September 2022 - Strategy and Outlook
CCS
Northern Lights CO2 receiving terminal, Norway
Deploying CCS strategy
Reducing emissions and developing profitable business
Te
TotalEnergies
Incorporating CCS in our assets
→ Avoid emissions in greenfield projects
•
North Field East & South (Qatar)
•
Papua LNG
Reduce emissions from existing assets
•
Ichthys (Australia)
awarded GHG storage assessment permit
• Cameron LNG (US)
•
Hackberry Carbon Sequestration project under
development
Refineries
Offering Carbon Transport & Storage services
→ Build a profitable, scalable business
and reduce Scope 3 emissions by offering
CCS solutions to our customers
→ North Sea core area
Northern Lights (up to 5 Mt/y; Total Energies, 33%)
Ph 1a: 0.8 Mt/y (100%) from 2025, under construction
>10 Mt/y under development for start-up by 2030
Focusing on our depleted assets and saline aquifers
•
•
Aramis (NL, op.), Bifrost (Denmark, op.), NEP (UK)
→ Worldwide (US) growth options
2030 target
> 10 Mt/y
Growing investment to
~300 M$/y
September 2022 - Strategy and Outlook 34View entire presentation