Financial Ports

Caspian gas bonanza: TotalEnergies unlocks 6bn cu m with Absheron FID

CLAVE 1 / 4TotalEnergies and partners SOCAR and XRG sanction Absheron Full Field Development in the Caspian Sea.

CLAVE 2 / 4Project will boost gas output to 6 billion cubic metres per year and condensate to 47,000 barrels per day by 2029.

CLAVE 3 / 4Recoverable reserves stand at 140 billion cubic metres of gas, 100 km southeast of Baku.

CLAVE 4 / 4Scope 1 and 2 emissions intensity kept below 4 kg CO₂e per barrel of oil equivalent.

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