Annuncio • Dec 09
NEO NEXT Energy Limited signed an agreement to acquire Upstream business from TotalEnergies SE (ENXTPA:TTE). NEO NEXT Energy Limited signed an agreement to acquire Upstream business from TotalEnergies SE (ENXTPA:TTE) on December 8, 2025. TotalEnergies will merge its Upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5% ownership. After completion of the transaction, NEO NEXT+ will be jointly owned by TotalEnergies 47.5%, HitecVision 28.875% and Repsol UK 23.625% and encompass a large and diverse asset portfolio including notably NEO Energy’s and Repsol UK’s interests in the Elgin/Franklin complex and the Penguins, Mariner, Shearwater and Culzean fields, enriched by TotalEnergies’ UK Upstream assets, notably including its interests in the Elgin/Franklin complex and the Alwyn North, Dunbar and Culzean fields.
Completion of the transaction is subject to customary conditions, including regulatory approvals and is expected during the first half of 2026. Annuncio • Oct 21
Oteis France Sas agreed to acquire GreenFlex SAS from TotalEnergies SE (ENXTPA:TTE). Oteis France Sas agreed to acquire GreenFlex SAS from TotalEnergies SE (ENXTPA:TTE) on October 20, 2025. The completion of the deal is subject to customary conditions, including consultation with employee representatives and clearance from competition authorities. Annuncio • Oct 15
Totalenergies Se Provides Production Guidance for the Third Quarter 2025 TotalEnergies SE provided production guidance for the third quarter 2025. For the period, the company expects oil and gas production to be at 2.5 Mboe/d, growing 4% year-on-year, above the annual and quarterly guidance of more than 3% and despite the planned turnaround (~-50kboe/d) at Ichthys LNG. Compared to second quarter 2025, Exploration & Production results and cash flow should outpace the E&P production growth of 4% thanks to the accretive impact of the new barrels. Annuncio • Oct 06
Totalenergies Appoints Nicola Mavilla as Senior Vice-President Exploration TotalEnergies announced the appointment of Nicola Mavilla as Senior Vice President Exploration of the Company, with effect from 1st November 2025. Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015. Nicola Mavilla has 25 years of experience in the oil and gas industry and a strong track record in leading successful exploration activities. He joined Eni in 2002 and served as exploration manager in Libya and Norway, VP exploration for West Africa, VP exploration for Americas and Northern Europe and managing director of Eni Ivory Coast. Since 2024, he was Head of Exploration Projects of Eni. Nicola Mavilla holds a Ph.D. in Geology from the University of Bordeaux. Annuncio • Sep 30
TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire 49% stake in Natural Gas Producing Assets in the Anadarko Basin, Oklahoma from Continental Resources, Inc. TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire 49% stake in Natural Gas Producing Assets in the Anadarko Basin, Oklahoma from Continental Resources, Inc. on September 29, 2025. Annuncio • Sep 01
TotalEnergies Wins New Exploration Permit TotalEnergies together with its partners QatarEnergy and the national company SNPC (15%), has been awarded the Nzombo exploration permit in the Republic of the Congo. The 1,000 square kilometer Nzombo permit is located 100 kilometers off the coast of Pointe-Noire, close to the Moho production facilities operated by TotalEnergies EP Congo. The work program includes the drilling of one exploration well, which is expected to spud before the end of 2025. Annuncio • Aug 06
YPF Reportedly to be Close to Buy Total’s Argentina Shale Assets YPF Sociedad Anónima (BASE:YPFD) is close to an agreement to acquire shale oil assets from France’s TotalEnergies SE (ENXTPA:TTE), according to people familiar with the matter. A sale could be valued at $400 million to $500 million, said one of the people, who asked not to be identified because they weren’t authorized to speak publicly. Annuncio • Jul 24
Totalenergies Confirms the Second Interim Dividend, Payable on January 5, 2026 and Payable to Ads Holders on January 23, 2026 TotalEnergies SE The Board of Directors meeting on July 23, 2025 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the distribution of a second interim dividend of €0.85 per share for fiscal year 2025, an increase of 7.6% compared to the three interim dividends paid for fiscal year 2024 and identical to the final ordinary dividend for fiscal year 2024 and to the first 2025 interim. This increase is in line with the shareholder return policy announced by the Board of Directors in February 2025. Payment date: January 5, 2026; Ex-dividend date: December 31, 2025. ADS holders payable date: January 23, 2026; Ex-dividend date ADS Holders: December 31, 2025. Annuncio • Jul 23
TotalEnergies SE Announces the Start of Production from the BEGONIA and CLOV Phase 3 Offshore Projects TotalEnergies announced the start of production from the BEGONIA and CLOV Phase 3 offshore projects, leveraging ullage in the PAZFLOR and CLOV floating production, storage and offloading units (FPSO) to add a total of 60,000 barrels a day of new production. These two subsea tie-back projects deliver additional production leveraging available capacity on existing FPSO’s and as such have low marginal costs and low carbon intensities. TotalEnergies (30%, operator) announces the start of production from BEGONIA, the first inter-block development in Angola. A project made possible thanks to good cooperation between the Angolan concession holder Agencia Nacional de Petróleo, Gás e Biocombustíveis (ANPG), the partners of the block 17/06, Sonangol E&P (30%), SSI (27,5%), ETU Energias (7.5%), Falcon Oil (5%), and the partners of block 17 also operated by TotalEnergies. Located 150 kilometers off the Angolan coast, BEGONIA is a 30,000 barrels per day project consisting of five wells subsea tied back to the PAZFLOR FPSO. TotalEnergies (38%, operator) also announces the first oil from CLOV Phase 3 in Block 17, in agreement with ANPG and its partners Equinor (22,16%), ExxonMobil (19%), Azule Energy (15.84%) and Sonangol E&P (5%). Located 140 kilometers from the Angolan coast, CLOV Phase 3 is a 30,000 barrels per day project consisting of four wells subsea tie-back to the CLOV FPSO. Annuncio • Jun 17
TotalEnergies SE to Report Q4, 2025 Results on Feb 11, 2026 TotalEnergies SE announced that they will report Q4, 2025 results on Feb 11, 2026 Annuncio • May 26
TotalEnergies SE Announces First Oil from the Fourth Development Phase of the Mero Field TotalEnergies announced first oil from the fourth development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August 2021, this new phase called "Mero-4" will connect 12 wells to the new Alexandre de Gusmao FPSO (Floating Production, Storage and Offloading) unit, with a production capacity of 180,000 barrels of oil per day (b/d). This project has been designed to minimize greenhouse gas emissions, with reinjection of the associated gas into the reservoir and zero routine flaring. This startup brings Mero's total production capacity to 770,000 b/d through five FPSOs. This will represent around 100,000 boe/d in TotalEnergies share at full capacity. Mero is a unitized field, operated by Petrobras (38.6%), in partnership with TotalEnergies (19.3%), Shell Brasil (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pre-Sal Petroleo S. A (PPSA) (3.5%) representing the Government in the non-contracted area. Annuncio • May 15
HitecVision AS (OTCNO:HITV) signed a sale and purchase agreement to acquire 50% stake in Polska Grupa Biogazowa S. A. from TotalEnergies SE (ENXTPA:TTE) for an enterprise value of €190 million. HitecVision AS (OTCNO:HITV) signed a sale and purchase agreement to acquire 50% stake in Polska Grupa Biogazowa S. A. from TotalEnergies SE (ENXTPA:TTE) for an enterprise value of €190 million on May 14, 2025. The completion of the transaction is subject to obtaining applicable governmental and regulatory approvals. Annuncio • May 13
TotalEnergies Reportedly Seeks to Sell Stakes in Europe Biogas Units TotalEnergies SE (ENXTPA:TTE) is seeking to sell 50% stakes in its Polish and French biogas production businesses, people familiar with the matter told Bloomberg's Francois de Beaupuy. The company is working with an adviser to gauge interest from investors, said the sources. Annuncio • Apr 02
TotalEnergies SE (ENXTPA:TTE) completed the acquisition of VSB Holding GmbH from Partners Group Holding AG (SWX:PGHN) and other. TotalEnergies SE (ENXTPA:TTE) agreed to acquire VSB Holding GmbH from Partners Group Holding AG (SWX:PGHN) and other for €1.6 billion on December 4, 2024. A cash consideration of €1.57 billion will be paid by TotalEnergies SE. As part of consideration, €1.57 billion is paid towards common equity of VSB Holding GmbH. This acquisition strengthens TotalEnergies' integrated power value chain in Germany and consolidates its renewable energy leadership in France.
The completion of the transaction remains subject to the approval of applicable merger control authorities, regulatory approvals and conditions. Nomura Greentech acted as financial advisor and Max Landshut and Sebastian Remberg, Florian Lechner, Udo Olgemöller (Public Law), Peter Wehner and Dr. Tim Müller, Marie-Luise von Buchwaldt, Catharina Glugla, Kamil Jankielewicz, Romaric Lazerges, Flora Leon-Serviere, Jean-Dominique Casalta and Achim Schmid of A&O Shearman along with Teams from the A&O Shearman offices in Paris, Luxembourg, Warsaw and Milan as well as from partner law firms in Finland and Croatia were also involved and Damir Topic, Marina Kovac Krka, Dina Salapic, Andrej Zmikic, and Jasna Belcic, Law Sanja Novoselic, Barbara Simic, and Jure Marovic, Divjak, Topic, Bahtijarevic & Krka acted as legal advisor to Partners Group Holding AG (SWX:PGHN). Martin Schulz of Jones Day acted as legal advisor to TotalEnergies SE. Maximilian Lang, Krzysztof Pawlak, Krzysztof Lesniak, Grzegorz Filipowicz, Adam Nowosielski, Marcin Antczak, Ivan Einwalter and Lea Muzic of Schoenherr Attorneys at Law acted as legal advisor to TotalEnergies SE.
TotalEnergies SE (ENXTPA:TTE) completed the acquisition of VSB Holding GmbH from Partners Group Holding AG (SWX:PGHN) and other on April 2, 2025. Annuncio • Mar 31
The Grandpuits Conversion into a Zero-Crude Platform Continues and TotalEnergies will Meet All Its Commitments The ongoing conversion of the Grandpuits refinery is entering a key phase. Over 1,200 people are working on the project, which includes the launch of an advanced plastics recycling unit, the first in France to use this particular technology, and the construction of a biorefinery for the production of Sustainable Aviation Fuels (SAF). Once completed, this vast project will be the Company's first zero-crude platform. The complex construction operation, for which as much of the site's equipment as possible is reused, requires the mobilization and expertise of all the employees who know the Grandpuits site. Some projects due to arrive in the second phase -- biogas and mechanical recycling -- have been suspended and the employees who were to join them are assigned, with their agreement, to the success of the first two major projects. In line with its plans at the outset of the project in 2020, TotalEnergies confirms that 250 jobs will be maintained at Grandpuits following the conversion. Within a few months, Grandpuits will be able to produce 10,000 tons a year of pyrolysis oil from recycled plastic, and from the beginning of 2026, up to 230,000 tons a year of Sustainable Aviation Fuel. Annuncio • Mar 25
TotalEnergies SE, Annual General Meeting, May 23, 2025 TotalEnergies SE, Annual General Meeting, May 23, 2025. Annuncio • Dec 18
EP UK Investments Limited acquired 50% stake in West Burton Energy from TotalEnergies SE (ENXTPA:TTE). EP UK Investments Limited acquired 50% stake in West Burton Energy from TotalEnergies SE (ENXTPA:TTE) on December 16, 2024. Post completion of the acquisition, the plant will be operated by the joint venture between TotalEnergies and EPUKI. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.
EP UK Investments Limited completed the acquisition of 50% stake in West Burton Energy from TotalEnergies SE (ENXTPA:TTE) on December 16, 2024. Annuncio • Dec 11
TotalEnergies SE (ENXTPA:TTE) acquired the 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million. TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million on January 31, 2024. Under the terms of agreement, TotalEnergies is paying cash consideration of $903 million, this amount includes the full repayment of the outstanding $350 million shareholder loan granted by OMV to SapuraOMV as well as net working capital and other elements with the consideration being subject to closing adjustments (Economic Effective Date December 31, 2022). The remaining 50 percent interest is held by SapuraEnergy. The implementation of the transaction is, inter alia, subject to certain partner consents as well as governmental and regulatory approvals and closing is expected by the end of first half of 2024. J.P. Morgan acted as financial advisor to OMV. Michael Burns, Tim Gummer, Mark Spinney, Neil Cuninghame, Ruth Buchanan and Jessica Davies of Ashurst acted as legal advisor to OMV Aktiengesellschaft. Marc Petitier, Jérémie Marthan, Estelle Philippi and Valérie Ménard of White & Case LLP (Paris), Margot Berry, Laetitia Souesme and Mukund Dhar of White & Case LLP, Francisco de Rosenzweig and Roman Gonzalez of White & Case, S.C. and MeloMegan Irons, Lucy Raffel, Aileen Fitzmaurice, Alistair Leung, Olivia Yan, Tom Carberry and Fiona Blanch of White & Case LLP acted as legal advisor to TotalEnergies.
TotalEnergies SE (ENXTPA:TTE) completed the acquisition of 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) on December 10, 2024. Annuncio • Dec 05
TotalEnergies SE (ENXTPA:TTE) agreed to acquire VSB Holding GmbH from Partners Group Holding AG (SWX:PGHN) for €1.6 billion. TotalEnergies SE (ENXTPA:TTE) agreed to acquire VSB Holding GmbH from Partners Group Holding AG (SWX:PGHN) and other for €1.6 billion on December 4, 2024. A cash consideration of €1.57 billion will be paid by TotalEnergies SE. As part of consideration, €1.57 billion is paid towards common equity of VSB Holding GmbH.
The completion of the transaction remains subject to the approval of applicable merger control authorities.
Nomura Greentech acted as financial advisor and A&O Shearman acted as legal advisor to Partners Group Holding AG (SWX:PGHN). Annuncio • Dec 04
TotalEnergies Reportedly to Near €2 Billion Deal for VSB Group from Partners Group Holding TotalEnergies SE (ENXTPA:TTE) is close to acquiring VSB Group (VSB Holding GmbH) from private equity firm Partners Group Holding AG (SWX:PGHN) in a deal that values the German renewable project developer at about €2 billion ($2.1 billion), according to people familiar with the matter. The French energy company and Partners Group are in advanced talks and could announce the transaction as soon as in the coming days, the people said. A final agreement could still be delayed, said the people, who asked not to be identified as the information is private. Representatives for TotalEnergies and Partners Group declined to comment. Partners Group acquired an 80% stake in VSB Group in 2020. Partners Group has been considering the sale of some of its infrastructure assets with a combined value of more than $5 billion as the Swiss buyout firm seeks to take advantage of investor appetite in the sector, Bloomberg News reported in March. VSB Group is among the assets that Partners has been looking to divest, people familiar with the matter have said. Annuncio • Oct 31
TotalEnergies Announces the Third Interim Dividend for Fiscal Year 2024, Payable on April 1, 2025, and April 16, 2025 Respectively TotalEnergies SE announced that the Board of Directors meeting on October 30, 2024 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the distribution of the third 2024 interim dividend of EUR 0.79 per share, an increase of 6.8% compared to the three interim dividends paid for fiscal year 2023 and identical to the first and second 2024 interims. This increase is in line with the shareholder return policy confirmed by the Board of Directors in February 2024 and reiterated at the Annual General Meeting of May 24, 2024. This interim dividend will be paid in cash exclusively, according to the following timetable: Ex-dividend date for share holders: March 26 2025. Ex-dividend date for ADS holders: March 25,2025. Payment date for shareholders: April 1,2025. Payment date for ADS holders: April 16, 2025. Annuncio • Oct 29
TotalEnergies Discovers New Gas Condensate Resources in Offshore Harald Field TotalEnergies announced that the Harald East Middle Jurassic nearby exploration well (HEMJ-1X) has discovered additional gas condensate resources in the Harald field, in the Danish North Sea. Located in shallow waters, 250 km off the west coast of Denmark, the HEMJ-1X well was drilled in the Eastern part of Harald field and encountered 48 meters of net gas condensate pay in a good quality reservoir. The HEMJ-1X well will be immediately connected to the Harald platform and is expected to start producing before the end of the year through the existing Harald and Tyra facilities. Annuncio • Aug 26
TotalEnergies SE Announces Executive Changes TotalEnergies SE announced Effective September 1st, 2024; Bernard PINATEL, currently President Refining & Chemicals, is appointed President Downstream and President Marketing & Services, member of the Executive Committee. Vincent STOQUART, currently senior vice president Renewables is appointed President Refining & Chemicals, member of the Executive Committee. Effective September 1st, 2024, TotalEnergies’ Executive Committee will comprise; Patrick Pouyanné, Chairman and Chief Executive Officer; - Aurélien Hamelle, President for Strategy & Sustainability, Helle Kristoffersen, President Asia, Stéphane Michel, President of Gas, Renewables and Power, Bernard Pinatel, President Downstream and President Marketing & Services, Jean-Pierre Sbraire, Chief Financial Officer, Namita Shah, President, OneTech, Vincent Stoquart, President Refining & Chemicals, Nicolas Terraz, President, Exploration & Production. Annuncio • Aug 08
Gunvor Group Ltd agreed to acquire 50% stake in Total Parco Pakistan Ltd. from TotalEnergies SE (ENXTPA:TTE). Gunvor Group Ltd agreed to acquire 50% stake in Total Parco Pakistan Ltd. from TotalEnergies SE (ENXTPA:TTE) on August 6, 2024. The new entity will continue its retail business under the existing Total Parco brand, and its lubricants business under the Total brand for five years in Pakistan. The acquisition remains subject to authorization by the relevant authorities and related agreements. The acquisition remains subject to authorization by the relevant authorities and related agreements. Annuncio • Jul 31
TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire SN Power AS from Scatec ASA (OB:SCATC), Norfund and British International Investment plc. TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire SN Power AS from Scatec ASA (OB:SCATC), Norfund and British International Investment plc on July 30, 2024. As part of the agreement, TotalEnergies will 100% stake in SN Power. As a result of this transaction, TotalEnergies will acquire a 28.3% stake in the Bujagali hydropower plant currently in operation in Uganda and also acquire minority stakes in two projects under development in Rwanda (260 MW) and Malawi (360 MW). The proceeds from the transaction will be used to support Scatec’s self-funded growth plan. The transaction price and the final accounting effects will be disclosed at closing of the transaction due to commercial considerations.
The transaction is subject to conditions and consents being received from stakeholders including lenders and joint venture partners and is scheduled to close within first half of 2025. Annuncio • Jul 30
TotalEnergies Exits from Offshore Blocks 11B/12B and 5/6/7 TotalEnergies announced its withdrawal from this block, off the Southern coast of South Africa, in which its affiliate TotalEnergies EP South Africa holds a 45% interest. TotalEnergies entered into Block 11B/12B in 2013 and made two gas discoveries, Brulpadda and Luiperd, which could however not be turned into a commercial development as it appeared to be too challenging to economically develop and monetize these gas discoveries for the South African market. TotalEnergies has also decided to exit from offshore exploration Block 5/6/7 where TotalEnergies EP South African currently holds a 40% interest. Annuncio • Jul 25
TotalEnergies SE Announces Second 2024 Interim Dividend, Payable on January 6, 2025, and January 21, 2025 Respectively TotalEnergies SE at the Board of Directors meeting on July 24, 2024, the board decided the distribution of the second 2024 interim dividend of 0.79 €/share, an increase of 6.8% compared to the three interim dividends paid for fiscal year 2023 and identical to the final dividend for fiscal year 2023 and to the first 2024 interim. This increase is in line with the shareholder return policy confirmed by the Board of Directors in February 2024 and reiterated at the Annual General Meeting of May 24, 2024. Ex-dividend date for shareholders is January 2, 2025 and for ADS holders is December 31, 2024. Payment date for shareholders is January 6, 2025 and for ADS holders is January 21, 2025. Annuncio • Jul 12
BP, Shell and Total Take Stake in UAE Energy Project British energy giants BP p.l.c. (LSE:BP.) and Shell plc (LSE:SHEL), and France's TotalEnergies SE (ENXTPA:TTE), will each take a 10% stake in a liquefied natural gas project in the United Arab Emirates, state energy giant Abu Dhabi National Oil Company (ADNOC) has said. Japanese trading company Mitsui & Co., Ltd. (TSE:8031) will also acquire 10% of the Ruwais LNG plant, scheduled to come online in 2028, Adnoc said. Adnoc, the UAE's key revenue-earner, will retain a 60% majority stake. The plant, under development in Abu Dhabi, is expected to produce about 9.6m metric tonnes a year, more than doubling the company's LNG production capacity in the UAE. Annuncio • Jul 02
TotalEnergies SE (ENXTPA:TTE) acquired STR Tecoil Oy. TotalEnergies SE (ENXTPA:TTE) acquired STR Tecoil Oy on July 1, 2024.TotalEnergies SE (ENXTPA:TTE) completed the acqusition of STR Tecoil Oy on July 1, 2024. Annuncio • Jun 28
The Prax Group agreed to acquire interests in West of Shetland gas fields in United Kingdom from TotalEnergies SE (ENXTPA:TTE). The Prax Group signed an agreement to acquire interests in West of Shetland gas fields in United Kingdom from TotalEnergies SE (ENXTPA:TTE) on June 27, 2024. The transaction is subject to approval from the relevant authorities. Annuncio • Jun 06
TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire West Burton Energy from EIG Global Energy Partners for £450 million. TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire West Burton Energy from EIG Global Energy Partners for £450 million on June 5, 2024. The transaction is subject to authorization from the competent authorities. Annuncio • May 25
TotalEnergies SE Appoints Marie-Ange Debon as Director TotalEnergies SE at its Extraordinary Shareholders' Meeting held on May 24, 2024 appointed Marie-Ange Debon as Director. Annuncio • May 22
Exxon Mobil, Shell Reportedly to Weigh Bids for Galp Namibia Stake Exxon Mobil Corporation (NYSE:XOM) and Shell plc (LSE:SHEL) are among energy giants evaluating bids for a stake in Galp Energia, SGPS, S.A. (ENXTLS:GALP)’s major oil field offshore Namibia, according to people familiar with the matter. TotalEnergies SE (ENXTPA:TTE) and Equinor ASA (OB:EQNR) are also among those considering acquiring the 40% stake Galp is seeking to sell in the Mopane discovery, said the people, asking not to be identified as the matter is private. Based on Galp’s recent “in place” estimates for 10 billion barrels of oil equivalent in the Mopane complex, the entire discovery could be worth around USD 20 billion, or potentially more, some of the people said. The Portuguese firm said in an April filing that the oil estimate is before drilling additional exploration and appraisal wells. Galp, which is working with a financial adviser to sell half of its 80% holding in the asset, has called for first round bids in mid-June, according to the people. Shares of Galp were up 2.8% at 3:14 p.m. May 21, 2024 in Lisbon, putting it on track for the biggest daily gain in about a month and giving the company a market value of €15.2 billion ($16.5 billion). Deliberations are in the early stages and other bidders could emerge, while the Lisbon-based company could also decide to retain the stake if it cannot reach a final agreement with any of the parties, the people said. Representatives for Galp, Shell, Exxon, Equinor and TotalEnergies declined to comment. Galp shares jumped 21% after the company said in April that a well test “potentially” indicated Mopane could be an important commercial find in Namibia following the completion of the first phase of its exploration. The “in place” estimates for 10 billion barrels of oil equivalent are the first in a series of tests to determine how much oil the discovery contains and is recoverable. Annuncio • Apr 26
TotalEnergies EP Congo agreed to acquire 53.5% stake in Nkossa and Nsoko II licenses from TotalEnergies SE (ENXTPA:TTE). TotalEnergies EP Congo agreed to acquire an additional 53.5% stake in Nkossa and Nsoko II licenses from TotalEnergies SE (ENXTPA:TTE) on April 24, 2024. TotalEnergies EP Congo will hold an 85% working interest in the Nkossa and Nsoko II fields after the completion of the transaction. The deal is subject to regulatory approvals, approval from the relevant authorities, and to the completion of Trident Energy’s acquisition of Chevron Congo. The transaction is anticipated to be completed by the end of Q4 2024. Annuncio • Feb 01
TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million. TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million on January 31, 2024. Under the terms of agreement, TotalEnergies is paying cash consideration of $903 million, this amount includes the full repayment of the outstanding $350 million shareholder loan granted by OMV to SapuraOMV as well as net working capital and other elements with the consideration being subject to closing adjustments (Economic Effective Date December 31, 2022). The remaining 50 percent interest is held by SapuraEnergy. The implementation of the transaction is, inter alia, subject to certain partner consents as well as governmental and regulatory approvals and closing is expected by the end of first half of 2024. Annuncio • Jan 11
TotalEnergies Says No Plans to Sell Shares in NextDecade TotalEnergies SE (ENXTPA:TTE) has no plans to sell its shares in U.S. liquefied natural gas (LNG) company NextDecade Corporation (NasdaqCM:NEXT), the French energy group said on January 11, 2024 after market speculation over a potential sale. "TotalEnergies clarifies that it has no current plans to sell its shares in NextDecade and that it remains fully committed to the development of the Rio Grande LNG project together with operator NextDecade," it said in a statement. TotalEnergies issued the statement after NextDecade filed in late December a prospectus with the U.S. Securities and Exchange Commission (SEC) that would allow TotalEnergies to sell its 17.5% stake in NextDecade over time. However, TotalEnergies said this marked a "reflection of TotalEnergies’ general approach to retain flexibility when it comes to its equity investments," rather than any actual decision to sell. Annuncio • Nov 22
Suncor Energy Inc. (TSX:SU) completed the acquisition of Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE). Suncor Energy Inc. (TSX:SU) signed an agreement to acquire Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE) for CAD 6.1 billion on April 26, 2023. Under the terms of the transaction, Suncor would acquire all of the shares of Total E&P Canada for cash consideration of CAD 5.5 billion at closing subject to adjustments, with the potential for additional payments of up to an aggregate maximum of CAD 600 million, conditional upon Western Canadian Select benchmark pricing and certain production targets. The transaction includes the acquisition of the remaining 31.23% working interest in Fort Hills and 50% working interest in Surmont, held by Total E&P Canada. The transaction will be funded through cash on hand and debt. The offering $1.5 billion will be used to fund the transaction. The transaction is subject to regulatory approvals, the waiver of TotalEnergies EP Canada Ltd’s partners pre-emption rights, ConocoPhillips waiving its right of first refusal in respect of the Surmont working interest and customary closing conditions. On May 26, 2023, Suncor Energy has been notified that ConocoPhillips Canada has elected to exercise their right of first refusal with respect to TotalEnergies’ 50% working interest in the Surmont asset. As a result, each of the parties has the right to terminate the agreement under which Suncor would acquire TotalEnergies’ Canadian operations and Suncor will be assessing the transaction in light of this change.
As of October 4, 2023, Suncor Energy announced that it has agreed to acquire Total E&P Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project for CAD 1.468 billion. Upon closing of the transaction, Suncor will own 100% of Fort Hills. Regulatory approvals have been received and, subject to closing, the transaction will have an effective date of April 1, 2023.
The transaction is expected to close by end of third quarter of 2023. The acquisition is expected to strengthen the underlying business, result in increasing funds flow and be accretive to funds flow per share. David Harrison of J.P. Morgan Securities Canada Inc. acted as financial advisor and Peter Keohane, Chris Harris and Ky Kvisle of Blake, Cassels & Graydon LLP and Adam Givertz and Andrew Finch of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisors to Suncor. RBC Capital Markets (Europe) GmbH, Paris Branch and TD Securities, Inc. acted as financial advisor to TotalEnergies SE.
Suncor Energy Inc. (TSX:SU) completed the acquisition of Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE) on November 20, 2023. Annuncio • Sep 16
Total Reportedly in Talks to Invest in Adani Green's Projects TotalEnergies SE (ENXTPA:TTE) is in talks to invest in renewable energy projects developed by Adani Green Energy Limited (NSEI:ADANIGREEN), people familiar with the matter said, potentially marking the first public deal between the French oil giant and Gautam Adani since a short-seller leveled fraud allegations against the Indian billionaire’s business empire. Annuncio • Aug 24
TotalEnergies SE has signed an agreement to acquire 40% participating interest in CO2 Storage exploration license, ExL004, located off shore of Bergen in Norway from CapeOmega Carbon Storage AS. TotalEnergies SE has signed an agreement to acquire 40% participating interest in CO2 Storage exploration license ExL004, located off shore of Bergen in Norway from CapeOmega Carbon Storage AS on August 22, 2023. ExL004 is operated by Wintershall DEA Norge AS with a 60% participating interest. The transaction is subject to satisfaction of customary conditions, including final approvals from relevant government authorities. Annuncio • Aug 22
Inpex Corporation (TSE:1605) and TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire PTT Exploration and Production Public Company Limited (SET:PTTEP). Inpex Corporation (TSE:1605) and TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire PTT Exploration and Production Public Company Limited (SET:PTTEP) on August 21, 2023. TotalEnergies will acquire a 26% interest in the permit in line with its equity in Ichthys LNG, while INPEX will acquire the remaining 74% and assume operatorship. The transaction is subject to approval by the relevant authorities. Annuncio • Aug 17
Suncor Continues Talks to Buy TotalEnergies Fort Hills Oil Sands Stake Canada’s Suncor Energy Inc. (TSX:SU) is continuing talks with French oil major TotalEnergies SE (ENXTPA:TTE) about buying its nearly one-third stake in the Fort Hills oil sands mine, Suncor’s CEO said. Chief Executive Rich Kruger said he expects a resolution of the talks this year. Canada’s second-largest oil producer is looking to increase its bitumen supplies to replace its aging Base Mine. “We generally would prefer to operate and have 100% ownership of our assets; that's generally where we think we can add the most value and be the most competitive,” Kruger said on a quarterly conference call. "Fort Hills would fit into that." Total owns a 31.23% stake in Alberta's Fort Hills, with the operator Suncor owning the rest. Suncor agreed in April to buy Total’s Canadian operations for CAD 5.5 billion ($4.08 billion), including Total’s Fort Hills interest and its 50% stake in the Surmont facility. However, ConocoPhillips (COP.N), which operates Surmont, exercised its right of first refusal to buy Total’s stake instead of Suncor, triggering a review of Suncor’s deal with Total. Kruger said Suncor also has internal options to increase its long-term bitumen supply. Annuncio • Aug 05
Abu Dhabi National Oil Company agreed to acquire 30% stake in Absheron Gas Field in Azerbaijan form State Oil Company of the Azerbaijan Republic and TotalEnergies SE (ENXTPA:TTE). Abu Dhabi National Oil Company agreed to acquire 30% stake in Absheron Gas Field in Azerbaijan form State Oil Company of the Azerbaijan Republic and TotalEnergies SE (ENXTPA:TTE) on August 4, 2023. Upon completion of the transaction, which is subject to customary regulatory approvals, ADNOC will own a 30% participating interest in Absheron, with SOCAR and TotalEnergies holding 35% stakes respectively. Annuncio • Jul 28
TotalEnergies Announces the Second Interim Dividend for Fiscal Year 2023, Payable on January 12, 2024 TotalEnergies announced the board of directors meeting on July 26, 2023, decided the distribution of the second 2023 interim dividend of €0.74/share, an increase of 7.25% compared to the three interim dividends paid for fiscal year 2022 and identical to the final ordinary dividend for fiscal year 2022 and to the first 2023 interim. This increase is in line with the shareholder return policy confirmed by the Board of Directors in February 2023 and reiterated at the Annual General Meeting of May 26, 2023. Ex-dividend date is January 2, 2024. Payment date is January 12, 2024. Annuncio • Jul 27
TotalEnergies SE acquired 70.8% stake in Total Eren SA from Bpifrance Investissement SAS, Next World Group, Peugeot Invest Société anonyme (ENXTPA:PEUG), Tikehau Capital (ENXTPA:TKO) for €1.5 billion. TotalEnergies SE acquired 70.8% stake in Total Eren SA from Bpifrance Investissement SAS, Next World Group, Peugeot Invest Société anonyme (ENXTPA:PEUG), Tikehau Capital (ENXTPA:TKO) for €1.5 billion on July 25, 2023.
TotalEnergies SE completed the acquisition of 70.8% stake in Total Eren SA from Bpifrance Investissement SAS, Next World Group, Peugeot Invest Société anonyme (ENXTPA:PEUG), Tikehau Capital (ENXTPA:TKO) on July 25, 2023. Annuncio • Jul 11
TotalEnergies and State Oil Company of the Azerbaijan Announces Start of Production in the Absheron Gas Field in Azerbaijan TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) announced the start of production of the first phase of development of the Absheron gas and condensate field in the Caspian Sea, around 100 km south-east of Baku. This first phase connects a subsea production well to a new gas processing platform, itself linked to SOCAR’s existing facilities in Oil Rocks. It has production capacity of 4 million cubic meters of gas per day and 12,000 barrels a day of condensate. The gas will be sold on the domestic market in Azerbaijan. The development of the Absheron field provides an additional gas supply to meet growing demand, at a competitive technical cost and low greenhouse gas emissions intensity, in line with TotalEnergies’ strategy. TotalEnergies and SOCAR both hold a 50% interest in the project, which is operated by the joint company JOCAP (Joint Operating Company of Absheron Petroleum). Annuncio • Jul 07
INEOS Limited signed a deal to acquire 50% stake in Naphtachimie SA, Appryl, Gexaro and 3TC from TotalEnergies SE (ENXTPA:TTE) INEOS Limited signed a deal to acquire 50% stake in Naphtachimie SA, Appryl, Gexaro and 3TC from TotalEnergies SE (ENXTPA:TTE) on July 5, 2023. As part of the agreement, INEOS will also acquire the southern sections of TotalEnergies’ ethylene pipeline network running from Lavéra to the Lyon region. Completion of the deal is subject to consultation and regulatory approval. The deal is expected to close in end of 2023. Annuncio • Jul 06
TotalEnergies SE (ENXTPA:TTE) acquired five photovoltaic projects in Romania from PNE AG (XTRA:PNE3). TotalEnergies SE (ENXTPA:TTE) acquired five photovoltaic projects in Romania from PNE AG (XTRA:PNE3) on July 4, 2023. The transaction parties have agreed not to disclose the purchase price.
TotalEnergies SE (ENXTPA:TTE) completed the acquisition of five photovoltaic projects in Romania from PNE AG (XTRA:PNE3) on July 4, 2023. Annuncio • Jun 14
TotalEnergies Makes Oil and Gas Discovery in Offshore OML 102 TotalEnergies SE announces the Ntokon oil and gas discovery on OML102 offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of net gas pay, while its side-track Ntokon-1G1 encountered 73 meters of net oil pay, in well-developed and excellent quality reservoirs. Ntokon-1G1 tested successfully up to a maximum rate of about 5,000 barrels per day of 40° API oil. Located 20 km from the Ofon field facilities on OML102, Ntokon is planned to be developed through a tie-back to these existing facilities. OML 102 is operated by TotalEnergies EP Nigeria with a 40% interest, alongside partner NNPC Ltd. with the remaining 60%.