Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Oil India
Limited (OIL) signed a Cooperation Agreement to carry out methane
emissions detection and measurement campaigns using TotalEnergies’
pioneer AUSEA1 technology at OIL sites in India.
State-owned enterprise OIL recently joined the Oil and Gas
Decarbonization Charter (OGDC), a global industry initiative
launched at COP28, co-chaired by TotalEnergies’ CEO. The OGDC’s
ambition is to work towards net-zero operations by 2050, as well as
near-zero upstream methane emissions and zero routine flaring by
2030. Moreover, OGDC members are committed to measuring and
publicly reporting progress.
In line with the OGDC’s principle of sharing good practices,
TotalEnergies makes this technology available to other operators
among the signatories, as an effective and recognized tool to
detect, measure and eventually abate methane emissions on their own
assets.
AUSEA, a one-of-a-kind technology by TotalEnergies
Mounted on a drone, the AUSEA gas analyzer, developed by
TotalEnergies and its R&D partners, consists of a dual sensor
capable of detecting methane and carbon dioxide emissions, while at
the same time identifying their source. This technology marks a
step change in methane emissions detection and measurement compared
to traditional techniques. By allowing access to hard-to-reach
emission points, on all types of industrial facilities, both
offshore and onshore, AUSEA is reputed as one of the most accurate
technologies in the industry.
“We are delighted that OIL has joined the growing list of
national companies we are collaborating with by making our AUSEA
technology available. This is a clear demonstration that the Oil
& Gas Decarbonization Charter launched at COP28 has gained
momentum, thanks to the promotion of industrial best practices.
Today, AUSEA performs campaigns on every continent and contributes
to the OGDC signatories’ ambition to aim at near-zero upstream
methane emissions by 2030,” said Patrick Pouyanné Chairman and
CEO of TotalEnergies.
Commenting on the pact, Dr. Ranjit Rath, Chairman &
Managing Director of OIL, said, “By joining our peers in the
OGDC, OIL reiterates India’s commitment to the global community,
while underscoring OIL's dedication to reducing emissions. OIL is
pleased to be collaborating with TotalEnergies, an industry pioneer
in methane emissions detection and measurements.”
About Oil India
Oil India Limited (OIL), a Maharatna CPSE of the Government of
India, is a fully integrated Exploration & Production company
in the upstream sector. With its origin dating back to the glorious
year of oil discovery in India in 1889, today, OIL is regarded as
one of the leading CPSEs in the country with total domestic
operating acreage of more than 62,000 sq. km spread over areas in
the states of Assam, Arunachal Pradesh, Mizoram, Tripura, Nagaland,
Odisha, Andhra Pradesh & Rajasthan and offshore areas in
Andaman, Kerala-Konkan & KG shallow waters. OIL’s material
subsidiary, Numaligarh Refinery Limited (NRL), with its high growth
trajectory, has established its position as a model business
enterprise in the oil and gas industry in India. OIL’s Net Zero
commitment encompasses a range of initiatives, including achieving
zero gas flaring, adopting cleaner energy sources, investing in
renewable energy projects and implementing advanced technologies to
minimize greenhouse gas emissions. By adopting innovative
technologies, forging collaborations, and investing in renewable
energy projects, OIL is playing a vital role in India’s journey
towards a low-carbon economy and a sustainable energy future. The
untiring efforts and contribution of dedicated workforce OIL was
bestowed with the MAHARATNA status in 2023, the highest honour
conferred to a Central Public Sector Enterprise (CPSE) in
India.
@OilIndiaLtd | @Oil India Limited |
@OilIndiaLtd | @oilindialtd
About TotalEnergies in India
TotalEnergies is present in India since 1993 and has a growing
footprint in the Country. The Company has partnered with the Adani
Group through Joint Ventures in Gas and Renewables (Adani Total
Private Limited, Dhamra LNG Terminal Private Limited, Adani Total
Gas Limited, Adani Green Energy Limited, AGEL23, ARE9L and ARE64L)
and also has a presence in energy storage (SAFT) and distributed
solar generation. It operates in the chemical business (Hutchinson)
and is active in LPG, lubricants and special fluids, an underground
LPG storage facility at Vizag through a JV with HPCL, and
manufacturing & marketing of modified bitumen derivatives
through a JV with Indian Oil Corporation Limited. The Company has a
R&D centre in Mumbai (Technical Centre Asia- Pacific) and a
Digital Innovation Center located in Pune, in partnership with Tata
Consulting Services (TCS).
About TotalEnergies
TotalEnergies is a global integrated energy company that
produces and markets energies: oil and biofuels, natural gas and
green gases, renewables and electricity. Our more than 100,000
employees are committed to provide as many people as possible with
energy that is more reliable, more affordable and more sustainable.
Active in about 120 countries, TotalEnergies places sustainability
at the heart of its strategy, its projects and its operations.
@TotalEnergies | TotalEnergies | TotalEnergies
| TotalEnergies
Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company”
in this document are used to designate TotalEnergies SE and the
consolidated entities that are directly or indirectly controlled by
TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also
be used to refer to these entities or to their employees. The
entities in which TotalEnergies SE directly or indirectly owns a
shareholding are separate legal entities. This document may contain
forward-looking information and statements that are based on a
number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be
inaccurate in the future and are subject to a number of risk
factors. Neither TotalEnergies SE nor any of its subsidiaries
assumes any obligation to update publicly any forward-looking
information or statement, objectives or trends contained in this
document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the
most recent Registration Document, the French-language version of
which is filed by TotalEnergies SE with the French securities
regulator Autorité des Marchés Financiers (AMF), and in the Form
20-F filed with the United States Securities and Exchange
Commission (SEC).
1 Airborne Ultralight Spectrometer for Environmental
Applications
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Oil India Contacts Corporate Media Relations: +91
9810548249 | goswamir@oilindia.in Investor Relations: +91
9810602958 | smaharana@oilindia.in
TotalEnergies Contacts Corporate Media Relations: +33
(0)1 47 44 46 99 | presse@totalenergies.com | @TotalEnergiesPR
Investor Relations: +33 (0)1 47 44 46 46 | ir@totalenergies.com
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