REG-TotalEnergies SE U.S. – Gulf of Mexico: TotalEnergies Withdraws from the North Platte Deep Water Project

TotalEnergies SEAnnouncement

10/02/2022 08:40

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220210:nBw1H1fQva&default-theme=true


U.S. – Gulf of Mexico: TotalEnergies Withdraws from the North Platte Deep
Water Project

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), through its affiliate
TotalEnergies E&P USA, Inc., announces its decision not to sanction and so
to withdraw from the North Platte deepwater project in the U.S. Gulf of
Mexico.

The decision not to continue with the project was taken as the Company has
better opportunities of allocation of its capital within its global portfolio.

TotalEnergies who held a 60% operated interest in North Platte, alongside its
joint-interest owner Equinor (40%) has duly notified its partner and the
relevant authorities of its immediate withdrawal from the project, and of its
resignation as operator which will be effective following a short transition
period to ensure an orderly hand-over of operatorship.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our 105,000 employees are committed to energy that is ever more
affordable, cleaner, more 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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergies&esheet=52577311&newsitemid=20220210005451&lan=en-US&anchor=%40TotalEnergies&index=1&md5=c44346f32197861105d2675235a60e58)
| TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftotalenergies%2F&esheet=52577311&newsitemid=20220210005451&lan=en-US&anchor=TotalEnergies&index=2&md5=946c36c1d97118787d29ddd6b58ef5fa)
| TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FTotalEnergiesFrance%2F&esheet=52577311&newsitemid=20220210005451&lan=en-US&anchor=TotalEnergies&index=3&md5=387959028da3ce7de6c6475a72537562)
| TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Ftotalenergies%2F&esheet=52577311&newsitemid=20220210005451&lan=en-US&anchor=TotalEnergies&index=4&md5=b96e6e3c3a43bb186665d8b0938a23dc)

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).

TotalEnergies Contacts 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=52577311&newsitemid=20220210005451&lan=en-US&anchor=%40TotalEnergiesPR&index=5&md5=7b6ef5af0e872da8b8839766aa516682)

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



View source version on businesswire.com:
https://www.businesswire.com/news/home/20220210005451/en/
(https://www.businesswire.com/news/home/20220210005451/en/)

 TotalEnergies SE


Copyright Business Wire 2022