newsfilter
← Latest News
Business Wire·

United States: TotalEnergies Enters 26 Chevron-Operated Offshore Exploration Blocks, Strengthening the Successful U.S. Partnership Between Both Companies

TTEPARIS:TTE
  • TotalEnergies acquires a 25% working interest in 26 Chevron-operated exploration leases offshore the United States.
  • Chevron acquires a 75% operated interest in two exploration leases adjacent to existing jointly held blocks from TotalEnergies.
  • The 26 leases are located 150 to 250 km from shore, comprising 24 blocks in the Green Canyon area & 2 blocks in the Walker Ridge area.
  • The transaction expands TotalEnergies' U.S. offshore exploration portfolio following its entry into 40 Chevron-operated blocks in June 2025.
  • TotalEnergies maintains interests in producing assets including Ballymore (40%), Anchor (37.14%), Jack (25%), & Tahiti (17%).
  • Since 2022, TotalEnergies has invested nearly $12 billion in the U.S. to accelerate oil, LNG, & electricity development.
  • TotalEnergies was the number 1 exporter of U.S. LNG in 2025 with 19 million tons exported.
  • The company holds 10 GW of installed power capacity in the U.S. as part of its Integrated Power strategy.