INTERNATIONAL

The Society of Petroleum Engineers (SPE), Nigerian Council says its 2022 Council Year is focused on energy transition. Thus, one of the major sub-themes for upcoming Oloibiri Lecture Series and Energy Forum (OLEF) 2022 is enabling a sustainable framework for the energy transition. “At OLEF 2022, we shall have diverse conversations on energy transition and […]

TotalEnergies announces that it will contribute an amount of $50 million to the “Tropical Asia Forest Fund 2” managed by New Forests, which aims at investing in certified plantations and native forest conservation projects in various countries across South-East Asia, including Indonesia, Malaysia, Laos, Cambodia, Thailand, and Vietnam. TotalEnergies’ investment will contribute significantly to the

TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X well encountered approximately 84 meters of net oil pay in a good quality Lower Cretaceous reservoir. “This discovery offshore Namibia and the very promising initial

TotalEnergies has announced it has signed a definitive agreement with SunPower Corp.’s (NASDAQ:SPWR) to purchase its Commercial & Industrial Solutions (CIS) business for $250 million, including $60 million of earn-out subject to regulatory evolution. TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. This acquisition is another step in

TotalEnergies, through its affiliate TotalEnergies E&P USA, Inc., announces its decision not to sanction and so to withdraw from the North Platte deepwater project in the US Gulf of Mexico.  The decision not to continue with the project was taken as the Company has better opportunities of allocation of its capital within its global portfolio.