TotalEnergies CEO Patrick Pouyanne and QatarEnergy CEO Saad al-Kaabi at a signing ceremony
TotalEnergies first off the NFE blocks
French firm’s Qatari LNG expansion stake is set to be the first in a queue
TotalEnergies has been selected as the first IOC to take part in a joint venture (JV) to develop Qatar’s multibillion-dollar North Field East (NFE) LNG project. The deal was signed during a ceremony in Doha on Sunday, during which state-owned QatarEnergy noted that more was to come later this week. TotalEnergies was awarded 25pc in the NFE JV, which in turn will hold 25pc in the $28.75bn project. This consists of eight offshore platforms, 80 wells, gas pipelines and a four-train liquefaction plant with a total capacity of 32mn t/yr, giving the French firm an equity stake of 6.25pc in an overall development that runs until 2054. While the level of TotalEnergies’ investment has not been disclo
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
