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TotalEnergies and Oil India Collaborate on Methane Emissions Detection and Measurement

Nov 20, 2024over 1 year ago

Contract Type

partnership

NigeriaEnergyOil And GasRenewable EnergyBiomass Energy

Description

TotalEnergies and Oil India Limited have signed a Cooperation Agreement to carry out methane emissions detection and measurement campaigns in India using TotalEnergies’ AUSEA technology. The agreement aims to support the Oil & Gas Decarbonization Charter’s ambition to work towards net-zero operations by 2050 and near-zero upstream methane emissions and zero routine flaring by 2030.

Company Information

Company

TotalEnergies EP Nigeria

Location

Nigeria

About

TotalEnergies EP Nigeria, the company being acquired, has signed an agreement with Chappal Energies for the sale of its 10% stake in the production licenses of the SPDC joint-venture. This sale is aligned with TotalEnergies' strategy to focus on its offshore oil and gas assets, while maintaining its onshore activities in the integrated gas value chain for future gas supply to Nigeria LNG.

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Predictive Intelligence
Strategic

ML-powered predictions for TotalEnergies EP Nigeria's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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