London, December 03, 2024, (Oilandgaspress) ––– TotalEnergies underlines the importance of its strategic partnership in the field of energy with the Kingdom under the patronage of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Saudi Minister of Energy. The company deploys with success its multi energy strategy in the Kingdom with its flagships projects in the downstream oil sector thanks to its partnership with Aramco, and the development of renewables with various local partners.
“On behalf of TotalEnergies, I would like to celebrate our long history in Saudi Arabia, our strategic partnership with Aramco in particular, as well as the quality, loyalty and commitment of our stakeholders in the Kingdom’s energy sector,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “Saudi Arabia is emblematic of our multi-energy strategy aimed at supporting the energy transition of oil and gas producing countries. Our activities to produce low-carbon and renewable energies contribute to the country’s Green Initiative and Vision 2030’s objectives. So, we look forward to continuing to build beautiful things there for years come.”
SATORP: TotalEnergies’ largest refining and chemicals platform in the world
Jointly held by Aramco (62.5%) and TotalEnergies (37.5%), SATORP is one of the world’s best performing integrated refining and petrochemicals platforms, with a production capacity of 460,000 barrels a day.
Located in Jubail and commissioned in 2014, SATORP is the first platform in the Middle East North Africa region to receive ISCC+ certification (July 2022), a sign of international recognition of its circular projects such as the production of polymers from an oil made of recycled plastic waste
In 2022, SATORP played a vital role in ensuring France’s energy security. When sanctions shut Russian diesel out of Europe, SATORP delivered around 300 000 tons of diesel to France, which has made it possible to guarantee France’s security of supply.
AMIRAL: an $11 billion petrochemical complex
The construction of the Amiral petrochemical complex, which benefits from synergies with the SATORP platform, is already a third of the way through in line with its initial schedule, which is scheduled to start in 2027. The Amiral project alone, jointly developed by Aramco (62.5%) and TotalEnergies (37.5%), represents an investment of about $11 billion.
Solar: our multi-energy strategy to serve the Kingdom’s objectives
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