TotalEnergies Acquires BP's Retail, Wholesale and Logistics Fuel Assets in Mozambique

TotalEnergies Acquires SapuraOMV Upstream Gas Interests in Malaysia

December 10, 2024

Oil & Gas

TotalEnergies completed the acquisition of the upstream gas interests held by OMV and Sapura (each 50%) in SapuraOMV Upstream, giving it operated stakes in blocks SK408 and SK310 offshore Sarawak. The deal strengthens TotalEnergies' upstream gas position in Malaysia and secures additional feed for the Bintulu LNG plant while keeping production costs and emissions intensity low.

TotalEnergies Acquires 50% Stake in AES Dominicana Renewables Portfolio

July 2, 2025

Energy

TotalEnergies has acquired a 50% stake in the solar, wind and battery storage (BESS) renewables portfolio owned by AES Dominicana, expanding its renewables footprint in the Dominican Republic. The deal follows TotalEnergies' earlier 30% purchase of AES renewables assets in Puerto Rico and increases the combined Caribbean portfolio to over 1.5 GW of capacity.

Global Partners LP Acquires 25 Liquid Energy Terminals from Motiva Enterprises

December 21, 2023

Oil & Gas

Global Partners LP completed the acquisition of 25 liquid energy terminals from Motiva Enterprises LLC for $305.8 million in cash, supported by a 25-year take-or-pay throughput agreement with Motiva. The purchase nearly doubles Global's U.S. terminal footprint, expanding access to marine loading facilities and major refined-product pipelines to strengthen its supply, storage and retail network.

Energy Fuels Acquires Base Resources

October 2, 2024

Energy

Energy Fuels Inc. completed the acquisition of Base Resources Limited in an all-share deal valued at approximately US$178.4 million, securing the Toliara Project in Madagascar and Base's heavy mineral sands capabilities. The acquisition provides Energy Fuels with additional monazite feedstock for rare earth element processing, potential titanium and zirconium production, and expands its critical minerals and supply-chain capabilities for clean-energy and defense markets.

TotalEnergies Acquires Tecoil, Finnish Re-Refined Base Oils Producer

July 1, 2024

Energy

TotalEnergies has acquired Tecoil, a Finnish specialist in re-refined base oils (RRBOs) that operates a 50,000 ton-per-year facility in Hamina, Finland. The acquisition will accelerate the use of regenerated base oils in TotalEnergies’ high-end lubricants, enhancing circularity and lowering carbon footprint across its automotive, industrial and marine lubricant offerings.

Total Energy (Savanna Australia) Acquires Saxon Energy Services Australia from SLB

March 7, 2024

Energy

Total Energy Services Inc., through its wholly owned subsidiary Savanna Energy Services Pty Ltd., completed the acquisition of Saxon Energy Services Australia Pty Ltd from SLB for US$34.8 million (plus up to US$2.0 million payable on the first anniversary). The deal increases Savanna Australia's land drilling rig fleet to 16 rigs and substantially increases the fleet's depth capacity; the acquisition was funded with cash on hand and existing credit facilities.