TotalEnergies

NextDecade Reaches FID on Rio Grande LNG First Phase, Gives Bechtel Notice to Proceed

NextDecade Reaches FID on Rio Grande LNG First Phase, Gives Bechtel Notice to Proceed

NextDecade Corp. has officially reached a final investment decision (FID) and given a notice to proceed on construction of the first phase of its Rio Grande LNG (RGLNG) facility. The Houston-based company disclosed Wednesday afternoon that it had secured $18.4 billion for the 17.6 million metric ton/year (mmty) first phase, making it what the company…

July 12, 2023
NextDecade Says Equity, SPA Agreements with TotalEnergies, GIP Clear Path to FID This Month

NextDecade Says Equity, SPA Agreements with TotalEnergies, GIP Clear Path to FID This Month

NextDecade Corp. has disclosed agreements with Global Infrastructure Partners (GIP) and TotalEnergies, and now expects to reach a final investment decision (FID) for the Rio Grande LNG project in deep South Texas later this month. GIP has agreed to take an undisclosed majority stake in the first three liquefaction trains of the proposed Texas export…

June 14, 2023
TotalEnergies, TES Strike Deal to Advance U.S. Synthetic Natural Gas Project

TotalEnergies, TES Strike Deal to Advance U.S. Synthetic Natural Gas Project

TotalEnergies SE is teaming up with Belgian start-up Tree Energy Solutions (TES) to build a synthetic natural gas plant that tentatively could be sited in Texas. Fueled by carbon dioxide (CO2) and renewable hydrogen, the project as envisioned would produce 100,000-200,000 metric tons/year of electric natural gas, aka e-NG.  “This synthetic fuel will contribute to…

June 7, 2023
Mozambique LNG Partners Commit $200M to Develop Region in Sign Project Work Could Restart

Mozambique LNG Partners Commit $200M to Develop Region in Sign Project Work Could Restart

TotalEnergies SE said Tuesday that Mozambique LNG project sponsors would establish a $200 million foundation for socio-economic development in the province of Cabo Delgado to better stabilize the region where the export plant would be located.  Work on the $20 billion project was suspended in 2021 amid a rise in violence from militants with ties…

May 23, 2023
FLNG Gaining Traction in Sub-Saharan Africa as Onshore Natural Gas Plans Languish

FLNG Gaining Traction in Sub-Saharan Africa as Onshore Natural Gas Plans Languish

Depending on politics and investments, Sub-Saharan Africa (SSA) natural gas producers have a chance to become globally competitive LNG exporters within the next decade. As Europe seeks to replace gas supplies previously supplied by Russia, the continent has turned to SSA for additional volumes. Many liquefied natural gas projects in the region, though, are unlikely…

May 18, 2023
Drop in European Natural Gas Demand Weighs on TotalEnergies First Quarter Results

Drop in European Natural Gas Demand Weighs on TotalEnergies First Quarter Results

TotalEnergies SE said its LNG sales slipped in the first quarter as a result of lower spot volumes linked to a decline in European demand during a mild winter. The company, a major global liquefied natural gas player, reported selling 11 million tons of the super-chilled fuel during the period, down 13% sequentially and 17%…

April 28, 2023
Iran Faces Uphill Battle in Push to Revive LNG Export Projects

Iran Faces Uphill Battle in Push to Revive LNG Export Projects

Despite holding the world’s second largest natural gas reserves and having Russia as a new partner, Iran faces challenges to revive one of its three LNG export projects. Iran, the world’s third largest gas producer, shares the giant North Dome/South Pars field with Qatar, but it has fallen far behind in developing its reserves to…

March 29, 2023
TotalEnergies CEO Touts Critical Role of Natural Gas as Global Energy Demand Grows

TotalEnergies CEO Touts Critical Role of Natural Gas as Global Energy Demand Grows

The chief executive of TotalEnergies SE said natural gas is vital to ensure energy reliability now and for years to come as the world population swells and economies advance, driving demand that exceeds the realistic potential of renewable fuels in the foreseeable future. “We need to continue to produce it…Gas is good,” TotalEnergies CEO Patrick…

March 8, 2023
TotalEnergies, Partners Progress Designs for Papua New Guinea LNG Expansion

TotalEnergies, Partners Progress Designs for Papua New Guinea LNG Expansion

TotalEnergies and its partners are moving forward with the front-end engineering and design process for a potential 4 million metric tons/year (mmty) expansion at the PNG LNG facility in Papua New Guinea. After completing feasibility studies for the project, TotalEnergies disclosed Tuesday that they were progressing plans to build an additional four trains at the…

March 7, 2023

Contractor Expects Mozambique LNG Work to Resume in July – The Offtake

Italian engineering contractor Saipem SpA said this week it has agreed to restart work in July on TotalEnergies SE’s Mozambique LNG project. The 12.9 million metric tons/year project was suspended in 2021 amid rising violence in the area.

March 2, 2023