TotalEnergies Plans New Norway Exploration
TotalEnergies plans to expand its exploration efforts in Norway by appointing a new manager in Stavanger. CEO Patrick Pouyanne highlighted the Norwegian continental shelf as a key region for future energy supply as Europe seeks alternatives to Russian resources.
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TOTALENERGIES SE will appoint a new exploration manager in Stavanger to examine new projects in Norway, CEO Patrick Pouyanne said on Monday afternoon. The move supports the energy major's strategy to expand market share as European nations seek regional gas supplies. Norway currently supplies roughly 30% of the natural gas demand for United Kingdom and the European Union.
