REG-TOTAL Total Partners with Siemens Energy to Reduce LNG Related Emissions

TotalEnergies SEAnnouncement

13/04/2021 07:40

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Total Partners with Siemens Energy to Reduce LNG Related Emissions

 

TOTAL (Paris:FP) (LSE:TTA) (NYSE:TOT):

Total and Siemens Energy signed a Technical Collaboration Agreement to study
sustainable solutions for CO(2) emissions reduction. The collaboration will
focus on natural gas liquefaction facilities and associated power generation.

Each partner will bring together their best-in-class technologies and combine
their know-how to deliver industrial-stage solutions such as combustion of
clean hydrogen in gas turbines, competitive all-electrical liquefaction,
optimized power generation, the integration of renewable energy in
liquefaction plants’ power system and their efficiency enhancement.

“This collaboration with Siemens Energy, a major player in the energy
technology sector, brings many opportunities to further reduce the carbon
footprint of our activities, especially in our strategic LNG business,” said
Arnaud Breuillac, President Exploration & Production at Total. “The
development of low-carbon LNG will contribute to meet the growth in global
energy demand whilst reducing the carbon intensity of the energy products
consumed. Reducing its carbon footprint is essential for LNG to play its role
fully in the energy transition.”

“We are pleased to partner with Total as one of the main players in the LNG
value chain to explore how we can competitively reduce the carbon footprint of
brownfield and greenfield LNG projects,” said Thorbjörn Fors, Executive
Vice President of the Industrial Applications Division at Siemens Energy.
“The agreement is a next step, following our announcement last June to
collaborate together and conduct studies exploring possible liquefaction and
power generation plant designs to help decarbonize the production of LNG.”

Total, Second Largest Private Global LNG Player

Total is the world's second largest privately owned LNG player, with a global
portfolio of nearly 50 Mtpa by 2025 and a global market share of around 10%.
The Group benefits from strong and diversified positions throughout the LNG
value chain: gas production and liquefaction, LNG transportation and trading,
and contribution to the development of the LNG industry for maritime
transport. Through its interests in liquefaction plants in Qatar, Nigeria,
Russia, Norway, Oman, Egypt, the United Arab Emirates, the United States,
Australia and Angola, the Company markets LNG on all world markets.

About Total

Total is a broad energy company that produces and markets fuels, natural gas
and electricity. Our 100,000 employees are committed to better energy that is
more affordable, more reliable, cleaner and accessible to as many people as
possible. Active in more than 130 countries, our ambition is to become the
responsible energy major.

Siemens Energy

Siemens Energy is one of the world’s leading energy technology companies.
The company works with its customers and partners on energy systems for the
future, thus supporting the transition to a more sustainable world. With its
portfolio of products, solutions and services, Siemens Energy covers almost
the entire energy value chain – from power generation and transmission to
storage. The portfolio includes conventional and renewable energy technology,
such as gas and steam turbines, hybrid power plants operated with hydrogen,
and power generators and transformers.

Cautionary Note

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TOTAL SE directly or
indirectly owns investments are separate legal entities. TOTAL SE has no
liability for their acts or omissions. In this document, the terms
“Total”, “Total Group” and Group are sometimes used for convenience.
Likewise, the words “we”, “us” and “our” may also be used to refer
to subsidiaries in general or to those who work for them. 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 TOTAL 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.

Total 

Media Relations: +33 1 47 44 46 99 l presse@total.com
(mailto:presse@total.com) l @TotalPress

Investor Relations: +44 (0)207 719 7962 l ir@total.com (mailto:ir@total.com)



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