TotalEnergies SE, founded in 1924 and headquartered in Paris, France, is a global multi-energy company producing and marketing energies, including oil, natural gas, electricity, hydrogen, biofuels, and renewable energies. The company is committed to sustainability and aims to achieve carbon neutrality by 2050. TotalEnergies invests significantly in renewable energy projects, such as solar and wind power, to support the global transition to cleaner energy sources. Operating in over 130 countries, TotalEnergies integrates innovation and technology to meet the world's energy needs responsibly.
The second phase of the Northern Lights development will increase the project transport and storage capacity from 1.5 million to more than 5 million tons of CO2 per year from 2028.
Following the signature of this agreement, the Block 6 partners will now proceed with the Cronos Development and Production Plan, in close collaboration with Cyprus authorities.
The GGIP project is a multi-energy project designed to enhance the development of Iraq’s natural resources and improve the country’s electricity supply.
The NEP infrastructure will initially serve three carbon capture projects in the Teesside region (NZT Power, H2Teesside and Teesside Hydrogen CO2 Capture).
The well will be immediately connected to the Harald field platform and TotalEnergies expects production to begin before the end of the year through the existing Harald and Tyra facilities.