0001104659-21-120925.txt : 20210930 0001104659-21-120925.hdr.sgml : 20210930 20210930060109 ACCESSION NUMBER: 0001104659-21-120925 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 70 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20210930 DATE AS OF CHANGE: 20210930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TotalEnergies SE CENTRAL INDEX KEY: 0000879764 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10888 FILM NUMBER: 211293467 BUSINESS ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: LA DEFENSE 6 CITY: COURBEVOIE STATE: I0 ZIP: 92400 BUSINESS PHONE: 33147444546 MAIL ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: ARCHE NORD COUPOLE/REGNAULT CITY: PARIS LA DEFENSE CEDEX STATE: I0 ZIP: 92078 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SE DATE OF NAME CHANGE: 20200717 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL S.A. DATE OF NAME CHANGE: 20121204 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SA DATE OF NAME CHANGE: 20030508 6-K 1 tm2128682d1_6k.htm FORM 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

September 30, 2021 

Commission File Number 001-10888

 

 

 

TotalEnergies SE

(Translation of registrant’s name into English)

 

 

 

2, place Jean Millier

La Défense 6

92400 Courbevoie

France
(Address of principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  x        Form 40-F  ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

 

TotalEnergies SE is providing on this Form 6-K a description of certain recent developments relating to its business.

 

 

 

EXHIBIT INDEX

 

Exhibit No.  Description
    
Exhibit 99.1  TotalEnergies Wins the City of Antwerp Public Tender for the Installation and Operatorship of New Electric Vehicle Charge Points (September 1, 2021)
    
Exhibit 99.2  Iraq: TotalEnergies signs major agreements for the sustainable development of the Basra region natural resources (September 6, 2021)
    
Exhibit 99.3  Appointment to the Executive Committee of TotalEnergies (September 8, 2021)
    
Exhibit 99.4  TotalEnergies and Air Liquide Partner to Develop Low-Carbon Hydrogen Production in the Normandy Industrial Basin (September 14, 2021)
    
Exhibit 99.5  Floating offshore wind: TotalEnergies, Green Investment Group and Qair join forces to bid for the Southern Brittany tender (September 23, 2021)
    
Exhibit 99.6  Stellantis and TotalEnergies welcome Mercedes-Benz as a new partner of Automotive Cells Company (ACC) and raise its capacity plan to at least 120 GWh by 2030 (September 24, 2021)
    
Exhibit 99.7  TotalEnergies is Official Title Sponsor of BWF Major Championships until 2025 (September 24, 2021)
   
Exhibit 99.8  TotalEnergies and Safran Create a Strategic Partnership to Accelerate the Decarbonization of the Aviation Industry (September 27, 2021)
    
Exhibit 99.9  In view of the COP26, TotalEnergies contributes to the Energy Transition Dialogue by publishing the “Energy Landscape” and the “TotalEnergies Energy Outlook 2021” (September 27, 2021)
    
Exhibit 99.10  TotalEnergies joins forces with China Three Gorges Corporation to Develop More than 11,000 High Power Charge Points for Electric Vehicles in Wuhan and Hubei Province (September 28, 2021)
    
Exhibit 99.11  2021 Strategy & Outlook presentation (September 28, 2021)
    
Exhibit 99.12  Offshore wind: TotalEnergies, Green Investment Group and RIDG reveal west of Orkney ScotWind bid in Scotland (September 29, 2021)
    
Exhibit 99.13 

Sustainable Development in the Russian Arctic: Total Energies Commits to the Protection of Biodiversity in the Arctic LNG 2 Project (September 30, 2021)

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

TotalEnergies SE

 

 

 

 

Date: September 30, 2021 By: /s/ ANTOINE LARENAUDIE
    Name: Antoine LARENAUDIE
    Title: Group Treasurer

 

 

EX-99.1 2 tm2128682d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

 

 

 

 

TotalEnergies Wins the City of Antwerp Public Tender

for the Installation and Operatorship of

New Electric Vehicle Charge Points

 

 

 

Brussels, September 1, 2021 – The City of Antwerp, Belgium's second-largest city, has awarded the extension and development of its public charging network for Electric Vehicles (EV) to TotalEnergies. As part of this exclusive contract, the largest to date awarded in the country, TotalEnergies will expand the existing network of the city of Antwerp by installing new EV charge points by 2024, including high power charge.

 

Awarded until 2034 for standard charging points (22 kW) and until 2038 for high power charge points, the contract covers the supply, the installation, the technical and commercial operation of the public charging network. The entire electricity needs of this network will be covered by green electricity produced by TotalEnergies, notably from offshore wind farms, allowing Antwerp’s EV users to benefit from a 100% renewable electricity charge for their vehicles.

 

"We are very pleased to have been entrusted by the City of Antwerp with this concession over the coming years, and we will use our expertise to support the evolution of mobility for its citizens. This success strengthens TotalEnergies' ambition to further accelerate its transformation into a broad energy company," underlined Alexis Vovk, President Marketing & Services at TotalEnergies. "In Belgium, as in other markets where we are expanding into electric mobility, we are committed to providing a user experience and electric charging services that meet our customer’s expectations.”

 

“We are very pleased with this agreement. Based on realistic forecasts, it allows us to meet the needs for charging infrastructures in Antwerp, while at the same time responding rapidly and efficiently to the concrete questions posed by the development of electric mobility in the city," said Koen Kennis, First Alderman in charge of mobility for the city of Antwerp. "The city of Antwerp and its citizens are indeed very keen to allow a judicious and reasonable deployment of charging stations in the streets, in order to preserve the urban aesthetics, while keeping a fair number of parking spaces for the inhabitants.”

 

This new contract strengthens TotalEnergies' position as a key player in electric mobility in Europe, in line with its ambition to operate more than 150,000 EV charge points by 2025. As the operator of the public network Charge.Brussels and of medium & high-power charge points at its service-stations, TotalEnergies is already a recognized player in electric mobility in Belgium. With Antwerp, the Company pursue its development in World's major cities, with a large portfolio charge points currently in operation or in the process of being installed: Amsterdam and its region (22,000), Paris (2,300), London (1,700), Singapore (1,500) …

 

 

____

 

 

 

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

TotalEnergies Belgium Contact

Pascal de Crem: +32 475 76 55 19 | pascal.de-crem@totalenergies.com

 

 

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

EX-99.2 3 tm2128682d1_ex99-2.htm EXHIBIT 99.2

 

Exhibit 99.2 

 
  

 

Iraq: TotalEnergies signs major agreements for the sustainable development of the Basra region natural resources

 

Paris, September 6, 2021 – TotalEnergies, the Iraqi Ministries for oil and electricity, and the country's National Investment Commission have signed, in the presence of the Prime Minister of Iraq, major agreements covering several projects in the Basra region, designed to enhance the development of Iraq's natural resources to improve the country’s electricity supply. Iraq, a country rich in natural resources, is indeed experiencing electricity shortages while it faces a sharp increase in demand from the population.

 

TotalEnergies, with the support of the Iraqi authorities, on the one hand will invest in installations to recover gas that is being flared on three oil fields and as such supply gas to 1,5 GW of power generation capacity in a first phase growing to 3 GW in a second phase, and, on the other hand, will also develop 1 GWac of solar electricity generation capacity to supply the Basra regional grid.

 

These agreements include:

 

·The construction of a new gas gathering network and treatment units to supply the local power stations, with TotalEnergies also bringing its expertise to optimize the oil and gas production of the Ratawi field, by building and operating new capacities.

 

·The construction of a large-scale seawater treatment unit to increase water injection capacities in southern Iraq fields without increasing water withdrawals as the country is currently facing a water-stress situation. This water injection is required to maintain pressure in several fields and as such will help optimizing the production of the natural resources in the Basra region.

 

·The construction and operation of a photovoltaic power plant with a capacity of 1 GWp to supply electricity to the grid in the Basra region.

 

These projects represent a total investment of approximately $10 billion (100% share).

 

“These agreements signal our return through the front door to Iraq, the country where our Company was born in 1924. Our ambition is to assist Iraq in building a more sustainable future by developing access to electricity for its people through a more sustainable use of the country’s natural resources such as: reduction of gas flaring that generates air pollution and greenhouse gas emissions, water resource management and development of solar energy,” said Patrick Pouyanné, TotalEnergies' Chairman and CEO. “This project perfectly illustrates the new sustainable development model of TotalEnergies, a multi-energy Company which supports producing countries in their energy transition by combining the production of natural gas and solar energy to meet the growing demand for electricity. It also demonstrates how TotalEnergies can leverage its unique position in the Middle East, a region where the lowest-cost hydrocarbons are produced, to gain access to large-scale renewable projects”, he added.

 

 

 

 

____

 

TotalEnergies in Iraq

 

In Iraq, TotalEnergies started its activities in the 1920s with the discovery of Kirkuk field. In the 1970s, TotalEnergies brought the Buzurgan and Abu Ghirab fields on stream. The company currently has a 22.5% interest in the Halfaya oil field producing approximately 20,000 barrels per day (TotalEnergies’ share) in 2020.

 

TotalEnergies sells lubricants in Iraq through distributors on the local retail market. Our affiliate Saft takes part in calls for tender as a subcontractor.

 

About TotalEnergies

 

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

TotalEnergies Contacts

 

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

Cautionary Note

 

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

Cautionary Note to U.S. Investors — The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to separately disclose proved, probable and possible reserves that a company has determined in accordance with the SEC rules. We may use certain terms in this press release, such as resources, that the SEC’s guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 1-10888 available from us at TotalEnergies SE — Tour Coupole — 2, place Jean Millier — Arche Nord Coupole/Regnault — 92078 Paris La Défense Cedex — France, or at our website: www.totalenergies.com. You can also obtain this form from the SEC by calling 1-800-SEC-0330 or on the SEC’s website: www.sec.gov.

 

 

 

EX-99.3 4 tm2128682d1_ex99-3.htm EXHIBIT 99.3

  

Exhibit 99.3

 

 

 

 

 

 

Appointment to the Executive Committee of TotalEnergies

 

 

 

Paris, September 8 2021 – As part of the deployment of TotalEnergies’ new organization, effective September 1, 2021:

 

·Nicolas Terraz is appointed President, Exploration & Production, member of the Executive Committee, replacing Arnaud Breuillac, who becomes Senior Advisor to the Chairman and Chief Executive Officer. Henri-Max Ndong-Nzue replaces Nicolas Terraz as Senior Vice President Africa for Exploration & Production.

 

·Namita Shah, member of the Executive Committee, is appointed President, OneTech. In addition, she will supervise the work of People & Social Engagement, headed by Agnieszka Kmieciak.

 

·Helle Kristoffersen, member of the Executive Committee, is appointed President, Strategy & Sustainability. She will supervise the work of TotalEnergies Global Services.

 

We are delighted to welcome Nicolas Terraz, the new President of Exploration & Production, to the Executive Committee. I want to thank very warmly Arnaud Breuillac for E&P’s performance and resilience since 2014 under his leadership,” said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies. “In addition, the Executive Committee has decided to bring together all of our technical teams in charge of operations and projects and our R&D teams within a single cross-Company unit called OneTech. Namita Shah, who has shown her effective management skills as President of People & Social Responsibility, will lead this reorganization. With OneTech, we are resolutely gearing up to accelerate our transformation into a broad energy company.”

 

TotalEnergies’ Executive Committee now consists of:

 

·Patrick Pouyanné, Chairman and Chief Executive Officer
·Helle Kristoffersen, President, Strategy & Sustainability
·Stéphane Michel, President, Gas, Renewables & Power
·Bernard Pinatel, President, Refining & Chemicals
·Jean-Pierre Sbraire, Chief Financial Officer
·Namita Shah, President, OneTech
·Nicolas Terraz, President, Exploration & Production
·Alexis Vovk, President, Marketing & Services

 

 

 

 

Nicolas Terraz:

 

Nicolas Terraz started his career in the French Ministries of Industry (1994-1997) and Public Works and Transportation (1997-2001) and joined TotalEnergies in 2001.

 

After holding positions in France and in Qatar, Nicolas Terraz served as Managing Director of Total E&P Myanmar (2008-2011), Managing Director of Total E&P France (2011-2014), Vice President New Ventures for Exploration and Production (2014-2015) and Managing Director of Total Upstream Companies in Nigeria (2015-2019).

 

In 2019, Nicolas Terraz was appointed Senior Vice President Africa and a member of the management committee of the Exploration & Production segment of TotalEnergies.

 

Born in 1969, Nicolas Terraz is a graduate of the Ecole Polytechnique and the Ecole Nationale des Ponts et Chaussées and earned a Master of Science in Technology and Policy from the Massachusetts Institute of Technology.

 

Namita Shah:

 

Namita Shah began her career as an Associate Attorney at Shearman & Sterling, a New York law firm, where she spent eight years providing advice and supervising transactions including those involving financing of pipeline and power plant companies.

 

She joined TotalEnergies in 2002 as a Legal Counsel in the E&P mergers and acquisitions team. In 2008 she joined the New Business team, where she was responsible for business development in Australia and Malaysia. She held this position until 2011, when she moved to Yangon as General Manager, TotalEnergies E&P Myanmar. On July 1, 2014, she was appointed Senior Vice President, Corporate Affairs, Exploration & Production.

 

On July 1, 2016, Namita Shah was appointed President, People & Social Responsibility and member of the Executive Committee.

 

Indian and French, Namita Shah is a graduate of Delhi University and the New York University of Law.

 

Helle Kristoffersen:

 

Helle Kristoffersen began her career in 1989 at the investment bank Lazard Frères. In 1991, she moved to the transportation and logistics company Bolloré. In 1994, she joined Alcatel, where she continued her career until 2010. She served as Alcatel’s and then Alcatel-Lucent’s Senior Vice President, Strategy.

 

Helle Kristoffersen joined TotalEnergies in January 2011 as Deputy Senior Vice President and then Senior Vice President, Strategy & Business Intelligence. On September 1, 2016, she became Senior Vice President, Strategy & Corporate Affairs, in Gas, Renewables & Power.

 

In 2019, she was appointed President, Strategy & Innovation and a TotalEnergies Executive Committee member.

 

A dual Danish and French national, Helle Kristoffersen is a graduate of the Ecole Normale Supérieure and the Paris Graduate School of Economics, Statistics and Finance (ENSAE) and holds a master's degree in econometrics from Université Paris 1. She is an alumna of the Institute for Higher National Defense Studies (IHEDN) and a Knight of the Legion of Honor.

 

 

 

 

Agnieszka Kmieciak:

 

Agnieszka Kmieciak began her career at PSA Peugeot Citroen in Warsaw, Poland. She joined Schlumberger in 2000 where she held a succession of senior leadership positions in HR including HR Director Production Group, Global Talent Management and Workforce Planning and North America Shared Services. Earlier in her career at Schlumberger she held various management positions in HR, Operations and Business Consulting in North America, Europe and North Africa.

 

In 2018 she joined TechnipFMC as Executive Vice President People & Culture where she led the HR function as well as Global Business Services.

 

Polish national, Agnieszka Kmieciak is graduated from CELSA Paris-Sorbonne.

 

 

 

 

____

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

 

EX-99.4 5 tm2128682d1_ex99-4.htm EXHIBIT 99.4

 

Exhibit 99.4

 

 

 

 

 

TotalEnergies and Air Liquide Partner to Develop Low-Carbon

Hydrogen Production in the Normandy Industrial Basin

 

Paris, September 14, 2021 – TotalEnergies and Air Liquide are joining forces to decarbonize hydrogen production at TotalEnergies’ Normandy platform in France. This project will enable in time for the supply to TotalEnergies by Air Liquide of low-carbon hydrogen by relying on Air Liquide's hydrogen network in Normandy and the implementation of a large-scale CO2 capture and storage solution (CCS). In line with the objective of both companies to get to net zero by 2050, this ambitious project is part of a sustainable development approach which will help develop a low-carbon hydrogen ecosystem in the Axe Seine / Normandy, progressively supported by technologies such as CCS and electrolysis.

 

Reducing Carbon Emissions

 

Under a long term contract agreement, Air Liquide will take over and operate the 255 tons-per-day hydrogen production unit at the TotalEnergies platform in Normandy. Connecting the unit to Air Liquide’s hydrogen network will enable to optimize its performance and, ultimately, develop the world’s first low-carbon hydrogen network. The network already includes a hydrogen production facility in Port-Jérôme equipped with Air Liquide’s Cryocap TM carbon capture solution since 2015. Air Liquide is considering adding a large-scale unit to produce renewable hydrogen via electrolysis.

 

In addition, the companies will launch development studies to deploy a carbon capture and storage (CCS) project to decarbonize the hydrogen produced in this unit at the Normandy platform. Air Liquide would install its Cryocap™ process to capture CO2, while TotalEnergies handle transportation and storage of the captured CO2, notably through the Northern Lights (Norway) and Aramis (Netherlands) CCS projects being developed in the North Sea.

 

In the long term, the implementation of these projects would reduce the carbon emissions from the unit’s hydrogen production by approximately 650,000 tons of CO2 per year by 2030.

 

Decarbonizing the Normandy Industrial Basin

 

This cooperation between Air Liquide and TotalEnergies is aligned with their shared ambition to help decarbonize industrial operations in the “Axe Seine/Normandy”. Along with other industrial companies, the partners signed a Memorandum of Understanding announced in July 2021, to develop carbon capture and storage infrastructure in Normandy with the goal of reducing CO2 emissions by up to 3 million tons per year by 2030.

 

Bernard Pinatel, President, Refining & Chemicals and Member of the Executive Committee of TotalEnergies, said: “This planned investment at our Normandy platform will enhance its industrial competitiveness and secure its long-term future. We are delighted to partner with Air Liquide on low-carbon hydrogen projects so we can work together on reducing the carbon emissions from our industrial operations. These projects contribute to the collective effort launched in the Le Havre industrial zone and the Axe Seine. This is fully aligned with TotalEnergies’ ambition to get to net zero emissions by 2050.”

 

 

 

 

François Jackow, Executive Vice President and a Member of the Air Liquide Group’s Executive Committee supervising Europe Industries activities, said: “Decarbonizing industry is a major challenge. The large range of solutions we have developed enable us to support our customers in their path towards energy transition. We have worked with TotalEnergies for many years, and are pleased to strengthen our partnership today with the deployment of solutions that will provide the Normandy industrial basin with a low-carbon hydrogen network in the years ahead. In line with our objective to reach carbon neutrality by 2050, Air Liquide is acting now to develop low-carbon and renewable hydrogen production and build a more sustainable future.”

 

Under French law, the proposed transfer of the hydrogen production unit to Air Liquide is subject to the process for notifying and consulting employee representatives of the TotalEnergies Normandy platform, and to the approval from the competent authorities.

 

***

 

About Air Liquide

A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 78 countries with approximately 64,500 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.

Air Liquide’s ambition is to be a leader in its industry, deliver long term performance and contribute to sustainability - with a strong commitment to climate change and energy transition at the heart of its strategy. The company’s customer-centric transformation strategy aims at profitable, regular and responsible growth over the long term. It relies on operational excellence, selective investments, open innovation and a network organization implemented by the Group worldwide. Through the commitment and inventiveness of its people, Air Liquide leverages energy and environment transition, changes in healthcare and digitization, and delivers greater value to all its stakeholders.

Air Liquide’s revenue amounted to more than 20 billion euros in 2020. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, EURO STOXX 50 and FTSE4Good indexes.

 

TotalEnergies and CCUS (Carbon Capture Utilisation Storage)

In line with its ambition to get to net zero by 2050 together with society, TotalEnergies priority is to first avoid and then reduce its own emissions to a minimum. CCS technologies complement this approach by capturing and storing the company’s residual emissions and those of its customers. For this reason, TotalEnergies is fully committed to developing the CCUS value chain with 10% of its annual global R&D budget devoted to this field. TotalEnergies' ambition is to store at least 5 million tons of CO2 per year by 2030, notably, thanks to industrial CCS projects such as Northern Lights in Norway.

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables, and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

Air Liquide Contacts

 

Corporate Communications: media@airliquide.com

Investor Relations: IRTeam@airliquide.com

 

TotalEnergies Contacts

 

Media Relations: +33 1 47 44 46 99 | presse@totalenergies.com

Investor Relations: +44 (0)207 719 7962 | ir@totalenergies.com

 

 

 

 

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

EX-99.5 6 tm2128682d1_ex99-5.htm EXHIBIT 99.5

 

Exhibit 99.5  

 

 

PRESS RELEASE

 

 

Floating offshore wind: TotalEnergies, Green Investment Group and
Qair join forces to bid for the Southern Brittany tender

 

 

Paris, 23 September 2021 – A consortium of TotalEnergies, Green Investment Group (GIG) and Qair has been pre-selected by the Direction Générale de l’Energie et du Climat (“DGEC”) to participate in an upcoming competitive tender for the development of a floating wind farm of up to 270 MW in Southern Brittany. Through the tender, the consortium will bid to develop a project that will produce enough green energy to power the equivalent of 250,000 homes across France.

 

The consortium believes the Southern Brittany tender round is a key step in the deployment of this new technology and will help foster the development of a cutting-edge industry in France.

 

A sustainable development opportunity for Brittany

 

TotalEnergies, GIG and Qair are committed to working closely with local stakeholders and utilizing the local supply chain wherever possible to maximise the economic benefits to the regions of Brittany.

 

A key consortium

 

The consortium intends to leverage the member’s unique mix of local knowledge, financial expertise, technical proficiency, their experience in renewable energy, as well as their ambitions for the growth of the floating offshore wind sector:

 

   · TotalEnergies, a broad energy company, has expertise in offshore operations and maintenance thanks to its historical activities. TotalEnergies is already developing and building offshore wind projects with a cumulative capacity of approximately 6 GW, including three floating offshore wind projects in Europe and Asia.

 

   · Green Investment Group is a global leader in green energy investment and development, which has committed over €30 billion to the sector to date. With a total global portfolio of 14 GW, GIG is one of the world's largest players in the offshore wind sector.

 

   · Qair, an independent producer of exclusively renewable energy and a pioneer in floating wind power in France, has more than 30 years of experience in the field and a strong local presence in France.

 

 

A proven track record

 

This joint bid is based on a productive history between the members of the consortium: 

   · Over 2 GW of floating wind projects in South Korea (GIG and TotalEnergies),
   · the 1.5 GW bottom-fixed Outer Dowsing offshore wind project in the UK (GIG and TotalEnergies),
   · the Eolmed floating offshore wind pilot project in France (Qair and TotalEnergies)

 

 

 

 

"We are delighted to join forces with our partners Qair and GIG once again, to contribute to the French energy transition and the development of the Brittany region. Thanks to our expertise in offshore projects and the development of renewable projects, we have the resources to meet the technical and financial challenges of the project." said Julien Pouget, Senior Vice President Renewables at TotalEnergies

 

“The deployment of floating offshore wind at scale is critical to realizing the full potential of France, and the world’s, wind resource. With its deep waters and industrial heritage, Brittany is fantastically placed to unlock this new sector, creating significant job and investment opportunities.” said Edward Northam, Head of GIG Europe

 

“We are pleased to bring together our complementary expertise in the development, financing, construction and operation of renewable energy projects to contribute to the growth of the French floating offshore wind industry, built around an industrial project anchored in Brittany.” said Louis Blanchard, President of Qair

 

 

***

 

TotalEnergies, renewables and electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity that should account for up to 40% of its sales by 2050. At the end of 2020, TotalEnergies’ gross power generation capacity worldwide was around 12 GW, including 7 GW of renewable energy. TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources by 2025, and then 100 GW by 2030 with the objective of being among the world's top 5 in renewable energies.

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

About GIG

Macquarie’s Green Investment Group (GIG) is a specialist in green infrastructure principal investment, project development and delivery, green impact advisory and the management of portfolio assets. Its track record, expertise and capability make it a global leader in green investment and development, dedicated to accelerating the green transition. Initially launched by the UK Government in 2012 as the Green Investment Bank, it was the first institution of its type in the world. It was purchased by Macquarie in 2017 and combined with Macquarie Capital’s renewables team to create one of the world’s largest teams of specialist green infrastructure developers and investors. Now operating as the Green Investment Group, the business and its operating platforms have investments or operations in over 25 markets, more than 450 staff and a global development pipeline of 30 GW. (www.greeninvestmentgroup.com l www.macquarie.com)

 

About Qair

Qair is an independent producer of exclusively renewable energy developing, financing, constructing, and operating wind, solar, hydroelectric and green hydrogen production projects on own account. Active in 16 countries across Europe, Latin America, Africa and Asia, with its 300 employees committed to the energy transition, Qair’s ambition is to become an independent leader in responsible energy.

Its subsidiary Qair Marine, dedicated to the development of renewable marine energies, mainly owns the EolMed project: a 30 MW floating offshore wind farm off the coast of Gruissan (Aude) and has contributed to the maintenance and operation of FloatGen, the first French floating wind turbine. (www.qair.energy)

 

 

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

 

 

 

GIG Contact

·Corporate Affairs: Lindsay Roberts l +44 7920 212813
lindsay.roberts@greeninvestmentgroup.com

 

Qair Contact

·Communication: communication@qair.energy

 

@TotalEnergies       TotalEnergies      TotalEnergies      TotalEnergies

  

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

 

EX-99.6 7 tm2128682d1_ex99-6.htm EXHIBIT 99.6

 

Exhibit 99.6

 

       

 

 

 

 

 

 

Stellantis and TotalEnergies welcome Mercedes-Benz as a new

partner of Automotive Cells Company (ACC) and raise its capacity

plan to at least 120 GWh by 2030

 

·Mercedes-Benz becomes an equal shareholder of ACC along with Stellantis and TotalEnergies, each with 1/3 equity stake.
·Mercedes-Benz to provide technology and production know-how to Automotive Cells Company (ACC).
·The partners will accelerate ACC’s development with an objective of at least 120 GWh of cell capacity by 2030.

 

 

Paris, 24 September 2021 – Stellantis, TotalEnergies and Mercedes-Benz have entered into agreements to welcome Mercedes-Benz as a new partner of Automotive Cells Company (ACC). The transaction is subject to agreement on definitive documentation and customary closing conditions, including regulatory approvals. Following its entry, the partners commit to increase ACC’s industrial capacity to at least 120 GWh by 2030.

 

ACC results from the initiative taken in 2020 by Stellantis and TotalEnergies, together with its affiliate Saft, and supported by the French, German and European authorities, to create a European battery champion for electric vehicles. The entry of Mercedes-Benz in ACC is a clear demonstration of its industrial progress and of the merits of the project, which it will strengthen.

 

ACC’s objective is to develop and produce battery cells and modules for electric vehicles with a focus on safety, performance and competitiveness, while ensuring the highest level of quality and the lowest carbon footprint. The updated ACC capacity plan will mobilize an investment of more than seven billion euros, which will be supported by subsidies and financed by equity and debt. The creation of this European battery champion will support Europe to address the challenges of the energy transition in mobility, ensure its security of supply of a key component for the electric car industry.

 

ACC will be supported by a winning trio of partners that combine:

·A deep technological expertise in battery development with Saft, the affiliate of TotalEnergies, which has more than 100 years of experience in the field of long-life batteries and battery systems.
·A leading global mobility player with Stellantis that has a clear mission to provide cutting-edge technology to ensure freedom of movement for all through distinctive, appealing, affordable and sustainable mobility solutions.
·The research and development expertise of Mercedes-Benz, along with its support to the expansion of ACC’s production facilities based on the brand’s benchmark quality standards.

 

 

 

 

"Mercedes-Benz pursues a very ambitious transformation plan and this investment marks a strategic milestone on our path to CO2 neutrality. Together with ACC, we will develop and efficiently produce battery cells and modules in Europe – tailor-made to the specific Mercedes-Benz requirements,” says Ola Källenius, CEO of Daimler AG and Mercedes-Benz AG. “This new partnership allows us to secure supply, to take advantage of economies of scale, and to provide our customers with superior battery technology. On top of that, we can help to ensure that Europe remains at the heart of the auto industry – even in an electric era. With Mercedes-Benz as a new partner, ACC aims to more than double capacity at its European sites to support Europe's industrial competitiveness in the design and manufacturing of battery cells.”

 

“We welcome Mercedes-Benz as a strategic partner who shares our ambition to accelerate ACC’s leadership,” said Stellantis CEO Carlos Tavares. “Stellantis' electrification strategy is running full-speed ahead, and today’s announcement is the next step in our plan to be the automotive frontrunner, with all 14 brands committed to offering best-in-class fully electrified solutions that meet demands of customers. This consortium leverages our shared technical expertise and manufacturing synergies, and continues to ensure that Stellantis leads the way the world moves in the most efficient, affordable and sustainable way.”

 

“We are delighted to welcome Mercedes-Benz as a new partner of ACC. This demonstrates the credibility of our initiative taken a year ago with Stellantis and will clearly support our ambition to create a European battery champion. Together, we are bringing all our skills to contribute to the sustainable development of mobility. This new step is another demonstration of TotalEnergies transformation into a broad energy company and of our willingness to extend our footprint in electric mobility. TotalEnergies will draw on the recognized expertise of its subsidiary Saft in batteries and on the industrial know-how of our partners to meet the strong growth of electric vehicles in Europe” said Patrick Pouyanné, TotalEnergies' Chairman and CEO.

 

***

About ACC

Automotive Cells Company (ACC) was founded in August 2020 and to date combines the expertise of three major companies with complementary skills and experience. ACC's ambition is to become the European market leader for car batteries that allow clean and efficient mobility for all. The R&D Center and testing facilities in Nouvelle-Aquitaine are just the beginning. 

 

About Mercedes-Benz
Mercedes-Benz AG is responsible for the global business of Mercedes-Benz Cars and Mercedes-Benz Vans, with over 170,000 employees worldwide. The company focuses on the development, production and sales of passenger cars, vans and vehicle-related services. Furthermore, the company aspires to be the leader in the fields of electric mobility and vehicle software. Mercedes-Benz AG is one of the world's largest manufacturers of luxury passenger cars. In its two business segments, Mercedes-Benz AG is continually expanding its worldwide production network with around 35 production sites on four continents, while gearing itself to meet the requirements of electric mobility. At the same time, the company is constructing and extending its global battery production network on three continents.

 

About Saft

Saft specializes in advanced technology battery solutions for industry, from the design and development to the production, customization and service provision. For more than 100 years, Saft’s longer-lasting batteries and systems have provided critical safety applications, back-up power and propulsion for our customers. Our innovative, safe and reliable technology delivers high performance on land, at sea, in the air and in space. Saft is powering industry and smarter cities, while providing critical back-up functionality in remote and harsh environments from the Arctic Circle to the Sahara Desert. Saft is a wholly owned subsidiary of TotalEnergies, a broad energy group that produces and markets fuels, natural gas and electricity.

We energize the world. www.saftbatteries.com

 

 

 

 

About Stellantis 

Stellantis is one of the world’s leading automakers and a mobility provider, guided by a clear vision: to offer freedom of movement with distinctive, affordable and reliable mobility solutions. In addition to the Company’s rich heritage and broad geographic presence, its greatest strengths lie in its sustainable performance, depth of experience and the wide-ranging talents of employees working around the globe. Stellantis will leverage its broad and iconic brand portfolio, which was founded by visionaries who infused the marques with passion and a competitive spirit that speaks to employees and customers alike. Stellantis aspires to become the greatest, not the biggest, while creating added value for all stakeholders, as well as the communities in which it operates. 

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. 

 

 

ACC contact:

Matthieu Hubert: +33 (0) 6 88 05 16 26, matthieu.hubert@acc-emotion.com

 

Mercedes-Benz contacts:

Aline Meiser: +49 (0) 176 30 900 064, aline.meiser@daimler.com

Heike Rombach: +49 (0) 176 30 922 505, heike.rombach@daimler.com

 

Saft:
Elma Peters: +33 (0) 7 63 46 06 47; elma.peters@saftbatteries.com

 

Stellantis contacts:

Pierre-Olivier Salmon: +33 6 76 86 45 48, pierreolivier.salmon@stellantis.com

Valerie Gillot: +33 6 83 92 92 96, valerie.gillot@stellantis.com

 

TotalEnergies contacts:

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

 

EX-99.7 8 tm2128682d1_ex99-7.htm EXHIBIT 99.7

 

Exhibit 99.7

 

 

 

 

PRESS RELEASE

 

TotalEnergies is Official Title Sponsor of

BWF Major Championships until 2025

 

 

Singapore / Paris, 24 September 2021 - TotalEnergies and the Badminton World Federation (BWF) announced today the renewal of their partnership for another five years until 2025.

 

TotalEnergies will continue to be the title sponsorship partner of BWF Major Championships including the BWF World Championships, BWF Thomas and Uber Cup Finals, and BWF Sudirman Cup Finals. Under the agreement, TotalEnergies will also be the Official Energies Partner and Official Lubricants Partner.

 

From 2021-2025, the TotalEnergies BWF Major Championships will be hosted in China, Denmark, Finland, France, Japan, Spain and Thailand.

 

“TotalEnergies is delighted to extend our long-standing partnership with BWF. Since 2015, this partnership has supported the growth of the badminton sport even amidst the recent Covid-19 challenges,” said Ting Wee LIANG, President, TotalEnergies Asia Pacific & Middle East, Marketing & Services. “The partnership with BWF is an opportunity for us to present TotalEnergies’ broad energy profile to a wider audience. Performance, Precision and Endurance are key attributes of badminton and they also reflect well TotalEnergies’ brand promises for our products and services, including lubricants and mobility solutions. We hope to encourage more to experience these attributes by participating in this exciting sport !”

 

BWF Secretary General Thomas LUND said: “Establishing and maintaining long-term partnerships is essential to the BWF being able to preserve and harness the future relevance of badminton. Without this special relationship that we have with TotalEnergies, especially in Asia, we are unable to host such elite Major Championships and build badminton as the leading global sport that it is. Covid-19 has certainly impacted the sport and our ability to deliver some of our programs but having TotalEnergies on board through this difficult period and into the future has us well positioned to continuing making badminton accessible to as many people as possible. We thank TotalEnergies for this partnership and we look forward to achieving many great things together in the coming years.”

 

BWF’s core goal is to deliver sustainable, world-class badminton programs as it strives to give every child a chance to play for life, whilst allowing all to embrace a positive sporting spirit and a healthy lifestyle.

 

Since 2015, badminton has enjoyed unprecedented growth with 339 million active participants, and 735 million supporters worldwide, with more young people picking up a badminton racket than ever.

 

This agreement was brokered by BWF’s long-term commercial partner, Infront Sports & Media.

 

 

 

 

 

Under the sponsorship renewal, TotalEnergies has naming rights on the following:

 

     2021    TotalEnergies BWF World Championships (Huelva, Spain)

 

     2022    TotalEnergies BWF Thomas and Uber Cup Finals (Bangkok) and TotalEnergies BWF World Championships (Tokyo)

 

     2023    TotalEnergies BWF Sudirman Cup Finals (Suzhou, China) and TotalEnergies BWF World Championships (Copenhagen)

 

     2024    TotalEnergies BWF Thomas and Uber Cup Finals (China)

 

     2025    TotalEnergies BWF Sudirman Cup Finals (Chine) and TotalEnergies BWF World Championships (Paris)

 

 

***

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

@TotalEnergies TotalEnergies   TotalEnergies   TotalEnergies

 

About BWF

The Badminton World Federation (BWF) is the international governing body of the sport of badminton, recognised by the International Olympic Committee (IOC) and the International Paralympic Committee (IPC). It was originally the International Badminton Federation (IBF) which was founded on 5 July 1934, before being rechristened the Badminton World Federation in 2006.

The purpose and objectives of BWF include regulating, promoting, developing and popularising the sport of badminton throughout the world and organising, conducting and presenting international events at the highest level.

The BWF’s vision is to make badminton a leading global sport accessible to all – giving every child a chance to play for life. Its mission is to lead and inspire all stakeholders; to deliver entertainment through exciting events to drive fan experience; and to create innovative, impactful and sustainable development initiatives.

BWF has its headquarters in Kuala Lumpur, Malaysia, with 196 Member Associations worldwide.

Poul-Erik Høyer is the BWF President and Thomas Lund is the BWF Secretary General.

Websites: www.bwfbadminton.com and www.bwfcorporate.com

Facebook: https://www.facebook.com/bwfbadminton

 

About Infront

Connecting fans and consumers to the greatest sports events, Infront, a Wanda Sports Group company, offers everything an event or commercial partner needs to be successful. With a team of around 1,000 experts working from 44 offices across 17 countries around the world, Infront is equipped to tackle any challenge – be it innovative digital solutions, world-class event operations, international media rights distribution, sponsorship sales and activations or cutting-edge media production. Headquartered in Switzerland, Infront is passionate and #AllAboutSports. @infrontsports www.infront.sport

 

 

TotalEnergies Contacts

Adrienne Ser, Vice President, Current Global on behalf of TotalEnergies Marketing Asia-Pacific Middle East Pte Ltd I Mobile: +65 8571 6855 I aser@currentglobal.com

 

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

 

 

 

BWF Contacts

Lloyd Green, Communications & Media Manager I Mobile: +60 19-384 0556 I pressoffice@bwfbadminton.org

Dianne Pierre, Deputy Communications & Media Manager I Mobile: +44 7961 714540 I pressoffice@bwfbadminton.org

 

 

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

 

EX-99.8 9 tm2128682d1_ex99-8.htm EXHIBIT 99.8

 

Exhibit 99.8 

 

 

TotalEnergies and Safran Create a Strategic Partnership to

Accelerate the Decarbonization of the Aviation Industry

 

Paris, September 27, 2021 – TotalEnergies and Safran have signed a strategic partnership agreement to jointly develop technical and commercial solutions for the decarbonization of the aviation industry.

 

In line with the ambition of both companies to reach net zero CO2 emissions by 2050, this major partnership aims to accelerate the reduction of the CO2 emissions of the aviation industry. Sustainable aviation fuel (SAF) plays a key role in this approach.

 

The collaboration will leverage Safran and TotalEnergies’ respective areas of excellence and expertise for the development and deployment of sustainable aviation fuels and develop an informed understanding of the overall value chain and use cases, while integrating the objectives of sustainable development altogether.

 

In the short term, the partnership aims to make current engines compatible with fuel containing up to 100% SAF. Longer term, it will then work to optimize engine/fuel energy efficiency and environmental performance.

 

This collaboration may extend to other fields, such as adapting fuel systems to SAF or developing new-generation battery systems for electric motors.

 

The agreement focuses on three key areas:

 

Research, technology and innovation, with the development of technological bricks validated through ground tests of propulsion systems and demonstrator flight tests of engines.

 

Supply of sustainable aviation fuels produced in France by TotalEnergies to decarbonize Safran’s airplane and helicopter engine tests in France.

 

Dialogue and promotion, through initiatives to raise awareness among public and private players in France, Europe and worldwide.

 

Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, declared: “We are pleased to join forces with Safran to help meet the challenge of decarbonizing the aviation industry together. This strategic alliance will contribute to the emergence of a French value chain for sustainable aviation fuel and electric aircraft. TotalEnergies is resolutely committed to reducing its own carbon emissions and to supporting its customers in their reduction efforts by offering innovative, tailored solutions. We believe that cooperation among all aviation industry players is needed to achieve the objectives of the energy transition to reach carbon neutrality.”

 

 

 

 

Olivier Andriès, Chief Executive Officer of Safran, said: “I welcome this agreement, which is fully in line with Safran’s strategic priority to decarbonize aviation. Our ambition is to develop breakthrough technologies for ultra-efficient engines that are 20% more fuel-efficient than the current LEAP engine and 100% compatible with sustainable fuels. This cooperation with TotalEnergies demonstrates our commitment to limiting our environmental footprint, contributing to carbon neutrality in the aviation industry, and preserving a mode of transportation that delivers essential economic, social and cultural benefits.”

 

Sustainable aviation fuels are an immediately available solution for significantly reducing CO2 emissions from air transportation, as they can be used in blends of up to 50% as of today without modifying existing supply chain infrastructure, aircraft or engines. Safran is a key player in projects that will allow the use of 100% SAF in existing aircraft.

 

French legislation calls for aircraft to use at least 1% SAF by 2022 for all flights originating in France, while the European Commission calls for a ramp up to 2% by 2025 and 5% by 2030 as part of the European Green Deal.

 

***

 

TotalEnergies and Aviation

 

TotalEnergies is one of the leading aviation fuel suppliers in France, the rest of Europe and Africa, providing refueling services to nearly 280 airlines in more than 300 airports worldwide. The Company proposes a full range of products (SAF, Jet A-1, Avgas) and services tailored to each type of customer: business or leisure flights, aviation industry, airports, airlines, etc.

 

TotalEnergies is involved in numerous initiatives to produce and market sustainable aviation fuel in partnership with aviation industry partners. A dedicated Renewable Fuels Business Unit was created in 2021, and a new milestone was reached in May 2021 with the successful first flight of a long-haul aircraft powered by sustainable aviation fuel produced by TotalEnergies in France.

 

By developing and supporting the emergence of a sustainable aviation fuel value chain, TotalEnergies confirms the leadership role played by France and the rest of Europe in driving innovation in the energy and environmental transition.

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

About Safran

Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 76,000 employees and sales of 16.5 billion euros in 2020 and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs aligned with the environmental priorities of its technological innovation roadmap. Safran is listed on the Euronext Paris stock exchange, and is part of the CAC 40 and Euro Stoxx 50 indices. For more information: https://www.safran-group.com/ Follow @Safran on Twitterlogo_twitter.png

 

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

Safran Contacts

Catherine Malek:catherine.malek@safrangroup.com / +33 1 40 60 80 28

Isabelle Javary: isabelle.javary@safrangroup.com / +33 1 40 60 82 20

 

 

 

 

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

 

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

 

EX-99.9 10 tm2128682d1_ex99-9.htm EXHIBIT 99.9

 

 Exhibit 99.9

    PRESS RELEASE

 

 

In view of the COP26, TotalEnergies contributes to the Energy
Transition Dialogue by publishing the “Energy Landscape” and
the “TotalEnergies Energy Outlook 2021”

 

Paris, September 27, 2021 – In view of the forthcoming COP26, multi-energy company TotalEnergies contributes to the Energy Transition discussion with two new documents aiming to provide a better understanding of the global energy system: the “Energy Landscape” and the “TotalEnergies Energy Outlook 2021” (available in English here and in French here).

 

Energy Landscape

 

The “Energy Landscape”, written in collaboration with Capgemini and energy expert Colette Lewiner, aims to provide an overview of the worldwide energy system as of 2021, to enlighten the ongoing energy transition. It provides facts-based information on energy supply and demand and on how to compare energies in an informed way. It also presents the technological progresses that have already been made and those still to come.

 

This document equally provides insights into the climate challenges and the progress needed to ensure a supply of energy that is affordable, reliable, and as carbon-free as possible to limit global warming, a challenge that concerns us all.

 

 

TotalEnergies Energy Outlook 2021

 

Published for a third consecutive year, the TotalEnergies Energy Outlook 2021 reexamines the two core scenarios – Momentum and Rupture – elaborated by TotalEnergies in order to achieve the energy transition by 2050, taking into consideration the current market and societal trends. It also integrates Net Zero pledges unveiled by several countries since the presentation of last year’s Energy Outlook.

 

·Similar to last year, TotalEnergies’ Momentum scenario is a forward-looking approach based on existing decarbonization strategies of net-zero pledged countries, as well as announced targets and NDCs (Nationally Determined Contributions) of other countries. Unlike last year, Momentum incorporates new net-zero-by-2050 pledges of major economies like the US, Japan and South Korea, as well as a more stringent policy framework for the EU and China’s net-zero-by-2060 ambitions. This scenario enables to temperatures’ rise to be limited at around 2,2 – 2,4° C compared to pre-industrial levels.

 

·TotalEnergies’ Rupture is a scenario built to reach the objectives of the Paris Agreement by 2050, with temperatures’ rise well-below 2°C vs pre-industrial levels. It involves large-scale cleantech advancements, higher penetration of new energy carriers and the engagement and actions from all countries to move towards net zero by the middle of the century.

 

“Energy transition is a global debate and there is consequently a necessity for society as a whole to participate,” declared Patrick Pouyanné, Chairman and CEO of TotalEnergies. “With these two documents, in line with our strategy to build a multi-energy company with an ambition to get to Net Zero by 2050 and our wish to put the sustainable development goals at the core of our strategy, TotalEnergies intends to share its understanding of the world of

 

 

 

 

energies, in order to contribute to the decisions that will have to be taken to tackle climate change.”

 

Helle Kristoffersen, President Strategy & Sustainability and member of the Executive Committee, presents these two documents today as an introduction to the Investors Days. This webcast will be streamed live and available for replay at the following address: https://totalenergies.com/investors/results-investor-presentations/investor-presentations

 

 

Below are some of the main assumptions and conclusions from the TotalEnergies Energy Outlook 2021:

 

·Energy efficiency is a key lever shared by all countries and one of a low-hanging fruit. The Momentum scenario takes into account an ambitious path in that matter, similar to the 2020 outlook.

 

·Energy demand grows in Momentum and Rupture, along with the growth of both world population and global economic development. In the meantime, emissions are down in both scenarios, particularly in Momentum, compared to the 2020 outlook with new energy carriers such as electricity in transportation and hydrogen allowing for deeper decarbonization of all sectors.

 

·The ban on single-use plastics from 2040 has been taken into account, in ‘Net Zero 2050 Countries’ in Momentum, and worldwide in Rupture.

 

·The ban on sales of new internal combustion vehicles from 2035 has also been applied to Net Zero 2050 Countries in Momentum. This hypothesis has for consequence a massive electrification of light vehicles and an increased penetration of hydrogen or of hydrogen-based fuels -such as e-fuels-, and of biofuels in other modes of transport.

 

·By extending the ban on sales of new internal combustion vehicles from 2035 to all countries around the world in the Rupture scenario, the TotalEnergies Outlook 2021 introduces a Rupture+ scenario, which allows to limit the temperature rise to 1,5°C.

 

·The end-use demand is met with massive electrification, yielding an increased demand for renewable-based electricity, solar and wind, which considerably increased compared to last year’s outlook.

 

·The assumption of oil plateauing before 2030 and declining thereafter has been integrated in Momentum and Rupture, while natural gas continues to play a role as a transition fuel, particularly when accompanied by carbon capture and methane emissions control solutions, throughout the projected timeframe covered by Momentum and Rupture.

 

·Finally, the incorporation of new net zero pledges in this year’s Momentum, and the ambitious application of equivalent pledges to all countries in Rupture, underscores the importance of a fair transition: one that addresses the challenge of ‘more energy, less emissions’ without penalizing growth and improved living standards in developing countries. The TotalEnergies Energy Outlook wants to address the need for energy to decarbonize , but also to remain globally accessible.

 

 

***

 

 

 

About TotalEnergies 

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

TotalEnergies Contacts 

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR
Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

 

 @TotalEnergies TotalEnergies  TotalEnergies  TotalEnergies

 

 

Cautionary Note 

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

 

EX-99.10 11 tm2128682d1_ex99-10.htm EXHIBIT 99.10

 

Exhibit 99.10

 

  
  

 

PRESS RELEASE

 

TotalEnergies joins forces with China Three Gorges
Corporation to Develop More than 11,000 High Power Charge
Points for Electric Vehicles in Wuhan and Hubei Province

 

Paris / Wuhan, 28 September 2021 – TotalEnergies and China Three Gorges Corporation (CTG, through its two affiliates CTG Capital and CTG Electric Energy) have signed an agreement to establish a Joint Venture in electric mobility in China. This equally owned company will develop Electric Vehicle (EV) high power charging infrastructure and services within the Hubei Province, through the installation and operation of more than 11,000 high power charge points by 2025.

 

This JV will build on TotalEnergies’ worldwide expertise in electric mobility and CTG strong capability in green energy production and supply. The two companies intend to develop co-branded high power charging hubs and standalone stations, open to the general public, equipped with 60 kW to 120 kW power charge points and with an average hosting capacity ranging between 20 to 50 vehicles each. The partners will also build dedicated charging stations on the premises of B2B customers, to meet their needs. Finally, in line with the partners’ respective ambitions to carbon neutrality, the electricity used to power this new network will be produced mostly from renewable sources.

 

The JV’s growth perspectives are supported by China’s ambition to be carbon net neutral by 2060. In a context of a fast-growing energy demand for mobility, the EV penetration rate is expected to increase dramatically over the coming years, requiring a rapid expansion of the existing fast-charging network.

 

“We share common and important visions with China Three Gorges the ambition to reach carbon neutrality, the undeniable willingness to push for renewable power and the enthusiasm to develop electric mobility.” declared Alexis Vovk, President Marketing & Services at TotalEnergies. “Hubei province is a natural ground to launch this cooperation, as both our companies are established there, and to contribute to the development of sustainable mobility in China and to accompany the ongoing growth of Electric Vehicles in the country. This partnership with CTG opens new doors to TotalEnergies for a long term and widened cooperation with a leader of China’s electric energy.”

 

“We are very proud to work with the world leading energy group, TotalEnergies, as we share the common mission of providing clean energies to the world.” said Dr Jin Heping, Chief Information Officer of CTG Group, responsible for Technology and Innovation. “New energy vehicles’ charging is an important part of new infrastructures’ construction. It has a broad development prospect, with a strong demand for technological iteration. There is such demand for technological innovation in the fields of big data platforms, equipment system integration and solar energy storage and charging microgrids. Through the cooperation with TotalEnergies, we would like to extend our upstream expertise in clean power generation and power supply to the downstream retail and mobility services business, while creating at the same time a model of technological innovation in the field of new energy vehicle charging. We

 

 

 

 

are looking forward to learn from each other, and to establish a long-term relationship with TotalEnergies in other energy sectors in China and worldwide.”

 

CTG Corporation, operator of the Three Gorges Dam, is China’s largest clean energy corporation and the world largest hydro-power producer. It has developed more than 30 GW of hydro, wind and solar power generation capacities in China and overseas – namely in Europe – over the past five years. TotalEnergies has been present in Wuhan and in Hubei province since 1995, notably through its network of branded fuel service-stations, its lubricant business and its affiliate Hutchinson.

 

With this announcement, TotalEnergies pursues its development in electric mobility in major cities throughout the world, with a large portfolio of EV charge points currently in operation or in the process of being installed: Amsterdam and its region (22,000), Antwerp (3,000), Paris (2,300), London (1,700). This is also the second development in Asia in recent months, following the acquisition of Singapore largest EV charge network (1,500) in July 2021.

 

***

 

About TotalEnergies 

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

TotalEnergies Contacts 

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

       @TotalEnergies        TotalEnergies       TotalEnergies       TotalEnergies

 

About China Three Gorges Corporation 

China Three Gorges Project Corporation was founded on September 27, 2009. CTG positions itself as a clean energy group focusing on large-scale hydropower development and operation, development of wind power and solar energy among other renewable energies. By the end of 2020, CTG's total installed capacity had reached 140 GW, including already commissioned or under construction capacities and those owned on a minority-equity basis. More specifically, renewable clean energy accounts for 94.7% of the total mix. CTG's overseas investment and contracting business has expanded to over 40 countries and regions in Europe, America, Africa and Southeast Asia, with a total installed capacity over 17 GW. Overseas business has offered a major impetus for the sustainable growth of CTG.

 

Cautionary Note 

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

 

EX-99.11 12 tm2128682d1_ex99-11.htm EXHIBIT 99.11

 

Exhibit 99.11

 

 

PRESS RELEASE

 

2021 Strategy & Outlook presentation

 

Building a sustainable multi-energy Company
Combining energy transition and shareholder return

 

 

Paris, September 28, 2021 – Patrick Pouyanné, Chairman and CEO, and members of the Executive Committee will present TotalEnergies’ Strategy & Outlook in Paris today. The webcast of the presentation in English is available on totalenergies.com.

 

Key messages of the presentation include:

 

TotalEnergies, a multi-energy company

 

TotalEnergies affirms its strategy as a multi-energy company active in oil, natural gas, renewables & electricity, biomass and hydrogen, benefitting all its stakeholders.

 

More energy, less emissions, always more sustainable

 

To satisfy growing global energy demand linked to worldwide population growth, TotalEnergies will increase its energy production by 30% from now to 2030, with growth coming half from electricity, essentially from renewables, and half from LNG. Its sales mix will evolve to 30% oil, 50% gas, 15% electricity and 5% biomass and hydrogen by 2030. Petroleum product sales will decrease by at least 30% over the period 2020-30.

 

TotalEnergies will maintain discipline on its investment program, which will be $13-15 billion per year for 2022-25 and will allocate 50% of these investments to growing its activities and 50% to maintaining the base of its activities. 50% of the growth investments will be dedicated to the development of new energies, mainly renewables and electricity, and the other 50% to natural gas, essentially LNG.

 

TotalEnergies is fully engaged toward its ambition to get to Net Zero by 2050 together with society. Scope 1+2 net operated oil & gas emissions worldwide will decrease by 40% between 2015 and 2030 and worldwide absolute Scope 3 emissions will be lower in 2030 compared to 2015. For that purpose, the carbon intensity of energy products used by its customers worldwide will decrease by at least 20% over same period. In addition, to accompany the Green Deal in Europe, TotalEnergies, a European company, has committed to reducing its Scope 1+2+3 emissions by 30% by 2030 vs 2015.

 

Hydrocarbons continue to generate strong cash flow to fund the transition and return to shareholders

 

Upstream production should grow by about 3% per year by 2026, driven by LNG which should grow by 6% per year. TotalEnergies’ oil production will reach its peak during the decade before declining. Over 2022-26, E&P will generate more than $5 billion per year of free cash flow at $50/b, with additional cash flow of $3.2 billion for a $10/b increase in Brent and $0.6 billion for a $1/Mbtu increase in European and Asian gas indexes.

 

In Downstream, TotalEnergies will continue its policy of adapting its industrial and marketing facilities to anticipate the decline in petroleum product demand, particularly in Europe, with the

 

2/3

 

objective of aligning its refining capacities and petroleum product sales to the level of its oil production by 2030. At the same time, TotalEnergies will seize development opportunities in polymer, including recycling and bioplastics, and in new markets, such as biofuels or electric mobility, to generate cash flow growth of around $1 billion over the next 5 years.

 

Gas, the energy of the transition

 

In a LNG market growing on average 5-7% per year at a global scale, TotalEnergies' LNG production is expected to increase by 30% by 2025 and sales to reach 50 Mt/y, equivalent to 10% of the world market, at that time. The diversification of LNG outlets will allow continued value creation from global scale and arbitrage. Accelerating decarbonization of the LNG chain, with a focus on reducing methane emission, is a priority with the ambition of reducing full-chain intensity by 20% by 2030.

 

TotalEnergies will scale up biogas, targeting 2 TWh/y production by 2025 and has the ambition to develop in clean hydrogen, kick starting by covering its own refining demand and then being a pioneer in the mass production of low-cost carbon-free hydrogen and in the production of synthetic fuels, particularly for aviation (SAF).

 

Scaling up profitable renewables and electricity businesses

 

TotalEnergies’ ambition is to become one of the world’s top 5 renewable power producers with an objective of 100 GW gross installed capacity by 2030, taking advantage notably of its global footprint. The Company confirms its objective of 35 GW by 2025 with more than 10 GW in operation by end-2021 that will grow by around 6 GW per year from 2022 to 2025.

 

The Company plans to develop a significant integrated position in deregulated markets while growing production in regulated markets, targeting more than 50 TWh of net production by 2025, generating $3.5 billion of EBITDA.

 

Combining energy transition and shareholder return

 

TotalEnergies is confident in its ability to combine energy transition and shareholder return, thus creating long-term shareholder value.

 

TotalEnergies has demonstrated its resilience during the Covid crisis by maintaining its dividend through the cycle. The Company is emerging stronger with a solid balance sheet, low cost of debt and gearing anchored below 20%. At the same time, TotalEnergies accelerates the growth of its investments in renewables and electricity, bringing them to $3 billion per year, or nearly 25% of its investments over the period 2021-2025.

 

In a constant $50/b environment, the Company anticipates cash flow growth of $5 billion between 2021 and 2026: this cash flow growth will come notably from renewables and electricity for $1.5 billion and LNG for $1.5 billion, the two pillars of its growth. Discipline on cost will be maintained with an objective to deliver more than $1 billion of additional cost savings by 2023 compared to 2020. This increased revenues and discipline will improve return on equity above 12% in a 50 $/b environment by 2025.

 

This sustainable cash flow growth, given the investment discipline, will support dividend growth over the next years. In addition, in accordance with the announced policy of allocating up to 40% of the surplus cash generated above $60/b to buybacks and considering the actual high prices of oil and gas, TotalEnergies plans to buy back $1.5 billion of its shares in fourth quarter 2021.

 

 

***

3/3

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

 

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

EX-99.12 13 tm2128682d1_ex99-12.htm EXHIBIT 99.12

 

Exhibit 99.12

 

 

  Offshore wind: TotalEnergies, Green Investment Group and
RIDG reveal west of Orkney ScotWind bid in Scotland

 

·Consortium of Green Investment Group, TotalEnergies and RIDG responded to the ScotWind round bid for the ‘N1’ site near Orkney and Caithness.

 

Edinburgh, 29 September 2021 – A consortium of TotalEnergies, Macquarie’s Green Investment Group and Scottish developer RIDG has announced their bid for an offshore wind project in an area west of the Orkney Islands. The two-gigawatt proposal – named the West of Orkney Windfarm – has the potential to power more than two million homes and is currently being assessed by the Crown Estate Scotland as part of the ScotWind leasing round.

 

The bid is the culmination of five years of engagement between the consortium and stakeholders in Caithness and Orkney, which includes Memorandums of Understanding with Orkney Harbour Authority and Scrabster Harbour Trust to enhance port infrastructure and position the area competitively to support offshore wind projects in the future.

 

An exclusive Memorandum of Understanding has also been signed with the European Marine Energy Centre on Orkney (EMEC), formalising a long-standing relationship in technical innovation and environmental data collection, building on EMEC’s unique marine energy research and development facilities and expertise.

 

“Scotland has been a pioneer in the deployment of renewable electricity – and now, through projects to be delivered via ScotWind, we believe it could play a role in showcasing a deep and economy wide energy transition. By working with local partners, we can ensure that we create sustainable, long-term jobs in Caithness and Orkney as part of this transition to a net zero economy” said Edward Northam, Head of GIG Europe.

 

“TotalEnergies is delighted to participate in this tender alongside GIG and RIDG. We will provide our resources and expertise in offshore operations and maintenance to ensure the success of this project in close collaboration with the local community and industry which we aim to strengthen. Our participation in the tender is an illustration of our commitment to support Scotland in its energy transition towards its Net Zero target by 2045. If awarded, this project will contribute to our goal of reaching 100 GW of renewable generation capacity by 2030.” said Julien Pouget, Senior Vice President Renewables at TotalEnergies.

 

“RIDG first put the West of Orkney Windfarm on the map back in 2016; since then, we’ve been working closely with local stakeholders to ensure any project we bring forward delivers for the local economy. We were therefore delighted to submit our bid as part of a consortium designed specifically around this location, and particularly excited to do this with the support of so many local businesses, who will be vital for successful project delivery” said Mike Hay, Director of Scottish developer RIDG.

 

The consortium has undertaken extensive site investigations, including birds, marine mammals and near-shore geophysical surveys, and has finalised a grid connection agreement with National Grid that will enable the project to commence generation in 2029.

 

 

 

 

***

 

About Macquarie’s Green Investment Group

Macquarie’s Green Investment Group (GIG) is a specialist in green infrastructure principal investment, project development and delivery, green impact advisory and the management of portfolio assets. Its track record, expertise and capability make it a global leader in green investment and development, dedicated to accelerating the green transition.

 

TotalEnergies, renewables and electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity that should account for up to 40% of its sales by 2050. At the end of 2020, TotalEnergies’ gross power generation capacity worldwide was around 12 GW, including 7 GW of renewable energy. TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources by 2025, and then 100 GW by 2030 with the objective of being among the world's top 5 in renewable energies.

 

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

About RIDG

RIDG – Renewable Infrastructure Development Group – was established as an independent, specialised offshore wind project development company with the knowledge and experience to identify, design and deliver high quality consented assets for strategic partners to build and operate.

RIDG presents a simpler, leaner and more flexible approach to project development, one that draws upon the strengths of both established and emerging suppliers to deliver projects safely, efficiently and cost effectively.

 

About Scrabster Harbour Trust

Scrabster Harbour Trust was founded in 1841. Scrabster is the most Northerly mainland commercial port in the UK. Scrabster Harbour is an independent Trust Port governed by its own legislation with all surpluses reinvested in the maintenance and development of the port to ensure that it meets the requirements of users.

 

About Orkney Harbour Authority

Marine Services, a division of Orkney Islands Council as the Competent Harbour Authority (CHA) is responsible for the safe and efficient operation of the 29 piers and harbours located throughout the Orkney Islands under their jurisdiction and operate under the principles set out in the Port Marine Safety Code.

 

About EMEC

Established in Orkney in 2003, EMEC is the world’s leading facility for testing wave and tidal energy converters in real sea conditions. The centre offers independent, accredited grid-connected test berths for testing full-scale prototypes, as well as test sites in less challenging conditions for use by smaller scale technologies, supply chain companies, and equipment manufacturers.

 

To date, more marine energy converters have been deployed in Orkney, Scotland, than at any other single site in the world with 21 wave and tidal energy clients (from 11 countries) having tested 34 marine energy devices.

 

EMEC is committed to supporting the transition to net zero and has expanded activities into new sectors including green hydrogen, floating wind, transport and energy systems.

 

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

  

 

 

 

GIG Contact

Media Relations: mediaEMEA@macquarie.com | +44 20 3037 4014

 

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l         @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. 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.

 

 

EX-99.13 14 tm2128682d1_ex99-13.htm EXHIBIT 99.13

 

Exhibit 99.13

 

   

 

Sustainable Development in the Russian Arctic:
TotalEnergies Commits to the Protection of Biodiversity in the
Arctic LNG 2 Project

 

Paris, September 30, 2021 – In line with its guiding principle of transparency in sustainable development and in engaging with civil society, TotalEnergies is publishing on its website the Environmental, Safety and Health Impact Assessment (ESHIA) and the biodiversity implementation strategy of the Arctic LNG 2 project, in which the Company holds a direct and indirect1 21.64% stake.

 

Based on the ESHIA and in accordance with the most stringent international performance standards, Arctic LNG 2 has defined a set of actions that will be implemented to minimize the environmental and social footprint, and to deliver a positive impact on biodiversity and the surrounding communities. These measures will be monitored by third-party organizations, including all of the international credit agencies that will be contributing to the project and have engaged in a demanding dialogue with the project team to reinforce its commitments on the basis of IFC (International Finance Corporation) Performance Standard 6.

 

The biodiversity protection strategy of the project will be based on the following plans and programs:

 

§the Biodiversity Conservation Management Program (BCMP) in accordance with the recommendations of the Ministry of Natural Resources and Environment of the Russian Federation;

 

§the Biodiversity Management Plan (BMP) setting out the commitments and measures identified in the ESHIA in order to avoid, minimize and, if necessary, compensate the impacts on biodiversity and ecosystems;

 

§the Biodiversity Action Plan (BAP) setting out the specific commitments and actions taken by the project in accordance with IFC Performance Standard 6 requirements for No Net Loss in Natural Habitats and a Net Gain in Critical Habitats;

 

§the Biodiversity Monitoring and Evaluation Program (BMEP) to measure the outcomes of the biodiversity plans implemented.

 

These plans and programs will be published by TotalEnergies as they are approved.

 

“As a major player in the energy transition, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. This is why we have pledged to contribute to the United Nations Sustainable Development Goals (SDGs), including those related to the conservation of biodiversity”, said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “The development of the LNG projects in which we are participating in Northern Russia generates legitimately high expectations in terms of protection of the environment and biodiversity. We take these expectations seriously and responsibly. With our partners, we are mobilizing significant resources to ensure that these projects are implemented and operated in an exemplary manner. Our commitment to our stakeholders is to answer their questions transparently and to share studies and documentation with them.”

 

 

1 Through its 19.4% stake in Novatek, which owns 60% of the Arctic LNG2 project

 

 

 

About Arctic LNG 2

 

The Arctic LNG 2 project is currently under construction and comprises three liquefied natural gas (LNG) trains of 6.6 million tons per annum (Mtpa) nominal capacity each. To reduce environmental footprint the trains will be installed on Gravity Based Structures (GBS) which will be anchored on the banks of the Ob river, on the Gydan peninsula.

 

TotalEnergies holds a 10% direct interest in the project, alongside Novatek (60%), in which TotalEnergies has a 19.4% stake, CNOOC (10%), CNPC (10%) and a Mitsui-Jogmec consortium (10%).

 

The first train shall start delivery of LNG to international markets in 2023. This LNG will, in particular, meet the growing energy needs of Asian countries where it will replace coal in power generation, hence contributing to the reduction of greenhouse gas emissions.

 

About TotalEnergies’ Biodiversity Ambition

 

As a major player in the energy transition, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. The Company has pledged to contribute to the United Nations Sustainable Development Goals (SDGs), including those related to the conservation of biodiversity.

 

Aware of the challenges related to environmental management and the use of the planet’s natural resources, TotalEnergies strives to manage the environmental effects of all its projects and operations according to the Mitigation Hierarchy principle of avoidance, minimization, restoration and offsetting.

 

On the occasion of the preparation of the United Nations Plan for Biodiversity, TotalEnergies reasserts its commitments to protect biodiversity:

 

1.Respecting its voluntary exclusion zones;

2.Managing biodiversity in its new projects;

3.Managing biodiversity at its existing sites;

4.Promoting biodiversity.

 

> Read more about it

 

____

 

About TotalEnergies

 

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

TotalEnergies Contacts

 

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPress 

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

 

Cautionary Note

 

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