Exploration & Production - At a Glance 2023

Achievements and Challenges

APRIL

Safety

Celebration of World Safety Day, and presentation of the new Golden Rules.

MAY

Oil

Brazil: Start of production from the first development phase of the giant Mero field, including a floating production, storage and offloading unit (FPSO) with a production capacity of 180,000 barrels of oil per day.

Signing of production sharing contracts acquired in the Transfer of Rights Surplus (ToR Surplus) bidding process on the Atapu Surplus and Sépia fields, offering immediate access to production.

United States: Approval of the Ballymore oil field development in the Gulf of Mexico; first oil is expected in 2025 with a capacity of 75,000 barrels of oil per day.

Decarbonization

World: Launch of a worldwide campaign using drones to detect and quantify greenhouse gas (GHG) emissions across all operated upstream oil and gas sites.

JUNE

Natural Gas/LNG

Qatar: Selection of TotalEnergies as the first company to partner with QatarEnergy on the giant North Field East (NFE) LNG project. This will increase Qatar’s total LNG export capacity from 77 million to 110 million tons per year by 2027, thanks to the construction of four trains with an annual capacity of 8 million tons each.

Carbon Neutrality

Gabon: Partnership between TotalEnergies and Compagnie des Bois du Gabon (CBG) to develop a forward-looking forest management model that combines wood production, biodiversity conservation and long-term carbon storage.