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Exploration & Production conducts TotalEnergies’s oil and natural gas exploration, development and production operations. We do this responsibly, profitability, flexibly and sustainably, in order to meet the needs of a growing world population and provide better, more affordable, more reliable and cleaner energy. One of the leading companies in deep offshore, offshore and liquefied natural gas (LNG), with strong positions in the Middle East, Africa and the North Sea, we produce nearly 3 million barrels of oil equivalent per day. 

In 2020, TotalEnergies confirmed its ambition to get to Net Zero by 2050, together with society, and continued its transformation into a broad energy company with oil and gas, low-carbon electricity and carbon-neutrality solutions. Faced with the dual challenge of providing more energy with fewer emissions, Exploration & Production will continue to invest in LNG projects as well as in low cost oil projects consistent with its climate ambition. 

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Discover our oil & gas projects around the world

Upstream Operational Key Figures in 2020

2.87 Mbep/j Hydrocarbone production upstream ~55% Part of gas Production costs 5.1 $/boe Lowest of the majors 12 years of proved reserves 60% Part of gas 127% Renewal rate of proved reserves (average over 3 ans)

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