Bridging the Gap: Collaborating with IOCs and NOCs for Safer, Smarter Infrastructure
Introduction According to a report by the International Energy Agency (IEA), in 2024, out of the $110 billion USD invested across Africa, almost 65% was allocated to fossil fuel-based power, with the remainder directed toward renewable energy technologies. This data highlights the challenges Africa faces in meeting the Sustainable Development Goals (SDGs). While renewable energy […]
The Future of Asset Integrity Management in Africa’s Energy Sector
Africa, the second-largest and second-most populous continent, is a region of immense potential. Its vast, untapped natural resources, coupled with a young and growing population, are driving rapid economic growth and urbanisation. As African nations push for industrialisation and electrification, energy demand is projected to more than double by 2030 and increase eightfold by 2050. […]
TotalEnergies: First oil of Mero-4
TotalEnergies announces one of the first oil from the fourth development phase of the Mero field on the Libra block, located 180 kilometres off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August 2021, this new phase, called “Mero-4”, will connect 12 wells to the new […]
TotalEnergies Acquires Three TexGen Gas-Fired Power Plants In Texas
As part of its development as an integrated electricity player, TotalEnergies has signed an agreement with the American company TexGen for the acquisition for an amount of 635 million dollars for three gas plants representing 1.5 GW of electricity generation capacity in Texas. Connected to the Texas ERCOT ( Electric Reliability Council of Texas) network, the second […]
TotalEnergies partners ADNOC for Fuel Distribution
The partnership between TotalEnergies and ADNOC has been further strengthened following the signing by ADNOC Distribution of an agreement to acquire a 50% stake in TotalEnergies Marketing Egypt LLC for a consideration of approximately $200 million. This new transaction follows the signing of the strategic partnership agreement signed by TotalEnergies and ADNOC on the occasion […]
Veolia partners TotalEnergies to construct the solar PV system for a desalination plant
TotalEnergies and Veolia have signed an agreement to start the construction of the largest solar photovoltaic (PV) system providing power for a desalination plant in Oman, in the city of Sur. The power plant will be located on the site of the Sharqiyah Desalination plant, which is a reference in Oman and in the gulf […]
Cathay Innovation drives Industrial, societal transformation through Euro 1Bn VCF
California based Cathay Innovation recently announced the launch of its third venture capital fund, a Euro 1B global fund investing in startups accelerating the sustainable transformation of industries and society. At close, Cathay Innovation Fund III could be one of the largest multi-stage venture capital funds globally and is backed by institutional investors and multinational corporations […]
