TotalEnergies Delays Papua LNG Project FID Decision, Acquires Stake in Dorado Gas Field

Monday, 8 April 2024, 13:39

TotalEnergies has delayed the investment decision for the Papua LNG project, stating the necessity for additional work with contractors. On another note, the company has acquired a 20% stake in the Dorado gas field located in Texas. These developments highlight the company's strategic decisions in the energy sector, balancing project progress with new acquisitions.
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TotalEnergies Delays Papua LNG Project FID Decision, Acquires Stake in Dorado Gas Field

TotalEnergies Delays Papua LNG Project Decision

TotalEnergies has postponed the investment decision for the Papua LNG project, emphasizing the need for further collaboration with contractors. This delay indicates the company's cautious approach to project execution, ensuring thorough planning for optimal outcomes.

TotalEnergies Acquires Stake in Dorado Gas Field

TotalEnergies expands its portfolio by acquiring a 20% stake in the Dorado gas field located in Texas. This strategic move aligns with the company's growth strategy, bolstering its presence in the energy sector and diversifying its asset base.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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