TotalEnergies SE (TTE): TotalEnergies - Angola: Start-up of the New G...

TotalEnergies SE

TotalEnergies - Angola: Start-up of the New Gas Consortium Quiluma Offshore Gas Field | Company Announcement | Investegate Fundraise Welcome About Contact Us Help Home Companies Advanced search Archive UK Short Positions Meetings UK Newswire New Login Register TotalEnergies - Angola: Start-up of the New Gas Consortium Quiluma Offshore Gas Field Summary by AI BETA Close X TotalEnergies has announced the commencement of production from the Quiluma field in Angola, in which it holds an 11.8% stake. This marks the first non-associated gas field development in Angola, expected to supply approximately 330 million cubic feet of gas daily, equivalent to 2 million tons of LNG annually, to the Angola LNG plant for European and Asian markets. This development is crucial for Angola's long-term LNG export capabilities and strengthens TotalEnergies' presence in the country, where it has been active since 1953. Disclaimer* TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the start of production from the Quiluma field, in which the Company holds an 11.8% interest alongside its partners Azule Energy (37.4%, operator), Cabinda Gulf Oil Company (31%) and Sonangol E&P (19.8%). This is the first development of a non-associated gas field in Angola and the gas produced will be a stable and important source of gas supply for the Angola LNG plant that is delivering LNG to both the European and Asian markets. At plateau, the project will produce around 330 million cubic feet per day of gas, equivalent to approximately 2 million tons of LNG per year. “By ensuring a sustainable long term gas supply for the Angola LNG plant, the project strengthens Angola’s ability to supply LNG to international markets in the long run, including Europe and Asia,” stated Mike Sangster, Senior Vice-President Africa, Exploration & Production at TotalEnergies. About TotalEnergies in Angola TotalEnergies has been present in Angola since 1953 and today employs around 1,500 people across different business segments. With a diversified portfolio, deep offshore operated assets representing more than 45% of the country’s oil production, service stations in partnership with Sonangol and renewable energy projects, TotalEnergies in Angola is a key player in supporting the country’s sustainable energy transition. About TotalEnergies TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, 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. X: @TotalEnergies LinkedIn: TotalEnergies Facebook: TotalEnergies Instagram: TotalEnergies 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). TotalEnergies Contacts Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com View source version on businesswire.com: https://www.businesswire.com/news/home/20260316193604/en/ AI Summary Disclaimer BETA &times; The content you are viewing has been generated or assisted by artificial intelligence (AI). While efforts are made to ensure accuracy and clarity, AI-generated text may contain inaccuracies, outdated information, or subjective interpretations. This content is intended for general informational purposes only and should not be considered professional advice or factual confirmation. We encourage you to independently verify any information provided, especially if it will be relied upon for making decisions or taking action. Any reliance you place on this material is strictly at your own risk. 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