining Conference in New York on June 24, 2025, with CEO Jill Evanko participating in a fireside discussion [1] - A live audio webcast of the event will be available on the company's website, with a replay accessible after the event concludes [2]