Exploration: and production
TotalEnergies’ Exploration and Production provides expertise in over 50 countries and regions to explore, develop, and produce oil and gas. At the moment, oil remains the most accessible energy to power the world’s increasing demand and delivering economically sustainable natural gas supplies to high-growth demand markets, such as China, is a strategic priority of Total.
Credible Partner of Chinese NOCs
In the 1980s, TotalEnergies entered China’s oil and gas exploration and production market as the first international energy company to engage in offshore initiatives. Over the last four decades, TotalEnergies has established a trusting, close, and productive partnership with the country. Offshore, we have had a presence in Beibu Gulf, Bohai Bay, and the South China Sea. Onshore, we have rolled out a series of projects in the Tarim Basin and Ordos Basin.
In 2006, TotalEnergies signed a Production Sharing Contract (PSC) with CNPC for the evaluation, development, and production of natural gas resources in the South Sulige gas field. CNPC (51%) will operate the project with Total (49%) providing project management and technical support and expertise. The total production forecast of the project is approximately 440 million barrels of oil equivalent by 2036 (over the term of the contract).
TotalEnergies is not simply in China – we are also in step with China on a global level. In Russia, Kazakhstan, Nigeria, Uganda, United Arab Emirates, Iraq, and Brazil, Total has a close collaboration with Chinese partners in various projects.
