TotalEnergies plans to invest between $80 billion and $90 billion from 2025 to 2030, focusing on its multi-energy strategy that balances low-carbon and traditional energy sources. The investment will support its ongoing commitment to Liquefied Natural Gas (LNG), which remains a key element of its strategy, along with expanding its electricity production.

Approximately $25 billion, or 27.8% of the total investment, will be directed toward low-carbon energies. The company anticipates annual production growth of 4% across oil, gas, electricity, and bioenergy during this period, with an increase in underlying free cash flow of $10 billion. Additionally, TotalEnergies aims to reduce its operational emissions by 40% for Scope 1 and 2 by 2030 compared to 2015 levels.

The firm emphasizes the importance of maintaining a disciplined investment policy while ensuring a shareholder return of over 40% of cash flow. As part of this strategy, TotalEnergies will execute $8 billion in share buybacks and plans to increase dividends by at least 5% in 2024. The company's commitment to LNG includes long-term contracts and ongoing exploration projects, particularly in Namibia.

As demand for energy rises, TotalEnergies views LNG as a transition fuel, aiming to reconcile energy needs with emissions reduction commitments.

Source: offshore-energy.biz