TotalEnergies officials visited Muscat, meeting with His Majesty Sultan Haitham bin Tariq Al Said and Minister of Energy & Minerals, Eng. Salim bin Nasser Al Aufi, reaffirming the partnership between TotalEnergies and OQ, the Oman national oil company. They announced the Final Investment Decision for the Marsa LNG project, committing to offtake 0.8 Mtpa of LNG from Oman LNG annually for ten years, starting in 2025. This consolidates TotalEnergies‘ position as a key offtaker of Oman LNG’s production. The Marsa LNG project, with TotalEnergies holding 80% and OQ 20%, combines gas production from the Mabrouk North-East field with LNG liquefaction at Sohar port. Additionally, TotalEnergies (49%) and OQ Alternative Energy (51%) are discussing joint development of up to 800 MW, including a 300 MW solar project to power the LNG plant.
TotalEnergies announces Marsa LNG project investment
The Marsa LNG plant will operate on 100% solar power, with a GHG intensity below 3 kg CO2e/boe. (Image Credit: TotalEnergies)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)