South Africa: TotalEnergies Divests Stake in Refinery to Prax Group
The deal marks both TotalEnergies’ divestment of its non-core assets and an entry into the South African market by Prax Group.
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The deal marks both TotalEnergies’ divestment of its non-core assets and an entry into the South African market by Prax Group.
UK project developer Xlinks is leading the construction of a subsea cable to deliver solar power from Morocco to the UK.
TotalEnergies has developed 41.3 GW of installed solar energy capacity and has the most projects operational and under construction, according to a recent report.
TotalEnergies and Sonangol have signed an agreement to deploy remote technologies aimed at decarbonizing Angola’s oil and gas industry and prioritizing environmental stewardship.
TotalEnergies expects to make a Final Investment Decision on the Matola LNG import terminal in Mozambique by September 2024, the company announced.
A consortium of Sonatrach and TotalEnergies has selected Entreprise Nationale de Grands Travaux Pétroliers for the implementation of the TFTII oil and gas pipeline expansion initiative in Algeria.
French energy major, TotalEnergies, has been granted approval to commence with drilling activities in the offshore Block 5/6/7 in South Africa.
TotalEnergies has finalized the sale of a 40% stake in Block 20, offshore Angola, to Petronas for $400 million.
TotalEnergies, Sonatrach, Eni and Occidental have extended their production sharing contracts for blocks 404a and 208 for a period of 25 years.
Sonatrach and TotalEnergies have signed contracts worth approximately $740 million for the development of natural gas, LNG delivery, and renewable energy production.