TotalEnergies’ Third Quarter 2022 Results

Highlights

Social and environmental responsibility

• TotalEnergies’ contributed to the energy transition dialogue in view of COP27 with the publication of the “TotalEnergies Energy Outlook 2022”
• Fuel price reduction program until year-end for TotalEnergies’ service stations in France: 20 c/l discount extended until November 15 and then 10 c/l discount until December 31, 2022

Electricity & Renewables

• Acquired an interest in the development of more than 12 GW of onshore solar and wind projects in Brazil
• Offshore wind:
  • Start-up of Seagreen, Scotland’s largest offshore wind farm
• Solar:
  • Start-up of the 800 MW Al Kharsaah solar power plant in Qatar
  • Reached the objective of 500 MW of distributed solar generation capacity worldwide

LNG

• Acquired a 9.375% stake in the 16 Mt/y North Field South LNG project in Qatar
• Launched the FEED for the Papua LNG project’s upstream production facilities, in Papua New Guinea

Upstream

• Started production at the Ikike field in Nigeria
• Launched developments in Angola of the Begonia oil field, the Quiluma and Maboqueiro gas fields, as well as a first solar project with a capacity of 35 MW
• Launched the Fenix offshore gas project in Argentina
• Significant offshore gas discovery at Cronos-1 well, located on Block 6 in Cyprus
• Exploration & production sharing agreement signed for Block 11 in Oman
• Sold 18% stake in the onshore Sarsang oil field in Iraq
• Sold 49% interest in the Termokarstovoye gas field in Russia to Novatek

Downstream and new molecules

• Agreement with SARIA to develop SAF production on the Grandpuits platform in France
• Sold 50% of fuel distribution business in Egypt to ADNOC

Decarbonization

• Awarded a CO2 sequestration license in Australia, in partnership with INPEX and Woodside
• First cross-border commercial agreement for CO2 transport and storage on the Northern Lights project in

Norway

• Memorandum of understanding with Holcim for a pilot project to decarbonize a cement plant in Belgium
• Created with the Technical University of Denmark a research center of excellence in decarbonized energies

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