TotalÉnergies

The Louisville residential tower marks the first phase of an ambitious $150 million mixed-use venture poised to significantly reshape urban living in Lagos. Envisioned to include a luxury hotel complex, a vibrant commercial center filled with retail shops, multipurpose halls, premium cinemas, and an exciting arcade, this development is not merely a construction project. It also features state-of-the-art sporting facilities, including a gym and wellness center, as well as an expansive parking area that can accommodate…

In a significant turn of events for Mozambique, the country appears poised to ignite the much-anticipated TotalEnergies liquefied natural gas (LNG) project, valued at an impressive $20 billion. This revelation comes directly from the lips of Mozambique’s Minister of Energy, instilling hope and optimism for the region's economic future. The Mozambique LNG project, situated in the rich Cabo Delgado province, was born out of a groundbreaking discovery made back in 2010. Extensive natural gas reserves were found off the…

Libya's Energy Sector Seeks Rebirth: A New Dawn on Exploration In a pivotal moment for Libya, a consortium of 37 international energy giants, including heavy-hitters like Chevron Corp. and TotalEnergies SE, is competing for exploration rights in what marks Libya's first energy tender since the tumultuous aftermath of the 2011 conflict. With aspirations to rejuvenate its oil sector, Libya is actively seeking foreign investments—and the stakes couldn't be higher. "It feels like a turning…

In a significant development for the global energy landscape, Chevron Corp. and TotalEnergies SE are among 37 international firms competing for exploration rights in Libya's inaugural energy tender since the upheaval in 2011. This tender represents an essential step for the North African nation as it endeavors to rejuvenate its faltering oil sector and attract valuable foreign investments. Other prominent players, including Eni SpA and ExxonMobil, have also shown interest, according to Massoud Seliman, the…

TotalEnergies Divests Non-Operating Stake in Bonga Oil Field In a strategic move that reverberates through the oil industry, French energy powerhouse TotalEnergies formally announced on Thursday its decision to sell its 12.5% non-operating stake in Nigeria's renowned Bonga oil field. The deal, valued at $510 million, sees this asset transition to a Shell subsidiary—illustrating yet another significant chapter in the evolving story of energy production in Nigeria. This divestment, executed through TotalEnergies…

TotalEnergies Divests Stake in Nigeria’s Bonga Oil Field: Implications for the Industry On a notable Thursday, French energy powerhouse TotalEnergies made headlines by announcing its decision to sell a 12.5% non-operating stake in Nigeria’s Bonga oil field. The buyer of this stake is none other than a subsidiary of Shell, with the transaction valued at an impressive $510 million. Such a substantial move is indicative of broader trends in the energy sector, where strategic shifts are not just common—they’re essential for…

One month earlier than the primary spherical of the French presidential election, a number of associations and NGOs have known as for demonstrations on Saturday, March 12, in France to defend the local weather. In Paris, in line with the organizers of the…