TOTALENERGIES SE: Oman: TotalEnergies Signs Agreements for the Development of Low Carbon Natural Gas Projects
21 Décembre 2021 - 1:34PM
UK Regulatory
TIDMTTE
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed with
the Ministry of Energy and Minerals of the Sultanate of Oman a
series of agreements for the sustainable development of the
country's natural gas resources. These agreements include:
-- The establishment of Marsa LNG, an integrated company between
TotalEnergies (80%) and Oman National Oil Company, OQ (20%). Marsa LNG
will produce natural gas from Block 10, with a view to subsequently
develop a low-carbon LNG plant in Sohar, powered by solar electricity,
for the production of LNG for bunker fuel.
-- A concession agreement for Block 10, to develop and produce natural gas
from this block. Marsa LNG will hold a 33.19% interest in Block 10,
together with its partners OQ and Shell Integrated Gas Oman B.V.
(operator). TotalEnergies' production from Block 10 is expected to reach
approximately 24,000 boe/d in 2023.
-- A Gas Sales Agreement, under which Marsa LNG will sell natural gas from
Block 10 to the Government of Sultanate of Oman, for a duration of 18
years or until the start-up of Marsa LNG plant.
"We are pleased to sign these agreements with the Sultanate of
Oman and further develop our activities in the country while
contributing to develop its energy sector in a more sustainable
manner", said Laurent Vivier, Senior Vice President Middle East and
North Africa, Exploration and Production, at TotalEnergies.
***
About TotalEnergies EP in Oman
In Oman, the Company's production was 39 kboe/d in 2020.
TotalEnergies produces oil in Block 6 (4%), as well as LNG through
its participation in the Oman LNG (5.54%)/Qalhat LNG (2.04% via
Oman LNG) liquefaction complex with an overall capacity of 10.5
Mt/y. In 2020 TotalEnergies also signed an Exploration Production
Sharing Agreement for Block 12 with the Ministry of Energy and
Minerals. TotalEnergies is operator of Block 12 covering 10,000
km(2) with a 80% share alongside its partner PTTEP of Thailand
(20%).
TotalEnergies second largest private global LNG player
TotalEnergies is the world's second largest privately owned LNG
player, with a global portfolio of nearly 50 million tons per annum
(Mtpa) by 2025 and a global market share of around 10%. The Company
benefits from strong and diversified positions throughout the LNG
value chain: gas production and liquefaction, LNG transportation
and trading, and contribution to the development of the LNG
industry for maritime transport. Through its interests in
liquefaction plants in Qatar, Nigeria, Russia, Norway, Oman, Egypt,
the United Arab Emirates, the United States, Australia and Angola,
the Company markets LNG on all world markets.
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and
markets energies: oil and biofuels, natural gas and green gases,
renewables and electricity. Our 105,000 employees are committed to
energy that is ever more affordable, cleaner, more reliable and
accessible to as many people as possible. Active in more than 130
countries, TotalEnergies puts sustainable development in all its
dimensions at the heart of its projects and operations to
contribute to the well-being of people.
Twitter: @TotalEnergies LinkedIn: TotalEnergies Facebook:
TotalEnergies Instagram: TotalEnergies
Cautionary Note
The terms "TotalEnergies", "TotalEnergies company" or "Company"
in this document are used to designate TotalEnergies SE and the
consolidated entities that are directly or indirectly controlled by
TotalEnergies SE. Likewise, the words "we", "us" and "our" may also
be used to refer to these entities or to their employees. The
entities in which TotalEnergies SE directly or indirectly owns a
shareholding are separate legal entities. TotalEnergies SE has no
liability for the acts or omissions of these entities. This
document may contain forward-looking information and statements
that are based on a number of economic data and assumptions made in
a given economic, competitive and regulatory environment. They may
prove to be inaccurate in the future and are subject to a number of
risk factors. Neither TotalEnergies SE nor any of its subsidiaries
assumes any obligation to update publicly any forward-looking
information or statement, objectives or trends contained in this
document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies' financial results or activities is provided in the
most recent Registration Document, the French-language version of
which is filed by TotalEnergies SE with the French securities
regulator Autorité des Marchés Financiers (AMF), and in the Form
20-F filed with the United States Securities and Exchange
Commission (SEC).
TotalEnergies Contacts
Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
l @TotalEnergiesPR
Investor Relations: +33 (0)1 47 44 46 46 l
ir@totalenergies.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211221005402/en/
CONTACT:
TotalEnergies
SOURCE: TotalEnergies SE
Copyright Business Wire 2021
(END) Dow Jones Newswires
December 21, 2021 07:34 ET (12:34 GMT)
Totalenergies (LSE:TTE)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024
Totalenergies (LSE:TTE)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024