1st loading of the LNG Adventure vessel at the Cameron LNG liquefaction terminal in Louisiana, USA

Oil and gas

Our ambition for oil and gas

According to the Net Zero scenario put forward by the International Energy Agency (IEA), hydrocarbons are set to account for half of the world's energy needs in 2030, and will decrease below 20% in 2050.

TotalEnergies is a multi-energy company integrated across the entire oil and gas value chain. As such, our role is to responsibly, cost-effectively and sustainably produce the energy that we all need in our daily lives.

That’s why our ambition is to become the responsible energy major, providing oil and gas that are more affordable, more reliable, cleaner and accessible to as many people as possible.

Key challenges

The future of energy for our planet is being shaped by three key challenges, which are the basis for our strategy:

Meeting the energy needs of a growing world population, set to reach more than 10 billion people in 2050
Fighting global warming, taking the IEA's Sustainable Development scenario into account in our strategy and decisions
Meeting the expectations of our stakeholders (communities, non-profit organizations and public sector players) to provide tangible solutions to the challenges of local economic, human and social development

Producing oil and gas in a sustainable way also means being able to adapt to evolving requirements and limitations in the industry while capitalizing on the opportunities it offers. Energy markets have been characterized by highly volatile prices since 2015. Our integrated model has been invaluable in dealing with these conditions, providing the basis of our Company's extreme resilience.

Oil and gas fields are becoming more complex and less accessible, making resources more and more difficult to find and develop in a sustainable way. Today, we are increasingly able to leverage digital technology to rethink our exploration and production methods, for improved subsurface visualization, for example, or reduced logistics costs.

The industry is full of diverse and complex challenges, but our Company is constantly evolving to meet them head on.

Our activity

Central to our ambitions, the Asia-Pacific region boasts the world's most significant LNG consumers and hosts some of the group’s key gas-producing assets.

Our regional operations

Our team in Singapore operates across several countries in this region including:

  • Australia
  • China
  • Kazakhstan
  • Malaysia
  • Papua New Guinea

Our portfolio

Our portfolio is predominantly composed of gas assets, with 233 kboe/d hydrocarbon produced (SEC production, 2024), 746 Mcf/d of gas production (SEC production, 2024) and representing over 14% of the Company’s gas production.

Our assets and developments in the region

LNG Carrier QOGIR

Liquefied natural gas

Natural gas, specifically LNG, plays a critical role in ensuring a just, orderly, and equitable energy transition. With 50% lower CO₂ emissions than coal, LNG is essential for cleaner power generation and is highly flexible in meeting fast-growing energy demands driven by electrification.

Learn more