The Shareholders' Newsletter #77 Summer 2025

Headline news

Headline news

© Petrobras

BRAZIL First oil of Mero-4 in Brazil

This start-up brings Mero’s total production capacity to 770,000 b/d, with a TotalEnergies share of around 100,000 boe/d at full capacity.

Located 180 kilometers off the coast of Rio de Janeiro, Brazil, the Mero-4 field connects 12 wells to a new Floating Production, Storage and Offloading (FPSO) unit with a production capacity of 180,000 barrels of oil per day.

The start-up of Mero-4 marks the end of the development of this world-class field, with the commissioning of four FPSOs in three years. With its vast resources and high productivity, the Mero field delivers low-cost and low-emission oil production in line with our Company strategy and contributes significantly to the achievement of our objective to grow our production by 3% per year between 2024 and 2030.

You can find all our press releases at totalenergies.com under News.

© TotalEnergies

SPAIN TotalEnergies inaugurates its largest solar field in Europe

Located near Sevilla, it will produce 515 GWh per year of renewable electricity, equivalent to the consumption of over 150,000 Spanish households, and will avoid 245,000 tons of CO2 emissions per year.

Most of the electricity produced will be sold through long-term power purchase agreements (PPAs) and the remainder will be sold on the wholesale market.

With 1,700 employees in Spain, TotalEnergies is building a competitive portfolio that combines renewables and flexible gas-fired power plants to deliver clean firm power to its customers. TotalEnergies is the fourth-largest provider of electricity, gas and related services in Spain, where it has over two million customers.