TotalEnergies | Egypt Oil & Gas

Egypt, TotalEnergies Near MoU on Herodotus Gas Exploration

The Ministry of Petroleum and Mineral Resources is advancing negotiations with France’s TotalEnergies over expanded gas exploration in the deep Herodotus Basin of the western Mediterranean, with both sides aiming ...

TotalEnergies Exceeds Market Expectations with 29% Earnings Surge in Q1 2026

TotalEnergies reported a 29% increase in first-quarter (Q1) adjusted net income on Wednesday, reaching $5.4 billion and exceeding the $5 billion anticipated by analysts, according to Reuters. The French energy maj ...

TotalEnergies Expects Q1 Earning Rise in 2026

TotalEnergies, the integrated multi-energy company, anticipated a sharp rise in first‑quarter (Q1) of 2026 earnings, driven by strong trading results, higher upstream output, and increased oil sales amid elevated ...

TotalEnergies Eyes Western Mediterranean Gas Potential

Karim Badawi, Minister of Petroleum and Mineral Resources, met with a delegation from France’s TotalEnergies to discuss investment opportunities in the deep waters of the Western Mediterranean, specifically within ...

TotalEnergies, Masdar Launch $2.2 Bn Asia Renewables JV

TotalEnergies, the integrated multi-energy company, and Abu Dhabi Future Energy Company (Masdar), the UAE-based global renewable energy company, signed a binding agreement to establish a 50/50 joint venture (JV) w ...

TotalEnergies: Higher Oil Prices to Offset Middle East Production Cuts

TotalEnergies reported that production in Qatar, Iraq, and offshore UAE is either halted or in the process of shutting down, representing around 15% of the company’s total output. Onshore UAE production, estimated ...

Badawi, TotalEnergies Review Egypt-Cyprus Gas Project Updates

Minister of Petroleum and Mineral Resources, Karim Badawi, reviewed the progress of the Egypt-Cyprus gas transport project, which aims to tie Cypriot Cronos gas field to Egypt’s gas liquefaction plants.
This ...

TotalEnergies Reports Net Income of $2.9 billion in Q4 2025, Takes Full Ownership of Zeeland Refinery

TotalEnergies, global integrated energy major, achieved net income of $ 2.9 billion in the fourth quarter (Q4) 2025, decreasing by 21% compared to Q3 2025.

TotalEnergies has regained full ownership of the Z ...

Libya Secures $20 Bn Oil Investment Deal to Boost Output Capacity

Libyan Prime Minister Abdulhamid al-Dbeibeh has announced a landmark 25-year oil development agreement with France’s TotalEnergies and US-based ConocoPhillips, committing more than $20 billion in foreign-funded in ...

TotalEnergies Lifts Q4 Output 5% to Cushion Crude Price Slump

TotalEnergies expects its fourth-quarter (Q4) 2025 financial results to broadly align with previous year levels, as refining margins and strategic asset sales successfully offset a downturn in crude oil and liquef ...

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