TotalEnergies SE: United States: First Oil From the Anchor Field in Gulf of Mexico
12 Août 2024 - 3:38PM
Business Wire
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the
start of production from the Anchor field, located in the US Gulf
of Mexico, in which the Company has a 37.14% interest alongside
operator Chevron (62.86%).
Located 225 kilometers off the Louisiana coast, Anchor, which
development was launched in December 2019, consists of a system of
subsea wells connected to a semi-submersible floating production
unit (FPU) with a production capacity of 75,000 barrels of oil per
day and 28 million cubic feet of gas per day. At plateau, Anchor
will represent close to 30,000 barrels of oil equivalent per day
(boe/d) net for TotalEnergies. The Anchor FPU has been designed to
minimize greenhouse gas emissions through an all-electric
configuration, with electric motors and electronic controls, and
the utilization of waste heat and vapor recovery technologies.
“The start-up of Anchor is a new milestone in the deployment of
TotalEnergies’ integrated energy model in the US, combining the
development of oil projects with a high leverage to price and a low
emissions intensity and growth in Integrated LNG and Integrated
Power. Delivered safely, on time and within budget, this project
will contribute to the Company’s free cash flow growth trajectory”
said Nicolas Terraz, President, Exploration & Production at
TotalEnergies.
***
TotalEnergies in the United States
TotalEnergies is deploying its integrated energy model across
the United States, where it has been active since 1957. With over
10 Mt of output in 2023, TotalEnergies is the leading exporter of
U.S. LNG, and plans to increase its capacity to 15 Mt/y after the
start-up of the Rio Grande LNG plant in South Texas. The Company is
integrated throughout the LNG value chain, with upstream gas
production assets in Texas and offshore in the Gulf of Mexico. The
U.S. is also a key country for the deployment of TotalEnergies’
Integrated Power strategy – with 25 GW of renewables projects and
flexible generation assets, and as a power trading hub in Houston.
Find out more about TotalEnergies’ U.S. presence here.
About TotalEnergies
TotalEnergies is a global integrated energy company that
produces and markets energies: oil and biofuels, natural gas and
green gases, renewables and electricity. Our more than 100,000
employees are committed to provide as many people as possible with
energy that is more reliable, more affordable and more sustainable.
Active in about 120 countries, TotalEnergies places sustainability
at the heart of its strategy, its projects and its operations.
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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. 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 Universal 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).
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