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Egypt secures $3B LNG deal with Shell & Total
Exclusive-Egypt signs $3 billion LNG deals with Shell and TotalEnergies
By Marwa Rashad LONDON (Reuters) -Egypt has signed deals worth about $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025, three trading sources told Reuters.
Egypt signs $3B in LNG deals with Shell, TotalEnergies - Reuters
Egypt has signed deals worth ~$3B with Shell (SHEL) and TotalEnergies (TTE) to secure 60 cargoes of liquefied natural gas to cover most of the country's demand for 2025.
Egypt secures $3B LNG deal with Shell & Total as domestic gas crisis deepens
Egypt has secured 60 cargoes of liquefied natural gas (LNG) for 2025 through agreements with Shell and TotalEnergies valued at approximately $3 billion, Reuters reported on Thursday. Egypt, the Arab world’s most populous nation,
Exclusive-Egypt secures LNG deals with Shell and TotalEnergies for 2025
Egypt has signed deals worth around $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025, three trading sources told Reuters. The most populous Arab country last year returned to being a net importer of natural gas,
Upstream
36m
TotalEnergies targets second chance at Namibia exploration glory in ultra-deep block
All but one of the exploration and appraisal wells drilled by the French supermajor in its prolific Orange basin acreage have ...
1d
TotalEnergies CEO doubles down on US LNG, downplays Trump tariff fears
TotalEnergies will expand its investment in U.S. liquefied natural gas over the next decade as the French company seeks to ...
9h
TotalEnergies SE (TTE) Receives a Hold from Kepler Capital
Kepler Capital analyst Bertrand Hodee maintained a Hold rating on TotalEnergies SE (TTE – Research Report) on February 5 and set a price ...
Upstream
1d
Namibia: TotalEnergies set to delay sanction of 150,000 bpd Venus project
TotalEnergies looks set to delay taking a final investment decision on its huge Venus project offshore Namibia to 2026, ...
2d
TotalEnergies posts drop in Q4 profit on weak oil demand
French oil major TotalEnergies reported a 15% drop in fourth quarter earnings on Wednesday, closing out a year marked by low ...
1d
TotalEnergies CEO expects U.S. financing for Mozambique LNG project in coming weeks
TotalEnergies CEO Patrick Pouyanne said he expects financing from the U.S. for its $20B Mozambique LNG project will be ...
NBC Los Angeles
2d
Oil major TotalEnergies posts 21% drop in full-year profit amid lower crude prices
French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude ...
2d
on MSN
TotalEnergies CEO Says Europe Should Negotiate With US for Free Trade of LNG
PARIS (Reuters) - TotalEnergies CEO Patrick Pouyanne said on Wednesday that European countries should negotiate to obtain a ...
1d
TotalEnergies SE (TTE) Receives a Buy from J.P. Morgan
J.P. Morgan analyst Matthew Lofting maintained a Buy rating on TotalEnergies SE (TTE – Research Report) today and set a price target of €66.00.
13h
on MSN
Venture Global plunges after TotalEnergies rejects as LNG supplier on lack of trust
TotalEnergies CEO Patrick Pouyanne said he rejected opportunities to become a long-term customer of Venture Global's U.S.
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LNG
United States
Egypt
Patrick Pouyanné
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