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Azerbaijan: TotalEnergies Announces Final Investment Decision for Absheron Full Field Development TotalEnergies (Paris:TTE) LSE:TTE NYSE:TTE (35%, operator), together with its partners SOCAR (35%) and XRG (30%), have taken the Final Investment Decision (FID) for the Full Field Development of the Absheron gas and condensate field.

Located in the Caspian Sea, 100 km south-east of Baku, the Absheron field holds approximately 140 billion cubic meters of recoverable gas reserves. A first development phase, with a production capacity of 1.5 billion cubic meters per annum (BCMA) of gas and 12,000 barrels per day of condensate, was successfully put on stream in 2023.

The Absheron Full Field development will increase overall field production to 6 BCMA and 47,000 barrels per day of condensate. Project is expected to start-up in 2029. Gas will be both supplied to the domestic market and exported to Turkey through the existing gas infrastructure connecting Azerbaijan to the European gas market, therefore strengthening regional energy security.

The project stands out for its innovative design and low carbon footprint. Gas will be produced by 4 subsea wells, transported to shore through a subsea pipeline equipped with advanced automation solutions and processed in a new onshore plant, fully electrified and designed to minimize energy consumption and greenhouse gas emissions. As a result, the scope 1 & 2 greenhouse gas emissions intensity of the project stands below 4 kg CO2e/boe.

“We are pleased to announce the launch of Absheron Full Field development, a project that unlocks the full production potential of one of the Caspian Sea’s largest gas discoveries,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “In line with TotalEnergies’ strategy, Absheron Full Field Development is a low cost and low emissions project that will provide a long-term additional gas supply to the domestic and international markets, supporting regional energy security.”

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About TotalEnergies in Azerbaijan

TotalEnergies has been present in Azerbaijan since 1996 and holds a 35% interest in the Absheron gas and condensate field, as well as a 1.44% interest in the Baku-Tbilisi-Ceyhan (BTC) pipeline. The Absheron field is located in the Caspian Sea, approximately 100 km southeast of the Azerbaijani coast. Following its discovery in 2011, the first phase of development of the Absheron field was sanctioned in 2018 and achieved first gas in 2023. It consists of a subsea production well connected to a dedicated gas processing platform, connected to SOCAR’s existing facilities at Oil Rocks. Phase 1 produces 150 million cubic feet of gas per day and 12,000 barrels of condensate per day, supplying Azerbaijan’s domestic market.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to providing as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

@TotalEnergiesTotalEnergiesTotalEnergiesTotalEnergies

Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. 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. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

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Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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Exploration in Angola: TotalEnergies Announces a New Discovery on Block 17 and Enters New Exploration Blocks On the occasion of the Angola Oil & Gas Conference, Patrick Pouyanné, Chairman and CEO of TotalEnergies (Paris:TTE) LSE:TTE NYSE:TTE, announced several exploration successes.

Acacia-5: from discovery to production in 3 months

TotalEnergies (38%, operator) has announced the Acacia-5 near-by discovery on Block 17. First Oil will be achieved only three months after the discovery made in June 2026, through a fast-track development leveraging the available capacity on the Pazflor FPSO. Acacia-5 shall increase Block 17 production by 6,000 barrels per day.

Acacia-5 is the second exploration success recorded in 2026 across TotalEnergies’ Angolan portfolio, following the recent Block 0 discovery in the prolific Lower Congo Basin, where TotalEnergies holds a 10% interest alongside Chevron, operator.

Entry into new exploration blocks

TotalEnergies has signed agreements with the concessionaire Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), to enter with a 40% operated interest in exploration Blocks 17/25 and 32/21, located in the heart of the prolific Lower Congo Basin.

These promising blocks benefit from extensive existing 3D seismic coverage and offer access to several prospective geological plays. They are located close to existing facilities in TotalEnergies-operated Blocks 17 and 32, where six FPSOs are currently producing, therefore allowing for future tie-backs and cost-efficient development of additional resources through existing facilities.

Moreover, TotalEnergies signed in February 2026 a Head of Agreement (HoA) with ANPG, and ExxonMobil to farm-in with a 35% interest into exploration Blocks 40, 41, 42 and 58 in the Benguela Basin.

“I am very pleased to announce these exploration successes in Angola, which demonstrate both the attractiveness of the country and our confidence in its future. Exploration is a key pillar of our ambition in Angola, supported by the incentives introduced to encourage investment. Together with our partners, we aim to explore further and unlock new resources, sustaining a strong exploration effort to identify new opportunities across Angola’s offshore basins," said Patrick Pouyanné, Chairman and CEO of TotalEnergies.

TotalEnergies holds a 38% operated interest in Block 17, alongside Equinor (22.16%), ExxonMobil (19%), Azule Energy (15.84%) and Sonangol E&P (5%)

TotalEnergies holds a 40% operated interest in Blocks 17/25 and 32/21, alongside ExxonMobil 40%, and Sonangol E&P 20%

TotalEnergies holds a 10% interest in Block 0, alongside Sonangol E&P (41%), Chevron (39.2%, operator) and Azule Energy (9.8%)

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About TotalEnergies in Angola

TotalEnergies has been present in Angola since 1953 and today employs around 1,500 people across different business segments. Angola is one of the main contributing countries to TotalEnergies' hydrocarbon production with 156,000 boe/d produced in 2025. With a diversified portfolio, deep offshore operated assets representing 45% of the country’s oil production, service stations in partnership with Sonangol and renewable energy projects, TotalEnergies in Angola is a key player in supporting the country’s sustainable energy transition.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

@TotalEnergiesTotalEnergiesTotalEnergiesTotalEnergies

Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. 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. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

View source version on businesswire.com: https://www.businesswire.com/news/home/20260909670355/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

TotalEnergies dále rozšiřuje své evropské aktivity v oblasti nízkoemisní energetiky. Společnost se dohodla na převzetí veškerých pevninských projektů obnovitelných zdrojů britského Shellu v několika klíčových evropských zemích, čímž posiluje svou pozici na trhu výroby elektřiny z obnovitelných zdrojů.

Francouzská energetická společnost TotalEnergies se dohodla, že koupí od britského konkurenta Shell veškeré jeho evropské aktivity v oblasti obnovitelných zdrojů energie na pevnině. Transakce je podle společnosti TotalEnergies v souladu s její širší strategií v Evropě, jejíž součástí je rovněž nedávné vytvoření společného podniku s Energetickým a průmyslovým holdingem (EPH) miliardáře Daniela Křetínského.

Francouzský podnik uvedl, že transakce zahrnuje projekty firmy Shell v Británii, Itálii, Španělsku a Nizozemsku. Kupní cenu však nezveřejnil.

Firmy TotalEnergies a EPH nedávno založily společný podnik s názvem TTEP zaměřený na flexibilní výrobu elektřiny v Itálii, Nizozemsku, Británii, Irsku a ve Francii.

TotalEnergies v dnešní tiskové zprávě napsala, že převzetí aktivit firmy Shell doplňuje flexibilní výrobní kapacity plynových elektráren společného podniku TTEP, zejména v Itálii, Nizozemsku a Británii.

EPH do společného podniku vložil svá vybraná plynová a biomasová aktiva i bateriové systémy na vybraných trzích. Za to firma získala přibližně 95,4 milionu akcií TotalEnergies, což představuje zhruba 4,2 procenta základního kapitálu francouzského podniku. Zařadila se tak mezi jeho největší akcionáře.