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TotalEnergies receives a $1.8 billion capital contribution from GIP for African energy infrastructure assets. This partnership enhances TotalEnergies' investments in oil and gas infrastructure in Africa.
Sep 18, 2026•about 3 hours ago
CalgaryEnergySustainabilityOil And GasNatural ResourcesRenewable EnergyBiomass Energy
Description
TotalEnergies has signed an agreement with Global Infrastructure Partners (GIP) regarding its interests in oil and gas infrastructure assets in Africa. In this deal, TotalEnergies will receive a capital contribution of $1.8 billion. Following this, TotalEnergies will pay a throughput-based tariff to GIP over a period of up to 15 years. This partnership is expected to strengthen the relationship between TotalEnergies and GIP.
Company Information
Company
TotalEnergies
Location
Calgary, Alberta, Canada
About
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.
CalgaryEnergySustainabilityOil And GasNatural ResourcesRenewable EnergyBiomass Energy