TotalEnergies | Egypt Oil & Gas - Part 2

Egypt to channel Cypriot gas to Europe by 2028 after Eni, TotalEnergies approve Cronos FID

Italian Eni and French TotalEnergies have reached the Final Investment Decision (FID) to develop the Cronos project in deep waters offshore Cyprus, with the target of bringing the first Cypriot gas to market in 2028, ...

TotalEnergies Boosts 2Q-2026 Profit Despite Disruptions

TotalEnergies posted its second-quarter results, amid rising commodity prices and an integrated business model boosting earnings and cash flow despite Middle East-linked disruptions. Adjusted net income rose 12% quart...

ADNOC Secures $6.2 Bn FID For Umm Shaif Gas Cap Offshore Project

Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the offshore Umm Shaif Gas Cap project in Abu Dhabi, reinforcing the country’s energy security and its...

TotalEnergies Divests Distributed Solar Assets in Europe

TotalEnergies SE has sold its 170-megawatt portfolio of distributed solar generation assets in Europe. The assets were acquired by Amarenco and AMPYR Distributed Energy, who will continue operations and supply existin...

Madbouly: Egypt’s LNG Assets Anchor Energy Hub Prospects

“Egypt enjoys a promising potential in liquefied natural gas (LNG) complexes, supported by a well‑developed national gas transmission network and a strategic geographic location that links its production areas w...

Azerbaijan’s Absheron Field Secures Gas Sales Agreement with Regional Partners

SOCAR, Azerbaijan’s state-owned oil and gas company, together with France’s TotalEnergies, a global energy major listed in Paris, ADNOC International, the overseas arm of Abu Dhabi National Oil Company, and Türkiye...

TotalEnergies to Resume Gas Exploration in Egypt, Eyes Western Mediterranean

The French energy major, TotalEnergies, signed a memorandum of understanding (MoU) with the Egyptian Natural Gas Holding Company (EGAS) to cooperate on natural gas exploration in the Western Mediterranean. The agreeme...

TotalEnergies, QatarEnergy, ConocoPhillips to Evaluate Offshore Syria Block

TotalEnergies, the French energy major, alongside partners QatarEnergy, the Qatari state energy company, and ConocoPhillips, the US oil producer, have signed a Memorandum of Understanding (MoU) with the Syrian Petrole...

Egypt, TotalEnergies Near MoU on Herodotus Gas Exploration

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

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

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

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