TotalEnergies SE
-0.05 (-0.09%)
Share Name Share Symbol Market Type
TotalEnergies SE EU:TTE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -0.09% 54.36 54.30 54.50 54.59 53.91 54.30 4,107,237 16:40:00

TotalEnergies Says Gas Production at Mabrouk Field in Oman Has Started

20/01/2023 11:17am

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By Giulia Petroni


TotalEnergies SE said gas production at the Mabrouk North-East field in Oman has started and that it has signed a long-term agreement with Oman LNG LLC to purchase liquefied natural gas.

The French oil-and-gas major on Friday said gas production in onshore Block 10 at the field is expected to reach 500 million standard cubic feet a day by mid 2024. The produced gas is set to supply both local industry and LNG export facilities in Oman.

Shell PLC is the operator of the block with a 53.45% holding. TotalEnergies holds a 26.55% interest in the block, while Oman's state energy company OQ has the remaining 20% interest.

TotalEnergies also said it signed a deal with Oman LNG to buy 800,000 metric tons of LNG a year over a period of 10 years starting from 2025. The aim is to reinforce its portfolio to address both the European and Asian markets, it said.


Write to Giulia Petroni at


(END) Dow Jones Newswires

January 20, 2023 06:02 ET (11:02 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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