Total Opens U.K. Offshore Wind Hub in North Sea Oil, Gas Fiefdom [Financial Post (Toronto, Ontario, Canada)]
TotalEnergies SE (TTE)
Company Research
Source: Financial Post
Advertisement TotalEnergies SE opened an offshore wind hub within its existing center for U.K. North Sea oil and gas, the latest example of fossil-fuel producers shifting to clean energy. The center will utilize the offshore expertise that TotalEnergies has built in Aberdeen, Scotland, over the last 50 years, the French company said in a statement on Monday. The move will enable staff to transfer their skills from oil and gas to renewables as that part of the company's business grows. Advertisement Article content “With the energy transition gathering speed, we see Scotland as a great place to broaden our relationship by investing in offshore wind,” TotalEnergies Chief Executive Officer Patrick Pouyanne said in the statement. The company, which expects global oil demand to peak before 2030 because of the shift to low-carbon energy, purchased a majority stake in a large wind farm off the coast of Scotland last year, and also made an investment in a smaller floating-wind pr
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TTE
Earnings
- 2/7/24 - Miss
TTE
Sec Filings
- 4/5/24 - Form 6-K
- 4/3/24 - Form FWP
- 4/1/24 - Form 6-K
- TTE's page on the SEC website