Namibia: TotalEnergies is expanding its exploration portfolio as operator of the PEL104 license

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed agreements to acquire a 42.5% operating interest in PEL104 Exploration license, located off the coast of Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Upon completion of the transaction, TotalEnergies will be the operator of the license and will hold a 42.5% stake alongside Petrobras […]

Adani Total Gas posts first profit rise in five quarters as CNG sales grow

India’s Adani Total Gas on Thursday reported its first quarterly profit increase in five quarters as higher sales of compressed natural gas (CNG) helped offset higher gas purchasing costs.The company, a joint venture of Adani Group and French oil giant TotalEnergies SE, said consolidated net profit rose about 11.4% to 1.59 billion rupees ($17.4 million) […]

Namibia: TotalEnergies signs agreement with Galp to participate as operator in the Prolific PEL 83 license, including the Mopane Discovery

Under this agreement, TotalEnergies will acquire a 40% operating interest in the PEL83 license with the Mopane discovery, while Galp will acquire a 10% interest in the PEL56 license with the Venus discovery. The transaction positions TotalEnergies as the operator of the two largest oil discoveries in Namibia and opens the way for the development […]

Nigeria: TotalEnergies completes the sale of its non-operated interest in the Bonga field

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) divestment of its non-operated 12.5% ​​interest in OML118 Production Sharing Contract (PSC) with Shell Nigeria Exploration and Production Company Ltd (10%) and Nigerian Agip Exploration (2.5%) for a total amount of USD 510 million. *** About TotalEnergies in Nigeria TotalEnergies has been in […]

COP30: Oil and Gas Decarbonisation Charter maintains momentum with launch of annual report

Signatories expand reporting coverage, strengthen action plans and work together to accelerate industry decarbonization The Oil & Gas Decarbonization Charter (OGDC), a global coalition of leading energy companies, championed by the CEOs of ADNOC, Aramco and TotalEnergies and supported by the Oil and Gas Climate Initiative (OGCI), today announced its Status report 2025: implement action […]

TotalEnergies sells its GreenFlex subsidiary to French group Oteis to create a leading player in sustainable consultancy and solutions

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and independent French consultancy and engineering group Oteis have signed an agreement to sell GreenFlex, TotalEnergies’ sustainable consultancy and solutions business, to Oteis, a divestment that reflects TotalEnergies’ strategy to focus its activities on the production and supply of energy. With more than 800 employees and around thirty agencies in France […]