TotalEnergies: partnership between Total Eren and Ecopetrol
January 12, 2023 at 10:36 am
Share
Total Eren, a company whose shareholder is TotalEnergies, announces a partnership with Ecopetrol, Colombia's largest company and one of the leading diversified energy players on the American continent, to implement the 'Rubiales' solar photovoltaic (PV) project.
Ecopetrol selected Total Eren to develop, finance, build and operate the 100 MWp photovoltaic park, following a competitive private tender that has now closed.
The project will be owned by Total Eren (51%) and Ecopetrol (49%).
Construction is scheduled to start in the first quarter of 2023, with operation of the solar park from the end of 2024.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
TotalEnergies SE is one of the leading worldwide oil groups. Net sales break down by activity as follows:
- refining and chemistry (42.7%): refining of petroleum products (operated, at the end of 2023, 16 refineries throughout the world) and manufacture of basic chemistry (olefins, aromatics, polyethylene, fertilizer, etc.) and of specialty chemistry (rubber, resins, adhesives, etc.). The group is also operating in trading and sea transport of crude oil and oil products;
- petroleum products distribution (37.9%): at the end of 2023 operated 14,571 service stations worldwide;
- electricity generation (11.5%): from combined cycle gas plants and renewable energies;
- gas production, trading, transport and distribution (5%): primarily liquefied natural gas (44.3 million tonnes sold in 2023), natural gas, biogas, hydrogen, liquefied petroleum gas, etc.;
- hydrocarbon operating and production (2.8%): 2.5 million barrels of oil equivalent produced per day in 2023;
- other (0.1%).
Net sales are distributed geographically as follows: France (23.4%), Europe (41.2%), North America (9.4%), Africa (9.2%) and other (16.8%).